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ATTACHMENT 1 TRI-VALLEY TRANSPORTATION COUNCIL EXHIBIT A "Draft Funding Agreement" FUNDING AGREEMENT BETWEEN THE TRI-VALLEY TRANSPORTATION COUNCIL AND CITY OF PLEASANTON FOR THE ALLOCATION OF TVTDF FUNDS IN THE AMOUNT OF $2,650,000 FOR THE SUNOL BLVD AND 1-680 INTERCHANGE WIDENING PROJECT (Project C-6) This AGREEMENT is made and entered into as of by and between the Tri-Valley Transportation Council and the City of Pleasanton (PLEASANTON), collectively referred to herein as the "Parties." RECITALS F. WHEREAS, PLEASANTON, as one of the members of the Tri-Valley Transportation Council ("TVTC") is a signatory to the Joint Exercise of Powers Agreement pertaining to the Tri-Valley Transportation Development Fee ("TVTDF"); and G. WHEREAS, the Sunol/1-680 Widening Project ("Project") is identified on List C of the TVTC Strategic Expenditure Plan ("SEP") and is programmed for funding in the SEP Funding Plan for fiscal years 2022/23; and H. WHEREAS, PLEASANTON is the Project sponsor and requested a TVTDF funding allocation, and I. WHEREAS, pursuant to Resolution No. 2022-15, TVTC approved the allocation of $2,650,000 of TVTDF funds to PLEASANTON for the Project; and J. WHEREAS, the Parties desire to enter into this Funding Agreement to outline the terms and obligations associated with the allocation of TVTDF funds; NOW, THEREFORE, THE PARTIES DO HEREBY AGREE AS FOLLOWS: SECTION I TVTC AGREES: B. To allocate and transmit to PLEASANTON $2,650,000 of TVTDF funds for the P roj ect. PLEASANTON AGREES: E. To utilize the TVTDF funds solely for the Project, in accordance with the SEP. F. To keep and maintain accurate documentation consistent with Generally Accepted Accounting Principles (GAAP) related to the expenditure of the TVTDF funds allocated to the Project. Tri-Valley Transportation Council 17