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II <br /> <br /> CITY agrees to: <br /> <br /> 1. Refrain from substituting funds provided to it pursuant to this <br />agreement for property tax funds which are currently being used to fund existing <br />local transportation programs and instead limit the use of the said funds to the <br />improvement of local transportation such as street and road maintenance and <br />transit projects. <br /> <br /> 2. No later than ninety (90) days fr~n the end of the fiscal year of <br />each year during this agreerent, subnit to the Transportation Authority, a <br />compliance audit prepared by the City's own internal independent auditor or by a <br />Certified Public Accountant, to substantiate that the City has complied with the <br />requirements of this agreement and state and local law concerning the purpose <br />for which funds received by the City under this agreement have been spent. <br /> <br /> III <br /> <br /> TERM: <br /> <br /> The term of this contract shall be from , 1987 to <br />April, 2002. <br /> <br /> MODI FI CATION: <br /> <br /> The parties may modify or anend this agreenent, in writing.by mutual <br /> <br />consent. <br /> <br /> Dated: <br /> <br /> ALAMEDA C[~3NTY TRANSPOR~RTION AUII~OR/TY <br /> <br /> Dated: <br /> <br /> CITY OF <br /> <br /> <br />