CITY COUNCIL REGULAR MEETING AGENDA PACKET

Jason Moody and Megan Gregory September 24, 2024 Page 5 of 8 of this study. Thus, the Service Population added as a result of new growth will represent 22.7% of the total future Service Population. Costs Attributable to Pleasanton The next step in the nexus analysis is to determine the proportion of project costs attributable to the land uses within the City of Pleasanton. Land use growth to the buildout year was incorporated into the Pleasanton travel demand model and the model was applied to generate estimates of travel patterns and volumes in the future. A common modeling technique called a select zone analysis was applied to identify the amount of future traffic volume on each roadway link that would be generated by land uses in Pleasanton. On each model link that represents the location of a project, the future traffic volume attributable to Pleasanton was compared to the overall future traffic volume, thereby calculating the share of the usage of that link that can be attributed to land uses in Pleasanton. These usage percentages are shown in Attachment 1 in the column called Percent Pleasanton Trips, From Model. Following the same approach that was used in the 2018 TIF nexus study, if more than 70% of the usage of the facility was from Pleasanton, that indicates that the need for the improvement is predominantly due to Pleasanton-related travel so the entire cost of the project was considered to be included in the TIF program. This approach was used in recognition of the “lumpiness” of most transportation infrastructure (for example, it is not possible to build half of a left-turn lane or half of a traffic signal), and the consideration that if Pleasanton traffic was contributing more than 70% of the need for an improvement then it would be reasonable to conclude that the improvement would not be needed but for the growth in Pleasanton. If less than 70% of the usage was from Pleasanton, the percentage attributable to Pleasanton was used directly from the model. The result is shown in Attachment 1 in the column called Percent Pleasanton Trips, Adjusted. Note that these percentages have been newly calculated only for the 19 additional projects proposed to be included in the TIF program. For all of the projects that are remaining from the current TIF project list, the percentage of future traffic volume attributable to Pleasanton has not been re-calculated but is carried forward from the 2018 TIF nexus study. For projects that involve bicycle, pedestrian or safety enhancements, or those that are city-wide projects, the percentage attributable to Pleasanton is calculated based on current data about existing service population and projections of future growth. Per the growth projections described above, that value is 22.7%. Final Nexus Results For each project, the cost to be included in the TIF program was calculated as the estimated project cost multiplied by the eligibility factor (thus accounting for existing deficiencies and direct developer contributions) and then multiplied by the Percent Pleasanton Trips, Adjusted. As shown Page 121 of 893