Laserfiche WebLink
<br />4. The Transportation Authority is charged V\rith' a #dticiary. quty in: <br />ad~~~t~r,ing#1.e .tax.pr.o~~~4s. in.. ~csp.rd+=ln.<;~...w~th th~:'?:l'l?~icqpl~ la,ws <br /> <br />....iiill'i!!![~!~wi~lff{!I!!~1fy... .... <br /> <br />. agreelhents:all<f"the'righ}t() audlfredpl~nts'tise' dfthe"fax 'prod~eds.' <br /> <br />. . <br /> <br />E. Actual. ta:x ptb.ceecls may b~ higher"cr.lowel" than estiUlated lll. this' <br />Transp.ortatio.n. Expen,d,iture. Plan6ver' the 25...y~ar' ten:i1.. This . <br />Transportation 'ExpeJ;tditure pian is based Oli..the percentag'e"distributions. <br />to each Progranl Category and Project and the dollar values included are. <br />estimates only. Actual.. tax proceeds will be program.n1ed annually in <br />accordance with the percentage distributions in this Transportation <br />Expenditure Plan. <br /> <br />F. The Transportation Au.thority will prepare a. Strategic. Plan prior to <br />January 1, 2009, Y\Thich will identify funding prioritization criteria <br />consistent vvith the goals and objectives of the Countywide Transportation <br />Plan and this Transportation Expenditure Plan. The Strategic Plan will <br />include general procedures for project sponsors to initiate a project and <br />identify an inlplenlentation schedule and the progranm1ing of-funds for <br />each listed project'. Criteria will include priority for transportation <br />projects v\Tllich su.pport transit-oriented developll1ent. For those projects <br />which include a list of Candidate Projects (the County-wide Supplenlental <br />Project under the Highway Program Category, the Grade Separation <br />Progran1 Categ.ory, and the Pedestrian and Bicycle Program Category), the <br />Strategic Plan ""ill also include the evaluation criteria and prioritization <br />for selection of Candidate Projects. Once a Candidate Project is selected, it <br />v\ri11 beCOll1€ a listed project in the Strategic Plan. Lastly, the 5tra tegic Plan <br />,,,,,ill include the evaluation criteria fOT reaUocatiol1 of tax proceeds.that <br />beco111e available pursuant to Section VI.G belovv. The Strategic Plan will <br />be updated at least every five years during the tenn of the Measure. <br /> <br />G. The ability to fully fund or cOlnplete all progralTIS or projects in this <br />Transportation Expenditure Plan ll1ay be inlpacted by changing <br />circUDlstances over the duration of the tax. Tax proceeds originally <br />allocated to a listed project ll1ay becon1e available for reallocation due to <br />any of the follo\'\rin.g reasons: <br /> <br />1. a listed project is cOlnpJeted under budget; <br /> <br />TRANS.. 19 <br /> <br />34 <br />