Treasure Island Transportation Revenues Sample Clauses

Treasure Island Transportation Revenues. City acknowledges that pursuant to the Treasure Island Transportation Management Act (Stats. 2008, Chapt. 317) (the “Transportation Act”), the State legislature has authorized the formation of the Treasure Island Transportation Management Agency (“TITMA”) to adopt and administer the Transportation Program on Treasure Island and Yerba Buena Island, including the congestion pricing and parking programs. The Act enables the Board of Supervisors to delegate to TITMA exclusive power to administer and collect all “non-transit” revenues generated by the Transportation Program (revenues excepting transit fares and purchase of transit passes, advertising revenues on facilities and vehicles maintained by the transit agencies, and other revenues directly generated in conjunction with the operation of transit services), and provides that no ordinance, charter provision, or other provision of local law purporting to impose any similar revenue measure, whether now existing or enacted in the future shall apply to Treasure Island or the Transportation Program. In compliance with the Transportation Act, the City acknowledges that upon formation of TITMA by the Board of Supervisors and the setting of the initial congestion pricing fees as authorized under Section 1967.5 of the Transportation Act, the City and its departments, boards, and commissions are prohibited from exercising the exclusive powers delegated by the Board of Supervisors to TITMA in accordance with the Transportation Act with respect to Treasure Island and the Transportation Program. The Parties anticipate that the “non-transit” revenues generated from the Transportation Program will be paid directly to the TITMA, which will enter into agreements as needed with the San Francisco Municipal Transportation Agency and other City departments, as needed to implement the Transportation Program. If other City departments other than TITMA receive “non-transit” revenues directly from the Transportation Program (such as parking revenues), City shall cause all such revenues to be paid promptly to the TITMA for implementation of the Transportation Program except as may otherwise be agreed between the City department and the TITMA.
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Treasure Island Transportation Revenues. City acknowledges that pursuant to the Treasure Island Transportation Management Act (Stats. 2008, Chapt. 317), the State legislature has authorized the formation of the Treasure Island Transportation Management Agency to adopt and administer the Transportation Program on Treasure Island and Yerba Buena Island, including the congestion pricing and parking programs. The Act provides TITMA with exclusive power to administer and collect all revenues generated by the Transportation Program, and provides that no ordinance, charter provision, or other provision of local law purporting to impose any similar revenue measure, whether now existing or enacted in the future shall apply to Treasure Island or the Transportation Program. In compliance with the Transportation Management Act, the City acknowledges that upon formation of the TITMA by the Board of Supervisors and the setting of initial congestion pricing fees as authorized under Section 1967.5 of the Transportation Act, the City and its departments, boards, and commissions are prohibited from exercising the exclusive powers reserved to TITMA with respect to Treasure Island and the Transportation Program. To the extent that revenues generated from the Transportation Program are received by City, City shall cause all such revenues to be paid promptly to the Transportation Management Agency for implementation of the Transportation Program.
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Related to Treasure Island Transportation Revenues

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