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LIVERMORE/AMADOR VALLEY TRANSIT AUTHORITY <br /> JOINT EXERCISE OF POWERS AGREEMENT <br /> TABLE OF CONTENTS <br /> 1 . Background <br /> a. Need for Public Transportation Services <br /> b . Joint Exercise of Powers <br /> 2 . Creation of Transit Authority <br /> 3 . Purpose <br /> 4 . Board of Directors <br /> a. Voting <br /> b. Alternate <br /> c . Elected Officials <br /> d. Participation in Decisions Affecting Member <br /> Jurisdictions <br /> e. Selection and Removal <br /> 5 . Action by Board <br /> a. Quorum (Five Votes) <br /> b . Action Generally ( Four Votes) <br /> c. Permanent Changes in Routes <br /> d . Matters Requiring Five Votes Plus Member Jurisdiction <br /> Notice <br /> e . Effective Date <br /> 6. Notice of Board Actions <br /> a. Agendas <br /> b. Minutes <br /> 7 . Bylaws <br /> 8. Powers <br /> a. Enumeration of Powers <br /> b . Special Transportation Services <br /> c. Restriction on Power <br /> 9 . Financial <br /> a. Fiscal Year <br /> b . Depository <br /> c. Audit <br /> d. Property Custodian <br /> e . Budget <br /> f. Contributions by Member Jurisdictions <br /> g . Formula for TDA Service Allocation <br /> h. Method for Calculating Service Levels <br /> 10 . Debts and Liabilities <br /> 11. Insurance <br /> 12 . Indemnification <br /> 13 . Disposition of Money and Property <br /> a. Successor Public Entity <br /> b. Withdrawal of Member Jurisdiction <br /> 14 . Term of Agreement <br /> 15 . Termination <br /> a. Individual Member Withdrawal <br /> b . Complete Dissolution <br /> 16 . Amendment <br /> 17 . New Members <br /> 18 . Successors <br /> 19 . Severability <br />