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RES 70143
City of Pleasanton
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1970-1979
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1970
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RES 70143
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8/23/2001 11:42:00 PM
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6/4/2001 5:41:11 PM
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CITY CLERK
CITY CLERK - TYPE
RESOLUTIONS
DOCUMENT DATE
6/22/1970
DOCUMENT NO
RES 70143
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EXHIBIT A <br /> <br /> An objective is tilat each entity in ACTFG will eventually receive the <br />equivalent of its stated TOPICS allocations, less the three (3) per ~ent project admin- <br />istrative costs and the Coordinating Agent costs. <br /> <br /> To illustrate'the expected manner in which the allocations of funds and costs <br />will be operated, the following example is presented. <br /> <br /> Assume that the total amount of the stated TOPICS allocations to the entities <br />in ACTFG during a given period is $1,000,000 and that Entity A is selected as the one <br />to receive the entire amount of TOPICS project money for that period. Entity A would <br />receive the $1,000,000 of TOPICS project ~oney, but the following year would have to pay <br />or have allocated from its other funds to the other entities in ACTFG the difference <br />between the $1,000,000 and Entity A's stated allocation plus its three (3) per cent (of <br />the $1,000,000 TOPICS project money) administrative allowance. The following table shows <br />the method of calculating the various allocations: <br /> <br />Stated 2% Project <br />TOPICS Coordinating Administration Net <br />E~tit~ Allocation % of Total ~gent Costs Allowance Allocation <br /> <br /> A $ 400,000. 40 -$ 4,000. +$30,000. $426,000. <br />B 200,000. 20 -2,000. -10,000. 188,000. <br />C lO0,O00. 10 '- 1,000. ?5,000. 94,000. <br />D lO0,O00. 10 -1,O00. -5,000. 94,000. <br />E lO0,O00. 10 -1,O00. -5,000. 94,000. <br />F 50,000. 5 -500. -2,500. 47,000. <br />G 50,000. 5 -500. -2,500. 47,000. <br />TOTALS $1,000,000 100 $10,000. $ 0 $990,000. <br /> <br /> It is agreed that the Coordinating Agent will take appropriate measures, within <br />the limits of its powers, to assist in bringing about the proper allocations of funds to <br />all entities in accordance with the intent of this program. <br /> <br /> ? Failure of any entity to make all reasonable efforts to furnish the maps, data <br />or information which are its responsibilities under this program could result in the delay <br />or loss of its potential allocation of funds under this program. <br /> <br /> In the event that TOPICS funds unused by agencies that are not part of ACTFG <br />become available to AC~FG entities, such funds will be allocated in a manner similar to <br />that. indicated above and in accordance with the TOPICS requirements. <br /> <br /> It is intended that all funds received under this program will be utilized for <br />projects and programs to increase traffic capacity and safety. <br /> <br />~hrough cooperation, all entities in ACTFG stand to §ain substantially. <br /> <br />EX~IBI'T A <br /> <br /> <br />
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