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TVTC Strategic Expenditure Plan 2022 Update │ Appendix <br />Draft Final Report │ Adopted: April 29, 2022 <br /> <br />B -4. I -580/VASCO ROAD INTERCHANGE MODIFICATION <br />TVTC PROJECT SPONSOR <br />City of Livermore <br />LEAD AGENCY <br />Caltrans <br />PROJECT DESCRIPTION <br />(UPDATED SUMMER 2021) <br />Project B-4 is located at the <br />I-580/Vasco Road interchange in <br />Livermore. The project would modify <br />the interchange by widening the <br />overcrossing to eight lanes and reconstructing the ramps to achieve a modified partial cloverleaf <br />interchange design. <br />STATUS: <br />A PSR and programmatic environmental impact report (EIR) for right-of-way protection has been <br />completed. Right-of-way acquisition is underway. <br />PHASING AND SCHEDULE: <br />A PSR and programmatic environmental impact report (EIR) for right-of-way protection has been <br />completed. Right-of-way acquisition is underway. <br />COST ESTIMATE AND FUNDING SOURCES: <br /> <br />Cost (Millions) $85.65 <br />Funding (Millions) <br />Livermore TIF $67.66 <br />Measure BB $1.38 <br />TVTDF $8.57 <br />Total Funding (Millions) $77.61 <br />Total Funding Shortfall (Millions) $8.07 <br />