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TVTC 2009 Strategic Expenditure Plan Update <br /> Updated Project Descriptions August 4, 2009 <br /> B -5. I -580 /Greenville Road Interchange Modification <br /> .-i, I P TVTC Lead Sponsor: <br /> s- Ste, i <br /> 4• q City of Livermore <br /> Lead Agency: <br /> 4 Caltrans <br /> Project Description: <br /> This project will modify the I- 580 /Greenville <br /> A Road interchange, including widening the <br /> undercrossing to provide six lanes, and <br /> reconstructing the ramps to achieve a modified <br /> l� partial cloverlea f <br /> inte d The pro- <br /> .ti ject would also construct segments of auxiliary <br /> 1 ;4, lanes in the vicinity of the interchange. <br /> l p Status <br /> q a r i'i I 1 A Project Study Report has been completed. A <br /> 1- 1 1 programmatic environmental impact report for <br /> i 1 right -of -way protection has been completed. <br /> Ii i Right -of -way acquisition is underway. <br /> t: <br /> ijs eN Phasing and Schedule <br /> sue` <br /> 6 Project Phasing and Schedule is unavailable <br /> n <br /> Cost Estimates and Funding s g Sources: <br /> Cost (Millions, 2009) $38.00 <br /> Funding (Millions, 2009) <br /> Livermore TIF $29.64 <br /> Total Funding (Millions, 2009) $29.64 <br /> Funding Shortfall (Millions, 2009) $8.36 <br /> Local funding is provided through the City of Livermore Traffic Impact Fee program. Funding <br /> shortfall represents the proportion of project cost related to forecast regional traffic using the <br /> interchange. <br /> Kimley -Horn and Associates, Inc. Page 23 <br />