RES 00059 - Laserfiche WebLink

9. Update Action Plan SUBREGIONAL TRANSPORTATION IMPACT FEE In 1998, the member jurisdictions of the Tri-Valley Transportation Council entered into a ]oint Exercise of Powers Agreement GEPA) that established the Tri-Valley Transportation Development Fee, or TVTDF. The TVTDF comprises a set of uniform fees on new development within the Tri-Valley area. The use of the fee is guided by the TVTDF Strategic Expenditure Plan which outlines the priorities for the Tri-Valley area as agreed to by the seven TVTC member agencies. The SEP lists project costs for each of the 11 potential projects; estimates expected revenues from the TVTDF and other possible revenue sources for the projects; sets a prioritization plan and a timeline for project delivery; and identifies the TVTDF jurisdiction responsible for overseeing implementation of the project. The lis! of projects that the fee could fund includes: 1. 1-580/1-6S0 flyover and hook ramps 2. State Route 84 corridor improvements: 1-580 to 1-680, including the I-S80/State Route 84 (Isabel Parkway) interchange 3. 1-680 auxiliary lanes between Bollinger Canyon Road and Diablo Road 4. West Dublin-Pleasanron BART Station 5. 1-580 HOV lanes from Tassajara Road to Vasco Road 6. J-680 HOV lanes from State Route 84 to the top of the Sunol Grade 7. 1-58D/Foothill Road-San Ramon Road interchange modifications 8. 1-680/Alcosta Boulevard interchange 9. Crow Canyon Road safety improvements 10. Vasco Road safery improvements 11. Express bus service The current SEP allocates expected TVTDF fee revenues to only seven of these projects: 1) 1-580/1-680 flyover and hook ramps; 2) State Route 84 corridor improvements (hut not the 1-5S0/1sabel Parkway interchange); 3) the 1-680 auxiliary lanes between Bollinger Canyon Road and Diablo Road; 4) the West DubIin-Pleasanton BART Station; 5) the 1-580 HOV lanes from Tassajara Road to Vasco Road; 6) the I-S8DIFoothill Road-San Ramon Road interchange modifications; and 7) the I-680/AJcosta Boulevard interchange. In addition, a portion of the $4.0 million committed to the West DPX BART Station could be used for purchasing buses to be used for express service provided that all of the operating costs are fully funded. Of the pro.ieets with TVTDF funding currently allocated to them, the 1-580/1-680 flyover is the number one priority. Funds are committed to only .f.9m-'of these projects 0, 2, 5 and Rn. Many of the funds generated will be used initially for studies necessary to define the '----- ..... d h b,en committed to 6 projects, include 6) and ~ Fun save - 18 April 2000 Page 67