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L <br />portation Corridor and desire to impose such a fee pursuant <br />to Government Code Section 66484.3 in order to finance the <br />planning, acquisition and construction of major thoroughfares <br />and bridges in the San Joaquin Hills Transportation Corridor. <br />The parties hereto have the common power to conduct such <br />transportation planning, .financing and construction. <br />C. It has been determined by the parties hereto that <br />it is in the best interests of the respective parties to join <br />together to administer the funds provided by these fee pro- <br />grams, and to plan, acquire and construct said thoroughfares <br />and bridges. <br />D. Each of the parties is authorized to contract with <br />each other for the joint exercise of any common power under <br />Article 1, Chapter 5, Division 7, Title 1 of the Government <br />Code of the State of California. <br />E. The parties hereto recognize that, in order to <br />serve the purposes stated herein, the imposition of fees in <br />excess of the above - described fees should not be required or <br />recommended as a condition to any annexation, incorporation <br />or other reorganization involving territory claimed or con- <br />trolled by the parties hereto. <br />F. The parties hereto recognize that, in order to <br />serve the purposes stated herein, additional funding other <br />than that received from the above - described fees must be <br />obtained. Each party has agreed to cooperate in obtaining <br />additional financing, including, but not limited to, debt <br />-2- <br />