Agmt 2002 Alameda County Transportation Improvement Authority ACTIA

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~.;~r ACTIA AGMT #2002-13 AGREEMENT BETWEEN THE ALAMEDA COUNTY TRANSPORTATION IMPROVEMENT AUTHORITY AND THE CITY OF SAN LEANDRO This AGREEMENT is made this 18th day of March , 2002, by and between the Alameda County Transportation Improvement Authority, hereinafter referred to as "ACTIA", a local public agency, and the CITY OF SAN LEANDRO, hereinafter referred to as "CITY", a municipal corporation. RECITALS WHEREAS, 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; and WHEREAS, the duration of the tax will be 20 years from the initial year of collection, which will begin April 1, 2002, with said tax to terminate/expire on March 31, 2022; and WHEREAS, the one-half cent transaction and use tax proceeds will be used to pay for the programs and projects outlined in Alameda County's 20-Year Transportation Expenditure Plan (hereinafter referred to as "Plan"), as it maybe amended; and WHEREAS, ACTIA will have the authority to bond for the purposes of expediting the delivery of transportation projects and programs, and costs associated with bonding will be borne only by C:ATEMP~P.CTIA-CITY-San L.eandroagree.doc Page 1 of I1