RES 85123 - Laserfiche WebLink

powers, member jurisdictions are further empowered, upon ap- propriate findings by the Metropolitan Transportation Commission (hereinafter "MTC") under California Public Utilities Code Sec- tions 99207(b) and 99289, to claim, receive and expend Transpor- tation Development Act (hereinafter "TDA") funds. Member juris- dictions desire to jointly exercise such powers to provide public transportation within the service area and to claim and utilize all forms of regionally-allocated, State, Federal, or other grants or revenues, including TDA funds, available to member jurisdictions for such purpose. 2. Creation of Transit Authority. Upon the effective date of this agreement, there is hereby created the Transit Authority (hereinafter "Authority") as a separate and distinct public enti- ty from member jurisdictions, to administer and implement this agreement and to exercise the common powers provided herein within the Service Area attached as Exhibit A. 3. Purpose.~ Authority is a newly-created .entity with powers unto itself which have been granted by the participants for the purpose of providing public transportation. The common powers provided in this agreement shall be jointly exercised to provide the service area with coordinated public transportation services. 4. Board of Directors. a. Voting. Authority shall be governed by a Board of Directors.. There shall be seven (7) members of the Board of Di- rectors. Each City member jurisdiction shall appoint two (2) regular representative to the Board of Directors. The County of - 2 -