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Livermore Amador Valley Transit Authority Finance and Administration Committee Meeting Agenda 2026-05-26

LAVTA to Accept I-580 Toll Funds for Transit

$4,000,000Livermore-Amador Valley Transit AuthorityALAMEDA COUNTY TRANSPORTATION COMMISSIONMay 26, 2026

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Description

LAVTA plans to enter a funding agreement with the Alameda County Transportation Commission to accept $4,000,000 in Interstate 580 Net Toll Revenue Funds for emergency transit operations in FY 2026-27 and 2027-28. The Finance and Administration Committee is asked to forward Resolution 20-2026 authorizing the Executive Director to execute this agreement.

Contract Details

Contract Amount

$4,000,000

Vendor

ALAMEDA COUNTY TRANSPORTATION COMMISSION

Agency

Livermore-Amador Valley Transit Authority, CA

Contract Type

FINANCIAL_SERVICES

Document Date

May 26, 2026

Contract Term

Fiscal Years 2026-27 and 2027-28

Renewal Date

2028-06-30

Renewal Info

Two-year funding agreement covering FY 2026-27 and 2027-28; no renewal terms are specified in the agenda.

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