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Alameda CTC Agreement No. A25-00XX 2 include an executed agreement between the Applicant and non-Applicant that demonstrates components proposed will be completed by the respective implementing agencies as stated within the AHSC Application. WHEREAS, the PARTIES have agreed that if awarded AHSC funds for STI Obligations pertaining to the East Bay Greenway Multimodal (Phase 1) Project, the CITY will serve as the fund recipient and fiscal agent for the awarded AHSC funds, and will pass through the funds to ALAMEDA CTC for implementation of STI Obligations pertaining to the East Bay Greenway Multimodal (Phase 1) Project; and WHEREAS, the AHSC Application seeks a funding award request of an aggregate amount of up to $50,000,000 in AHSC funds consisting of: (A) not to exceed $35,000,000 of AHSC funds for the construction of the Housing Project; and (B) not to exceed $15,000,000 of AHSC funds for the East Bay Greenway Multimodal (Phase 1) Project NOW, THEREFORE, the PARTIES mutually understand and agree to the following: SECTION I INTRODUCTION 1.1 All of the foregoing recitals are true, correct and are incorporated herein by this reference. 1.2 This MOU shall be legally binding on the PARTIES, and by executing the same, each PARTY hereby acknowledges that its governing body has given all approvals necessary therefore. 1.3 The term “Project Sponsor” in this MOU shall mean the PARTY responsible for establishing the scope of a project, securing the financial resources to fund the work thereof, determining the schedule, and ensuring project scope, cost, funding, and schedule are accurately reflected in the regional Transportation Improvement Program (TIP). 1.4 The term “Implementing Agency” in this MOU shall mean the PARTY responsible for managing the scope, cost, schedule, and quality of the work activities and products of a project component. 1.5 The term “Applicant” in this MOU shall mean the PARTY responsible for submitting the AHSC Application. 1.6 The term “Non-Applicant” in this MOU shall mean the PARTY responsible for the completion of the STI Obligations proposed in the AHSC Application. SECTION II CITY OBLIGATIONS AND AGREEMENTS: 2.1 The CITY shall be the Applicant responsible for submitting the AHSC Application. 2.2 The CITY agrees to serve as the fiscal agent for the AHSC Application, which involves passing through funds received from the AHSC Program to ALAMEDA CTC for the completion of the STI Obligations for the East Bay Greenway Multimodal (Phase 1) Project. 2.3. The CITY shall make a good faith effort to transfer appropriate funds to the ALAMEDA CTC no later than thirty (30) calendar days following receipt of an approved Request for Reimbursement that