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INTERGOVERNMENTAL AGREEMENT — BIKE SI�IARE PROJECT <br /> Table 2: Financial Commitroent for Each Pa <br /> Addltional Party <br /> Implementlng Tofal Participating Progrem Progrem Matching Funds <br /> Partles ConVlbuUOn Development ImplementaGon (Nonparticipadng <br /> StaMn Costs <br /> BAAqMD $ 1,310,400 See Ta61e 1 <br /> SFMTA $ 401,250 $ 270,308 $ 730,942 $ 281,250 <br /> VTA $ 400,000 $ 268,466 $ 130,534 $ 100,000 <br /> SAMTRANS $ 80,000 $ 53,893 $ 28,107 $ 25,000 <br /> The total amount that the Pazties shall be obligated to commit to this Project shall not exceed <br /> those amounu set forth in Table 2 above. <br /> 5. Term. This agreement will become effective upon execution by all parties and will continue in <br /> effect to the conclusion of the Project, anticipated to be September 30, 2013. <br /> 6. Steerine Committee. The parties agree to work together through a Steering Committee that will <br /> make Project policy decisions, coordinate the activities of the parties, and otherwise ensure the _ <br /> completion of the Project. <br /> 6.1. Desienated Reoresentatives and Alternates <br /> 6.1.1. The Steering Committee will consist of one designated representative from each <br /> of the following parties: the Air District, SFMTA, VTA, and SAMTRANS. Each <br /> party with a designated representative will have the right to change its designated <br /> representative upon five (5) days written notice to the parties. <br /> 6.1.2. The designazed representative from SAMTRANS shall represent the collective <br /> interests of the San Mateo County parties (SAMTRANS, the County of San <br /> Mateo, and Redwood City) and, in voting on matters decided by the Steering <br /> Committee, shall be bound by a majority decision of these tivee parties. <br /> 6.13. At its sole discretion each party with a designated representative on the Steering <br /> Committee shall appoint an altemate that will have full voting rights as the <br /> representative. <br /> 6.2. Administration <br /> 6.2.1. The Steering Committee shall hold such meetings as it deems necessary, which <br /> may be called at any reasonable time by any designated representative. Meetings <br /> may be in person, by teleconference or a combination. My party may attend a <br /> meeting, but decisions shall be made by designated representatives or their <br /> altemates in accordance with Section 63. <br /> 6.2.2. A pazty shall convey all communicarions and dceumenu intended for the <br /> Steering Committee tivough that party's designated representative. <br /> 6.23. The Steering Committee shall convey all comm�mications and documents <br /> intended for a party to that party's designated representative. <br /> 63. Meetines and Decision-Making. A Steering Corrunittee meeting or teleconference cannot <br /> be held unless a majority of the designated representatives (or alternates in their absence) <br /> aze present or available by telephone. The goal of the Steering Committee will be to <br /> reach decisions by consensus, r.e. a unanimous vote of all designated representatives, <br /> with each of the fow designated representadves being entitled to one vote. M absent <br /> designated representative may vote by giving a written proxy to another designated <br /> representative. The Steering Committee shall endeavor in good faith to reach consensus <br /> in resolving all matters. However, if a pending decision has been discussed at two <br /> Page 4 of 12 <br />