Reso 2002-131 to 135 - Laserfiche WebLink

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ACTIA 2002-26.01 MASTER PROJECT FUNDING AGREEMENT BETWEEN ALAMEDA COUNTY TRANSPORTATION IMPROVEMENT AUTHORITY AND CITY OF SAN LEANDRO This MASTER PROJECT FUNDING AGREEMENT (AGREEMENT), entered into on September 3, 2002, is between the CITY OF SAN LEANDRO, a local public agency, referred to herein as "SPONSOR", and the ALAMEDA COUNTY TRANSPORTATION IMPROVEMENT AUTHORITY, a public entity, referred to herein as "ACTIA", covers the general requirements for ACTIA funding of Tier 1 Projects in the Alameda County's 20-Year Transportation Expenditure Plan (PLAN) which was adopted in July 2000. A project specific funding agreement (SPECIFIC AGREEMENT) will be entered into to cover the specific requirements of each project. RECITALS (1) The voters of Alameda County, pursuant to the provisions of the Local Transportation Authority and Improvement Act, California Public Utilities Code Section 180000 et seq., approved the reauthorization of Measure B at the General Election held on November 7, 2000, thereby authorizing that ACTIA be given the responsibility to administer the proceeds from the continued one-half cent transaction and use tax. The duration of the tax will be 20 years from the initial year of collection that will begin April 1, 2002, with said tax to terminate/expire on March 31, 2022. (2) The PLAN, administered by ACTIA, includes environmental analysis, design, right-of- way acquisition, utility relocation and construction of the projects located in the City of San Leandro, and referred to herein as "PROJECTS". The PROJECTS covered by this AGREEMENT are described in EXHIBIT "A", "Project Description", attached hereto and incorporated herein by reference. Page 2