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B. The parties to this Agreement have territory within <br />or related to those areas known as the Foothill and Eastern <br />Transportation Corridors and desire to impose such a fee <br />pursuant to Government Code Section 66484.3 in order to <br />finance the planning, acquisition and construction of major <br />thoroughfares and bridges in the Foothill and Eastern Trans- <br />portation Corridors. The parties hereto have the common <br />power to conduct such transportation planning, financing and <br />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 />-2- <br />