AgdaPkt 2009-01-12 clsd and reg - Laserfiche WebLink

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4. The Transportation Authority is charged with' a (i(iticiaxy.4.uty in: ad~~x1:ng .t~~ .ta.>:<..p~c;:.ee.Q.$.m ~c~p.f4a.n.~...wj~'l. tb.~:'a.:.pl?-Ucap~~ laws .~~r~It~4_~~~Yf.~~.,~y ~~~-:I~B~~t..'~...;tlj..~~~~ptY.ul,l....$.';~~'~."'..."" ,Q ...::a~ijo;n.;:m). .ding,: bU:t..rtbt.1:~:t'd.t......th. .... i\.,..t....... . . ..;.~..;.....6.... c." ~ 't.' t ...... t ~.-~;-CT ..... . . .::.. ..~:l:I:f.}.~.. ...t.Y/', . .~..ng.4.'. .t(U,.e.q~'I;t.re.lpl~.;S o. ~xe.q1.:~ ~;~."~~Q. . agre'einen~' atl(fthe-right .to' aUdif'redplents'use' dtthe"t~ proceeds. . E. Actual'. tax- ptoceeCis may. be li.ighei'.o~.lo'Wer than ~stinlated in. this' Transp.ormtion. ~p~dft:~e. p~ .6ver' the ;S.ye~. .term. This . Transportation ~~di~e Plan is based Oll..tli.e percentage..distributions. to each Program Category and Project and the dollar values included are. . . estimates only. A~~. tax proceeds will be programmed annually. in accordance with the pere:entage distributions in this Transportation Expenditure Plan. . , F. The Transportation Authority will prepare a. Strategic, Plan prior to Janu.~.ry 1, 2009, whic~ will identify funding pr~oritization criteria consistent with the goals and objectives of the CountYwide Transportation Plan and this Transportation Expenditure Plan. The Strategic Plan will include general procedures for project sponsors to initiate a project and identify an implementation schedule and the programming offunds for each listed project. Criteria will include pri9rity for trallSportation projects "V\Thich support trallsit-oriented developnlent. For those projects which include a list of Candidate Projects (the County-wide Supplemental Project under the Highway Program Category, the Grade Separation Program Category, and the Pedestrian and Bicycle Program Category), the Strategic Plan will also include the evaluation criteria and prioritization for selection of Candidate Projects. Once a Candidate Project is selected, it will become a listed project in the Strategic Plan. Lastly, the Strategic Plan will include the evaluation criteria for reallociftion of tax proceeds..that become available pursuant to Section VI.G below. The Strategic Plan will be updated at least every five years during the term of the Measure. G. The ability to fully fund or complete all programs or projects in this Transportation Expenditure Plan may be impacted by changing circumstances over the duration of the tax. Tax proceeds originally allocated to a listed project may becon1e a\Tailable for reallocation due to any of the followirlg reasons: 1. a listed project is completed wlder budgeti '. 6.18 .page 25 TRANS ..19 34