TRI VALLEY TRANSPORTATION DEVELOPMENT FEES TRAFFIC MITIGATION JPA

b. To h, Plan To e~, Proje Tran: To es impl¢ The Treasurer shal Keep TVT] disbu with Remi quart contr 7.d), Local Coot( $5,54 Treas d. Reim Sectk e. Calcu 7; f. Tram for th Impr( SEP; Joint Exercise of Power TVTD Fees for Traffic :lp resolve regional traffic problems through implementation of the and the TVTD Fee program. tablish funding goals for identified Transportation Improvement zts and to seek commitments regarding funding for the oortation Improvement Projects. iblish mechanisms for collecting, managing and disbursing the Fee and to formalize institutional arrangements for the nentation of the Projects to be constructed with fee revenues. Section 4. Duties of Treasurer perform the following Duties: record of all TVTD Fees paid to the Treasurer by any Party; all Fees retained by any Party pursuant to Section 6(b); and all ;ements and expenditures made by the Treasurer in accordance .his Agreement; : all TVTD Fees, including interest earned thereon, to ACTA on a .~fly basis until ACTA has received $5,548,300 (less any bution by Parties subject to reimbursement pursuant to Section arhich is the total amount due to ACTA under all of the Parties' Match Agreements; linate with the Parties and ACTA to assure that no more than 8,300 in TVTD Fees and contributions are paid to ACTA, by the ~rer from the Joint TVTD Fee Account; )urse Parties from the Joint TVTD Fee Account pursuant to ~n 7; late interest due on reimbursements to Parties, pursuant to Section mit monies from the Joint TVTD Fee Account to Project Sponsors : planning, design and construction of the Transportation ,vement Projects listed in Section 8 and in accordance with the ; Agreement Page 5 of 21 Mitigation June 2, 1998