TRI VALLEY TRANSPORTATION DEVELOPMENT FEES TRAFFIC MITIGATION JPA

JOIN3 Tri-Valley Tr: This JOINT EXEI into this 22nd da) Code §6502 by ar political subdivisi{ CITY OF SAN Rd existing under the ("Danville"), a mu the State of Califc with Contra Cosu politic of the Stat, corporation duly ~ CITY OF LIVEPO existing under the ("Pleasanton", tog, corporation duly { The Cities and Cc This Agreement is io Bo Tri-Valley Costa Corn Livermore ' and portim Developme Impact of that by the additional jobs. The 1 as well as a the quality the Tri-Val by off-site: Joint Exercise of Pow, TVTD Fees for Traffi EXERCISE OF POWERS AGREEMENT nsportation Development Fees for Traffic Mitigation £ISE OF POWERS AGREEMENT (the "Agreement") is entered of April, 1998 (the "Effective Date") pursuant to Government d among the COUNTY OF CONTRA COSTA ("Contra Costa"), a ~n and body corporate and politic of the State of California; the MON ("San Ramon"), a municipal corporation duly organized and laws of the State of California; and the TOWN OF DANVILLE nicipal corporation duly organized and existing under the laws of rnia; the COUNTY OF ALAMEDA ("Alameda County", together , the "Counties"), political subdivision and body corporate and : of California; the CITY OF DUBLIN ("Dublin"), a municipal ,rganized and existing under the laws of the State of California; the lORE ("Livermore"), a municipal corporation duly organized and laws of the State of California; the CITY OF PLEASANTON :ther with the other cities and town, the "Cities"), a municipal ,rganized and existing under the laws of the State of California. unties may be referred to collectively as the "Parties." RECITALS based on the following facts and circumstances: Development Area. There exists in Alameda County and Contra tty a geographical area comprising the San Ramon Valley, /alley and Amador Valley. This Tri-Valley area contains the Cities .s of the Counties. The approximate boundaries of the Tri-Valley at Area are shown on the map attached as Exhibit A. Development. The Association of Bay Area Governments forecasts year 2020 the Tri-Valley Development Area will contain an [57,000 new residents, 58,000 new households and 121,000 new raffic impact from these new residential units and commercial uses, ]ditional development beyond the year 2020, will adversely affect of life for the existing residents of the Cities and Counties within ~ey Development Area unless those regional impacts are mitigated treet improvements. :rs Agreement : Mitigation Page 1 of 21 June 2, 1998