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TVTC Strategic Expenditure Plan 2022 Update │ Appendix <br />Draft Final Report │ Adopted: April 29, 2022 <br /> <br />C-13. FALLON/EL CHARRO INTERCHANGE IMPROVEMENTS <br />TVTC PROJECT SPONSOR <br />City of Pleasanton, City of Dublin, City of <br />Livermore <br />LEAD AGENCY <br />City of Pleasanton, City of Dublin, City of <br />Livermore <br />PROJECT DESCRIPTION (UPDATED <br />SUMMER 2021) <br />I-580/El Charro Road Interchange <br />Improvements (Phase 2): reconstruction of <br />overcrossing to provide four-lanes in each <br />direction with bike lanes; reconstruction of <br />the southbound to eastbound loop on-ramp; widening of the eastbound off-ramp to provide two exit lanes <br />with two left turn and two right tum lanes; widening of the eastbound on-ramp; widening of the westbound <br />off-ramp to provide two left tum and two right tum lanes; and widening of the westbound on-ramp. <br />STATUS <br />The project is currently not yet started. <br />PHASING AND SCHEDULE <br />The phasing and schedule for this project have not been defined. <br />COST AND FUNDING SOURCES <br />Cost (Millions) $34.51 <br />Funding (Millions) <br />Dublin TIF $4.05 <br />Pleasanton TIF $4.10 <br />Livermore TIF $6.40 <br />TVTDF $3.45 <br />Total Funding (Millions) $18.00 <br />Total Funding Shortfall (Millions) $16.51 <br />