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SECTION 4. Applicant shall provide Alameda CTC with a fully executed copy of <br />this Resolution concurrently with submittal of the Application. <br />SECTION 5. Applicant, by adopting this resolution, hereby confirms that: <br />1. Applicant will commit to implementing the Project as described in the <br />Application; and <br />2. Applicant will have adequate staffing resources to deliver and complete the <br />Project within the time period identified in the application; and <br />3. Applicant understands it will enter into an Agreement with Alameda CTC, and <br />will comply with the Agreement’s requirements, including adherence to the <br />completion of the agreed upon project scope, project delivery milestones, <br />funding deadlines, project reporting and deliverable deadlines; and <br />4. Applicant commits to delivering the Project consistently with the Commission <br />approved CIP Programming Guidelines and CIP policies, as they may <br />change, for the funds awarded by the Commission to the Project; and <br />5. Applicant will commit matching funds as proposed in the Application against <br />the awarded Alameda CTC Administered Funds by phase in the amount(s) of <br />$255,000 for the design phase and $2,845,000 for the construction phase <br />anticipated to be from City Traffic Impact Fee source(s); and <br />6. Applicant will provide any additional funding that may be required beyond the <br />original proposed Application match amount to deliver the phase of the <br />Project that is awarded with Alameda CTC Administered Funds; and <br />7. Applicant understands that Alameda CTC Administered Funds awarded to the <br />Project are limited to the Commission approved programmed amount by <br />phase, and therefore any cost increases or unexpected funding shortfalls <br />cannot be expected to be funded by shifting funds between phases, or by <br />requesting additional Alameda CTC Administered Funds; and <br />8. Applicant understands that any cost savings in the Alameda CTC -funded <br />phase(s) will be shared proportionally between Applicant and Alameda CTC; <br />and <br />9. Applicant will comply with the applicable requirements set forth in Alameda <br />CTC’s Local Business Contract Equity (“LBCE”) Program and related exhibits, <br />as applicable, for professional services and construction contracts funded <br />with Measure B, Measure BB, and/or VRF funds, such as including LBCE <br />Program goal(s) and provisions in applicable solicitations and resulting <br />contracts, providing timely notification to Alameda CTC of applicable <br />solicitations prior to advertisement, and adhering to reporting requirements. <br />PASSED, APPROVED AND ADOPTED by the City Council of the City of <br />Pleasanton at a regular meeting held on the 15th day of October, 2024. <br />Page 60 of 218