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7.1 .A. - Page 3 <br /> FUNDING AGREEMENT <br /> FISCAL YEARS 2013 AND 2014 <br /> SAN MATEO COUNTY NEW MEASL7RE A SHUTTLE PROGRAM FUNDS <br /> CITY OF REDWOOD CITY <br /> This FLTNDING AGREEMENT ("AgreemenY') is made this day of , 201_,by and <br /> between the SAN MATEO COUNTY TRANSPORTATION AUTHORITY("TA")and the CITY <br /> OF REDWOOD CITY("SPONSOR"), together referred to herein as the"Parties." <br /> RECITALS <br /> WHEI2EAS,on November 2,2004, the voters of San Mateo County approved the continuation <br /> of the collection and distribution by the TA of the Measm�e A half cent transaction an�use tas <br /> for an additiona125 years to unplement the 2004 Transportation Expenditure Plan, beginning <br /> Januaty 1,2009 ("New Measure A"); and <br /> WFIEREAS, SPONSOR submitted applications requesting a total of$241,811 ($1 I7,957 for <br /> Fiscal Year 2013 and$123,854 for Fiscal Year 2014) in New Measure A funds far the <br /> implementation of Climate Best Express Shuttle and Midpoint Caltrain Shuttle ("ProjecY') as <br /> described in Exhibit A.1 and A.2, "Route Description(s) and Information," which is attached to <br /> the Agreement and incorparated herein by this reference; and <br /> WHEREAS,the Project meets the intent of the 2004 Transportation Expenditure Plan and the <br /> TA's 2009-2013 Strategic Plan; and <br /> WHEREAS,on June 7, 2012, the TA's Board of Directars programmed and allocated from the <br /> New Measure A I,ocal Shuttle Program category for the Project: $53,617 for FY2013 and <br /> $56,297 for FY 2014 for the Climate Best Express Shuttle; $64,340 for FY2013 and$67,557 for <br /> FY2014 for the Midpoint Caltrain Shuttle flu�ough Resolution 2012-13; and <br /> WH�REAS, the TA and SPONSOR desire to adopt this Agreement to establish the process, <br /> terms and conditions governing the allocation and expenditure of New Measure A funds on the <br /> Project. <br /> Now therefore,the Parties agree as follows: <br /> SECTION 1: Project Oversight and Reporting <br /> 1.1 SPONSOR Oversieht; Work Plan. SPONSOR shall be the lead agency responsible I <br /> for [and sha11 oversee] the unplementation of the Project. SPONSOR shall assume , <br /> responsibility for administeiing any professional service and/or other contracts entered ' <br /> 1 <br /> San Mateo County Transportation Authority!City of Redwood City � , <br /> Climate Best Expxess,Midpoiut Calfrain Shuttles � <br /> Decembei'17,2012 version boile�plate <br /> � 4797083.1 <br /> ATTY/AGR2013.214/SAN MATEO COUNN�TRANSPORTATION AUTHORITY Page 1 of 20 . <br /> REV: 11-04-13 VR <br />