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07
City of Pleasanton
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CITY CLERK
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2009
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07
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8/26/2009 1:37:10 PM
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CITY CLERK
CITY CLERK - TYPE
STAFF REPORTS
DOCUMENT DATE
9/1/2009
DESTRUCT DATE
15 Y
DOCUMENT NO
07
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BACKGROUND <br /> The Tri- Valley area consists of several communities in southern Contra Costa County <br /> and eastern Alameda County that experience many inter related transportation <br /> problems. In 1995, the Tri Valley Transportation Council (TVTC) adopted the "Tri <br /> Valley Transportation Plan /Action Plan" for Routes of Regional Significance to address <br /> some of the more congested elements of the Tri Valley transportation network. The <br /> 1995 Action Plan listed 11 transportation projects as "high priority" for the region. <br /> In 1998, the TVTC jurisdictions of San Ramon, Dublin, Livermore, Pleasanton, Danville <br /> and the Counties of Alameda and Contra Costa, entered into a Joint Exercise of Powers <br /> Agreement (JEPA) to create the Tri Valley Transportation Development Fees (TVTDF) <br /> as a mechanism to partially fund the $763 million cost of these 11 high priority projects. <br /> Since its inception, the TVTDF collected have been used to help complete several of <br /> these high priority projects. However, the majority of these projects remain under- <br /> funded due to escalating construction costs and insufficient matching funds from state <br /> and federal governments. The remaining original 11 projects, which will be now be <br /> referred to as "List A" projects, currently have an estimated unfunded balance of $369 <br /> million. <br /> In recognition of these significant funding shortfalls, the TVTC authorized an update to <br /> its original Fee Nexus Study to determine the funding levels necessary to complete the <br /> remaining original "List A" projects and to help fund 11 new transportation <br /> improvements that have emerged from various Tri Valley transportation planning efforts <br /> over the last decade, referred to as "List B" projects. The new "List B" projects currently <br /> have an estimated unfunded balance of $1.1 billion. Projects on both lists are termed <br /> collectively the "TVTC Projects" and have a total estimated unfunded amount of $1.4 <br /> billion. <br /> DISCUSSION <br /> In 2008, the TVTC proposed a phased fee increase to address the funding shortfalls for <br /> priority transportation projects in the Tri Valley. Fee increases necessitate an <br /> amendment to the JEPA, an action which requires a unanimous vote of the TVTC and <br /> adoption by each of the seven member jurisdictions. The City of Pleasanton voted to <br /> defer implementation of the fee adjustment until such time as an updated Strategic <br /> Expenditure Plan (SEP) can be developed that provides assurance that List A projects <br /> have priority over List B projects. <br /> As a result, the TVTC has since elected to defer adoption of a revised fee program until <br /> such time that a SEP is completed. To date, the TVTC has retained the consulting <br /> services of Kimley -Horn and Associates (KHA) and has formed a sub committee <br /> structure to expedite the completion of the SEP update. <br /> In the meantime, the TVTC is requesting that its member jurisdiction support the <br /> approval of the following non controversial amendments and "housekeeping" updates to <br /> the JEPA: <br /> Page 2 of 4 <br />
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