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Agmt 2012 Alameda County Transportation Commission
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Agmt 2012 Alameda County Transportation Commission
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Last modified
7/20/2012 5:23:28 PM
Creation date
3/13/2012 10:10:57 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
4/2/2012
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Reso 2012-021
(Approved by)
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\City Clerk\City Council\Resolutions\2012
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Master Programs Funding Agreement between the <br /> Alameda County Transportation Commission <br /> and the City of San Leandro <br /> Contract Number A11-0081 <br /> This Master Programs Funding Agreement ( "AGREEMENT ") is made this 2nd day of <br /> April , 2012, by and between the Alameda County Transportation Commission <br /> ( "Alameda CTC ") and the City of San Leandro ("RECIPIENT "). <br /> RECITALS <br /> A. On November 7, 2000, the voters of Alameda County, pursuant to the provisions <br /> of the Local Transportation Authority and Improvement Act, California Public Utilities Code <br /> • Section 180000 et seq., approved the reauthorization of Measure B, thereby authorizing Alameda <br /> County Transportation Improvement Authority ( "ACTIA ") to administer the proceeds from a <br /> continued one -half cent transaction and use tax ("Measure B "). <br /> B. The duration of the tax will be 20 years from the initial year of collection, which <br /> began April 1, 2002, with said tax to terminate /expire on March 31, 2022. The tax proceeds will <br /> be used to pay for the programs and projects outlined in Alameda County's 20 -Year <br /> Transportation Expenditure Plan (the "Measure B Expenditure Plan "), as it may be amended. <br /> C. The Measure B Expenditure Plan authorizes the issuance of bonds to expedite <br /> delivery of transportation projects and programs. Costs associated with bonding will be borne <br /> only by the capital projects included in the Measure B Expenditure Plan and by any programs <br /> included in the Measure B Expenditure Plan that utilize the bond proceeds. <br /> D. On November 2, 2010, the voters of Alameda County approved Measure F, the <br /> Vehicle Registration Fee ( "VRF ") Program, pursuant to Section 65089.20 of the Government <br />
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