Laserfiche WebLink
any funds remain in the Bernal Interchange Account. such funds shall be distributed to Property <br /> Owner. <br /> (b) Bernal Bridge. Bemal Bridge improvements shall be undertaken in <br /> accordance with the Initial Project Approvals and the provisions of this Section 3.6(b). Subject <br /> to the reimbursement provisions of Section 3.6(c) below, Property Owner shall be obligated to <br /> fund its share of the new Bernal Bridge and associated abutment work under the existing bridge <br /> as follows: <br /> (i) 50% of the construction costs for removal of and/or modification <br /> to the abutments associated with the existing bridge. not to exceed $50,000. <br /> (ii) 50% of the construction costs of the new bridge, not to exceed <br /> $700,000. <br /> (c) The City Engineer shall prepare a written itemized determination of the <br /> new bridge and abutment removal costs, based upon construction bid amounts, and provide such <br /> determination to the Property Owner. Funding shall be on a work completed, as- invoiced basis <br /> with payment due within forty -five (45) days of Property Owner's receipt of each invoice. In no <br /> event shall any payment be due until annexation has occurred. <br /> City shall have sole responsibility for securing all nececcary approvals and <br /> permits, including those of third parties, and designing and constructing the bridge and abutment <br /> work. Prior to conveyance of the Public Parcel, if the City requests access to the Public Parcel to <br /> accommodate the design of the bridge and abutment work, Property Owner shall not <br /> unreasonably withhold issuance of permits or licenses necessary for the City to initiate such <br /> construction work. When City is ready to commence construction of the bridge and/or abutment <br /> work, City shall notify Property Owner in writing and Property Owner shall, within thirty (30) <br /> days of Property Owner's receipt of City's notice, convey to City, subject to the reservations set <br /> forth in Section 3.3(d) above, that portion of the Public Parcel that is reasonably necessary to <br /> permit City to construct the bridge and abutment work. <br /> (d) Bernal Avenue Improvements. Property Owner shall be responsible for <br /> constructing improvements to Bernal Avenue in accordance with Condition 45 and Exhibit 15 of <br /> the PUD. <br /> 3.7 Regional Transportation Fee. Subject to the Fee Cap Term, the Project shall be <br /> subject to payment of the Tri- Valley Transportation Development Fee (TVTDF) as such fee has <br /> been adopted by the Tri- Valley Transportation Council (TVTC) and shalt pay the amount of such <br /> Fee in accordance with City of Pleasanton Resolution No. 98 -90. The scope of' the TVTDF <br /> improvements shall be based on the list of "Transportation Improvement Projects" identified in <br /> Section 8 of the Joint Exercise of Powers Agreement between the County of Contra Costa, the <br /> City of San Ramon, the Town of Danville, the County of Alameda, the City of Dublin, the City <br /> of Livermore and the City of Pleasanton. <br /> 3.8 Water Supply. City shall, for the purpose of meeting the Project demands, from <br /> the water supply available to the City, reserve for the buildout of the Project and serve the <br /> Project with potable water, in accordance with the provisions of the Initial Project Approvals. <br /> 356901849375v14 16 0825/00 <br />