14 - Laserfiche WebLink

ACTIA Agreement No. A07-0012 Funding Agreement Between The Alameda County Transportation Improvement Authority and The City of Pleasanton fox the Bicycle/Pedestrian Countywide Discretionary Funds for the Pleasanton Pedestrian and Bicycle Master Plan This Agreement is made and entered into between the City of Pleasanton, a municipal corporation ("Project Sponsor"), and the Alameda County Transportation Improvement Authority, a local public agency ("ACTIA") on June 30, 2007. SECTION I RECITALS: 1) The voters of Alameda County, pursuant to the provisions of the Local Transportation Authority and Improvement Act, California Public Utilities Code Section 180000 et seq., approved the reauthorization of Measure B at the General Election held on November 7, 2000, thereby authorizing that ACTIA be given the responsibility to administer the proceeds from the continued one-half cent transaction and use tax. The duration of the tax will be 20 years from the initial year of collection that began April 1, 2002, with said tax to terminate/expire on March 31, 2022. 2) This funding agreement is made in furtherance and in compliance with the Local Transportation Authority and Improvement Act (California Public Utilities Code section 180000 et .req.). Measure B Sales Tax Funds spent pursuant to this funding agreement will not replace funds previously provided by property tax revenues for public transportation services. 3) ACTIA and Project Sponsor, a public agency in ACTIA's jurisdiction, desire to enter into this Funding Agreement ("Agreement") to implement an eligible project ("Project") to expand and enhance bicycle and pedestrian access, convenience, safety and usage in Alameda County. NOW, THEREFORE, the parties agree as follows: BikePed-Cycle3-A070012-Pleasanton-MasterPlan.doc Page 1 of 18