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Last modified
9/29/2025 9:05:51 AM
Creation date
6/9/2022 12:55:19 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agenda
Document Date (6)
1/4/2022
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PERM
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Reso 2022- 002 Alameda CTC Funding Program
(Amended)
Path:
\City Clerk\City Council\Resolutions\2022
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Alameda CTC Agreement No. A22-0035 <br />Project No. 157900 <br />Appendix B - Page 2 <br />APPENDIX B (CONT.) <br /> <br />Reimbursement of ALAMEDA CTC ADMINISTERED FUNDS obligated by this AGREEMENT shall be in <br />accordance with the Drawdown Limitation Schedule below. <br /> <br /> <br />TABLE B-2 <br />ALAMEDA CTC ADMINISTERED FUNDS <br />REIMBURSEMENT - DRAWDOWN LIMITATION SCHEDULE <br />No. Fiscal Year Quarter Fund Source Drawdown <br />Limitation Amount <br />Cumulative <br />Drawdown <br />Limitation Amount <br />1 FY 22/23 Any TFCA $92,000 $92,000 <br />Sub-total TFCA $92,000 <br />1 FY 22/23 Any 2000 MB $1,000,000 $1,000,000 <br />1 FY 23/24 Any 2000 MB $387,000 $1,387,000 <br /> Sub-total MB $1,387,000 <br /> <br /> <br />Notes: <br />1. Fiscal Year (FY) begins July 1 and ends June 30. <br />2. Quarter 1 begins July 1 and ends September 30; Quarter 2 begins October 1 and ends December 31; <br />Quarter 3 begins January 1 and ends March 31; and Quarter 4 begins April 1 and ends June 30. <br />3. ALAMEDA CTC shall endeavor to transmit payments to PROJECT SPONSOR following the receipt and <br />approval of a complete Request for Reimbursement(s) submitted by the PROJECT SPONSOR. <br />4. Actual reimbursements from ALAMEDA CTC to the PROJECT SPONSOR shall not exceed the Cumulative <br />Drawdown Limitation Amount without Alameda CTC’s written approval. Any portion of a reimbursement <br />request, which exceeds the applicable Cumulative Drawdown Limitation without such prior approval by <br />ALAMEDA CTC shall be deferred until the following quarter or until sufficient capacity in the cumulative <br />drawdown limitation amount is achieved. <br />327
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