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A-2011-201 <br />1 MASTER FUNDING AGREEMENT NO. C-1-2783 <br />2 BETWEEN <br />3 ORANGE COUNTY TRANSPORTATION AUTHORITY <br />4 AND <br />5 CITY OF SANTA ANA <br />1 6 <br />FOR <br />7 M2 COMPREHENSIVE TRANSPORTATION FUNDING PROGRAMS <br />8 THIS AGREEMENT is effective this 10dayof e Qfby) 2011, by and <br />9 between the Orange County Transportation Authority, 550 South Main Street, P.O. Box 14184, Orange, <br />10 California 92863-1584, a public corporation of the State of California (hereinafter referred to as <br />11 "AUTHORITY"), and the City of Santa Ana, 20 Civic Center Plaza, M-21, Santa Ana, CA 92702, a <br />12 municipal corporation (hereinafter referred to as "AGENCY"). <br />13 RECITALS: <br />14 WHEREAS, Voters approved Renewed Measure M (M2) on November 7, 2006; and <br />15 WHEREAS, Orange County Local Transportation Authority Ordinance No. 3 outlines the M2 <br />16 Transportation Ordinance and Investment Plan to fund transportation facility and service improvement <br />17 programs for a period of thirty years commencing on April 1, 2011; and <br />18 WHEREAS, AUTHORITY and AGENCY agree that M2 funding is subject to AGENCY fulfilling <br />19 M2 eligibility requirements; and <br />20 WHEREAS, AUTHORITY's Board of Directors approved the Renewed Measure M Eligibility <br />21 Guidelines - Local Agency Preparation Manual on January 25, 2010 and subsequent amendments on <br />22 March 14, 2011 and April 11, 2011; and <br />23 WHEREAS, AUTHORITY's Board of Directors approved the Comprehensive Transportation <br />24 Funding Programs (CTFP) Guidelines on March 22, 2010; and <br />25 WHEREAS, AUTHORITY will periodically update the Renewed Measure M2 Eligibility <br />26 Guidelines - Local Agency Preparation Manual and the CTFP Guidelines whereby the most recent <br />Page 1 of 10 <br />LACammWlarvin\Cooperative Agreements\CTFP Master Funding Agreement\Agreements\C-1-2783 City of Santa Ana.docx <br />