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PFA Alameda County Transportation Commission - Links Shuttle Operations
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Committee Agenda
Document Date (6)
5/25/2023
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Alameda CTC Agreement No. A23-0053 <br />Project No. 1480013 <br /> <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 />TABLE B-2 <br />ALAMEDA CTC ADMINISTERED FUNDS <br />REIMBURSEMENT - DRAWDOWN LIMITATION SCHEDULE <br />No. Fiscal Year <br />Drawdown <br />Limitation Amount <br />Per Fiscal Year <br />Cumulative <br />Drawdown Limitation <br />Amount <br />1 2023/24 $143,750 $143,750 <br />2 2024/25 $152,000 $295,750 <br />Total $295,750 <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 />DocuSign Envelope ID: 8F58B4C8-7049-4F1C-88B5-240CF9AE95A9
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