TRANSP FUND FOR CLEAN AIR - FY 2003/04

ALAM The enabling legisl years, unless a time timelines will be im 1: Within two ( fund transfer 2. Project spore months ofre~ must contain 3. Project spon., date of recei[ schedule has 4. Funds must the CMA fro 5. Sponsors mu must be subn period from 6. Sponsors mt District. 7. Sponsors mu after the post Any sponsor that dc flames will be given comply. Failure to ~ allocated to that pre until the sponsor ha: violations of this po EDA COUNTY CONGESTION MANAGEMENT AGENCY RANSPORTATION FUND FOR CLEAN AIR (TFCA) APPENDIX B: TIMELY USE OF FUNDS POLICY ion requires project sponsors to encumber and expend funds within two (2) ,~xtension has been granted. To ensure a timely use of funds, the following osed for each program year: ~,) months of receipt of funds from the Air District, the CMA will send out agreements to each project sponsor. ors must execute a fund transfer agreement with the CMA within three (3) eipt of an agreement from the CMA. The executed fund transfer agreement an expenditure plan for implementation of the project. ors must initiate implementation ora project within three (3) months of the t of the executed fund transfer agreement from the CMA, unless an extended )een approved in advance by the CMA. ~ expended within two (2) years from the date of the first receipt of funds by n the Air District, unless an extension has been approved by the CMA Board. ~t submit requests for reimbursement at least once per fiscal year. Requests itted within sixty (60) days after the end of the fiscal year, defined as the aly 1 to June 30. submit annual progress repons within the period established by the Air submit required post-project monitoring repons within three (3) months ~roject evaluation period. es not comply with any of the above requirements within the established time written notice from the CMA that they have sixty (60) days in which to :omply within sixty (60) days will result in the reprogramming of the funds iect, and the project sponsor will not be permitted to apply for new projects demonstrated to the CMA that steps have been taken to avoid future icy.