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EXHIBIT B <br /> Alameda CTC Agreement No.A26-00XX <br /> MEASURE B <br /> MASTER PROGRAMS FUNDING AGREEMENT <br /> between the <br /> ALAMEDA COUNTY TRANSPORTATION COMMISSION <br /> and the <br /> CITY OF PLEASANTON <br /> This Measure B Master Programs Funding Agreement("AGREEMENT"),effective the 1st of July 1, <br /> 2026,is entered into by and between the Alameda County Transportation Commission("ALAMEDA CTC") <br /> and the City of Pleasanton ("RECIPIENT"). <br /> RECITALS <br /> A. On November 7,2000,the voters of Alameda County,pursuant to the provisions of the <br /> Local Transportation Authority and Improvement Act,California Public Utilities Code Section 180000 et seq., <br /> approved the reauthorization of Measure B,thereby authorizing Alameda County Transportation <br /> Improvement Authority("ACTIA") to administer the proceeds from a continued one-half cent transaction <br /> and use tax("Measure B"). <br /> B. The Measure B sales tax was collected for a period of 20 years from April 1,2002,through <br /> March 31,2022.The tax proceeds must be used to pay for the programs and projects outlined in Alameda <br /> County's 20-Year Transportation Expenditure Plan (the"Measure B Expenditure Plan"),as it may be <br /> amended. <br /> C. On June 24,2010,ACTIA and ACCMA took the final actions to create ALAMEDA CTC,a <br /> joint powers authority,with all of ACTIA and ACCMA's functions and responsibilities. Pursuant to <br /> resolutions adopted by the ACCMA and ACTIA Boards and the governing body of the ALAMEDA CTC <br /> ("COMMISSION"),ACCMA and ACTIA were terminated as of the close of business on February 29,2012, <br /> with AL,\MEDA CTC designated as the successor entity.All of its predecessors'functions and responsibilities <br /> have been assigned to,and accepted by,AI,AMEDA CTC,including duties related to the Measure B Program. <br /> D. This AGREEMENT delineates the requirements of the Measure B Direct Local Distribution <br /> ("DLD") funds that have been directly allocated to local jurisdictions and transit operators,as authorized by <br /> the Measure B Expenditure Plan.Discretionary funds identified in this expenditure plan are not the subject of <br /> this AGREEMENT,and RECIPIENT will be required to enter into a separate agreement for those funds. <br /> E. RECIPIENT's Measure B Audited Financial Statement for Fiscal Year Ended June 30,2025 <br /> reports a Measure B DLD fund balance of$238,720. <br /> F. The parties to this AGREEMENT previously entered into a Master Programs Funding <br /> Agreement applicable to DLD funds distributed by ALAMEDA CTC,which expires as of June 30,2026 <br /> ("ORIGINAL AGREEMENT"). The parties have determined that it is appropriate to enter into a new <br /> agreement rather than extending the ORIGINAL AGREEMENT,in part because the ORIGINAL AGREEMENT <br /> governed separate ALAMEDA CTC funds which will be distributed for many years after the deadline for <br /> Page 1 of 7 <br />