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empowered, upon appropriate findings by the ~etropolitan <br />Transportation Commission (hereinafter "MTC") under California <br />Public Utilities Code Sections 99207(b') and 99289, to claimr <br />receive and expend Transportation Development Act (hereinaffter <br />"TDA") funds. ~ember jurisdictions desire to jointly exercise <br />such powers to provide public transportation within the service <br />area and to claim and utilize all forms of regionally-allocated, <br />State, Federal, or other grants or revenues, including TD,~ funds, <br />available to member jurisdictions for such purpose. <br /> <br /> 2. Creation of Transit Authority. Upon the effective date <br /> <br />of ~his agreement, there is hereby created the Transit Authority <br />(hereinafter "Authority") as a separate and distinct public <br /> <br />entity ffrom member jurisdictions, to administer and implement <br />this agreement and to exercise the common powers provided herein <br />within the Service Area attached as Exhibit A. <br /> 3. Purpose. Authority is a newly-created entity with <br />powers unto itself which have been granted by the participants <br />for the purpose of providing public transportation. The corns, on <br />powers provided in this agreement shall be jointly exercised to <br /> <br />provide the service area with coordinated public transportation <br />services. <br /> <br /> 4. Board o~ Directors. <br /> <br /> a. Voting. Authority shall be governed by a Board of <br /> <br />Directors. There shall be seven (7) members of the Board of -., <br />Directors. Each City member iurisdictions shall appoint two (2) <br />regular representatives to the Board of r)irectbrs. The County off <br />Alameda shall appoint one (1) regular representative. Each <br />representative to the 8oard of Directors shall have one vote <br />(except as provided by Paragraph 4b(ii)). <br /> -2- <br /> <br /> <br />