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IMPLEMENTING GUIDELINES Title VI of the Civil Rights Act,as applicable. outlined in this Plan and will be subject to All projects and programs funded in this Plan audits. will be required to conform to the requirements of these regulations,as 20. Project and Program Financing:Alameda CTC applicable.All projects that go through will have the authority to bond for the environmental review analyses will select the purposes of expediting the delivery of most efficient and effective project alternative transportation projects and programs.The and technology for implementation to meet the bonds will be repaid with the proceeds of this objective of the project,and will have clearly sales tax.The costs associated with bonding, defined project descriptions,limits and including interest payments,will be borne only locations as a result of the environmental by the capital projects or any programs process. included in the Plan that utilize bond proceeds. The costs and risks associated with bonding 16. Complete Streets:It is the policy of will be presented in Alameda CTC's strategic Alameda CTC that all transportation plan and will be subject to public comment investment decisions shall consider the needs before any bond sale is approved. of all types of transportation and all users.All investments will conform to Complete Streets 21. Programming of Funds:Actual revenues may, requirements and Alameda County guidelines at times,be higher than expected in this Plan to ensure that all transportation types and due to changes in receipts and additional funds users are considered in the expenditure of may become available due to increased funds so that there are appropriate investments opportunities for leveraging or project costs that fit the function and context of facilities that less than expected.Revenue may be lower than will be constructed. expected as the economy fluctuates.Estimates of actual revenue will be calculated annually 17. Local Contracting and Good Jobs: by Alameda CTC during its annual budget Alameda CTC will develop a policy supporting process.Any excess revenue will be the hiring of local contractors,businesses and programmed in a manner that will accelerate residents from Alameda County as applicable the implementation of the projects and in the expenditure of these funds. programs described in this Plan,at the direction of the Alameda CTC Commission. 18. New Agencies:New cities or new entities (such as new transit agencies)that come into 22. Fund Allocations:Should a planned project existence in Alameda County during the life of become undeliverable,infeasible or the Plan may be considered as eligible unfundable due to circumstances unforeseen at recipients of funds through a Plan amendment. the time this Plan was created,or should a project not require all funds programmed for PROJECT FINANCING GUIDELINES AND that project or have excess funding,funding for MANAGING REVENUE FLUCTUATIONS that project will be reallocated to another project or program of the same type,such as 19. Fiduciary Duty:By augmenting and extending Transit,Streets,Highways,Community the transportation sales tax,Alameda CTC is Development Investments,or Bicycle and given the fiduciary duty of administering the Pedestrian Safety,at the discretion of proceeds of this tax for the benefit of the Alameda CTC. residents and businesses of Alameda County. Funds may be accumulated by Alameda CTC 23. Leveraging Funds:Leveraging or matching of or by recipient agencies over a period of time outside funding sources is strongly to pay for larger and longer-term projects encouraged.Any additional transportation pursuant to the policies adopted by sales tax revenues made available through Alameda CTC.All interest income generated their replacement by matching funds will be by these proceeds will be used for the purposes spent based on the principles outlined for fund allocations described above. ?2014 Alameda County Transportation Expenditure Plan I 39