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Alameda CTC Agreement No. A26-00XX <br />Page 4 of 9 <br />2026 MPFA <br /> <br /> <br /> <br /> <br />and the San Francisco Bay Area Rapid Transit in meeting its responsibilities under the American with <br />Disabilities Act (ADA). <br /> <br />4. Measure BB DLD funds may be further distributed to individual cities within each planning <br />area based on a formula refined by PAPCO and approved by the COMMISSION. RECIPIENT’s allocations are <br />subject to change based on updated annual population figures. <br /> <br />5. The Paratransit Program Implementation Guidelines provide program eligibility and fund <br />usage guidelines, definitions, additional requirements, and guideline adoption details. Said guidelines are <br />hereby incorporated into this AGREEMENT by reference. <br /> <br /> <br />ARTICLE II: PAYMENTS AND EXPENDITURES <br /> <br />A. ALAMEDA CTC’S DUTIES AND OBLIGATIONS <br /> <br />1. Within five working days of actual receipt of the monthly Measure BB sales tax revenues and <br />VRF revenues from the California Department of Tax and Fee Administration, the bond trustee, or the <br />California Department of Motor Vehicles, Alameda CTC shall remit to the RECIPIENT its designated amount <br />of available DLD funds disbursed on a monthly basis by the formulas described above. <br /> <br />2. ALAMEDA CTC shall annually update Measure BB and VRF fund revenue projections and <br />the resulting fund allocation formulas to reflect the most current population using the California Department <br />of Finance’s annual population estimates (Report E-1 published in May); maintained road mileage from the <br />California Department of Transportation; and the number of registered vehicles in each Alameda County <br />subarea, using registered vehicle data provided by the California Department of Motor Vehicles, as it is made <br />available. ALAMEDA CTC shall use the updated Measure BB and VRF program allocation formulas in the <br />allocations beginning July 1 of each new fiscal year, which is from July 1 to June 30. <br /> <br />3. ALAMEDA CTC shall report monthly to the public the amount of Measure BB, and VRF <br />revenues distributed to RECIPIENT by each fund type monthly and for the fiscal year. <br /> <br />4. ALAMEDA CTC shall provide for an independent annual audit of its financial statements <br />including revenues and expenditures and its calculation of the allocation formula for distributing Measure BB <br />and VRF revenues to the various recipients, and render an annual report to the COMMISSION within 180 days <br />following the close of the fiscal year. <br /> <br />5. ALAMEDA CTC shall provide timely notice to RECIPIENT prior to conducting an audit of <br />expenditures made by RECIPIENT to determine whether such expenditures are in compliance with this <br />AGREEMENT, Measure BB Expenditure Plan, or the VRF Expenditure Plan. <br />Page 64 of 846