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809-004 <br /> RM 2 FUND TRANSFER AGREEMENT <br /> BETWEEN <br /> ALAMEDA COUNTY CONGESTION MANAGEMENT AGENCY <br /> AND <br /> CITY OF PLEASANTON <br /> For the <br /> Eastbound I-580 Landscape Replacement Project in the Tri-Valley <br /> This RM2 Fund Transfer Agreement("Agreement") is made and entered into as of Mihtc,,it IS 2010,by <br /> and between the Alameda County Congestion Management Agency("ACCMA"), and the City of <br /> Pleasanton("SPONSOR"). <br /> RECITALS <br /> A. ACCMA in coordination with Caltrans proposes to construct eastbound high-occupancy <br /> vehicle(HOV) lanes in the existing median of I-580 corridor in the Tri-Valley("I-580 EB HOV <br /> Project"). This project is listed as a high priority project in the Alameda Countywide Transportation Plan <br /> and as a strategic surface transportation improvement in the Regional Transportation Plan(2030) <br /> prepared by the Metropolitan Transportation Commission ("MTC"). <br /> B. ACCMA, SPONSOR, the City of Dublin, and the City of Livermore are parties to that <br /> certain Memorandum of Understanding dated March 27, 2008 for the Eastbound Interstate Highway 580 <br /> Landscape Replacement Project in the Tri-Valley("MOU") with respect to the replacement of landscape <br /> plants that will be removed by the 1-580 EB HOV Project(the "Landscape Replacement Project"). <br /> C. SPONSOR has agreed to implement those portions of the Landscape Replacement <br /> Project pursuant to the MOU that are within SPONSOR's city limits. <br /> D. ACCMA has obtained Regional Measure 2 ("RM2") funds for the Landscape <br /> Replacement Project through allocation decisions made by the MTC at ACCMA's request, and ACCMA <br /> has agreed to make a specified percentage of such funds available to SPONSOR as reimbursement for a <br /> portion of SPONSOR's costs in implementing the Landscape Replacement Project. <br /> E. RM2 funds are subject to the policies and procedures set forth in Appendix A to MTC <br /> Resolution 3636("MTC Appendix A"). <br /> AGREEMENT <br /> NOW THEREFORE, the ACCMA and the SPONSOR agree that the recitals are true and correct and <br /> further agree as follows: <br /> 1. PURPOSE OF AGREEMENT <br /> The purpose of this Agreement is to specify the terms and conditions for reimbursement between <br /> ACCMA and SPONSOR for the Landscape Replacement Project. <br /> Page 1 <br />