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Page 3 of 5 eligibility is voluntary, it will be beneficial for the City to have access to these funds to the extent possible, particularly as the City’s local funds are more constrained, and, with other jurisdictions also facing budget challenges, likely increased competition for County and regional funds. Regional Measure 3/Funding for Valley Link In addition to future OBAG 4 funding eligibility, MTC-ABAG has determined that, in the near term, allocation of regional funding, specifically funding under RM-3 for new/future major transit stations part of the regional transportation network, should also be tied to commitments around progressive compliance to the TOC Policy. The new Valley Link intermodal connection/station at the east Dublin/ Pleasanton BART station in Pleasanton is one such station. MTC-ABAG has provided notification that an indication of commitment toward TOC Policy Compliance will need to be made by Pleasanton, Dublin and Livermore to support the next requested round of Valley Link RM-3 funding in 2025. (Dublin and Pleasanton “share” the east Dublin/Pleasanton intermodal station, and Livermore will have Valley Link stations in the Isabel neighborhood and Southfront Road). Dublin/Pleasanton BART Station Site Redevelopment The east Dublin/Pleasanton BART station has been included as a potential housing site in the City’s Housing Element since 2012. AB 2923, signed into law in 2018, establishes certain minimum densities and other standards for BART-owned properties to encourage housing on these sites, and BART’s policies strongly support the re-development of these properties for housing and more intensive mixed-use development. The 6th Cycle Housing Element continues to designate the east Dublin/Pleasanton BART Station as a housing site, and the City has committed to taking concrete steps - as a Housing Element program - to advance redevelopment of the 14.9-acre station property. Accordingly, in 2024, the City applied for and was awarded a $250,000 planning grant under MTC-ABAG’s Priority Sites program, to help fund development of a concept plan and other efforts toward this goal, in partnership with BART. Strategies and programs to effectively address parking management and multi-modal access for the half-mile radius around the BART station will be critical to the success of the project and also dovetails with several of the TOC Policy’s objectives. Transit-Oriented Communities Planning and Implementation Grant Funds In light of the above-referenced programs and planning efforts, the City applied for two MTC- ABAG Technical Assistance planning grants, intended to support cities moving toward compliance with the TOC Policy. The grants, each for $150,000 will specifically support development of parking management and station access plans in the vicinity of the east Dublin-Pleasanton BART station. One of the stipulations of receiving the grants awarded by MTC-ABAG is to affirm intent to take steps toward compliance of the TOC Policy, through adoption of a resolution of local support. Attachment 1 includes the draft resolution, with its content following a template provided by MTC-ABAG. DISCUSSION TOC Policy Outline and Compliance Within Pleasanton, the TOC policy conceptually applies to areas within one half-mile of the two BART stations and the ACE train station, with the stations classified into tiers based on transit Page 143 of 682