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