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THE CITY OF 11 - -=' CITY COUNCIL AGENDA REPORT PL S TONa April 19, 2011 Community Development Traffic Engineering Division TITLE: REVIEW THE TRI- VALLEY TRANSPORTATION COUNCIL STRATEGIC EXPENDITURE PLAN AND ADOPT A RESOLUTION UPDATING THE TRI- VALLEY TRANSPORTATION DEVELOPMENT FEE SUMMARY The Tri- Valley Transportation Council (TVTC) has completed the Strategic Expenditure Plan (SEP), which includes the identification of project priority and future funding of TVTC projects. The Pleasanton City Council requested the completion of the Strategic Expenditure Plan prior to adoption of the updated Tri - Valley Transportation Development (TVTD) Fee. The Strategic Expenditure Plan is based on an increase of the TVTD Fee to 35% of the maximum allowable fee. The fee structure contains a phased increase, with the first increase occurring on January 1, 2012, and the final increase occurring on January 1, 2013. RECOMMENDATION Review the Strategic Expenditure Plan and updated TVTD Fee and approve the resolution to adopt the 2011 SEP and the TVTD Fee Schedule. FINANCIAL STATEMENT The Strategic Expenditure Plan will not have a financial impact to the City of Pleasanton, but includes regional funding priorities and funding programming of the TVTD Fee, which could impact future Tri - Valley projects and expenditures. The Tri - Valley Transportation Fee is collected for every development project in the City of Pleasanton. These fees go directly into the Tri - Valley Traffic Fee account for use on the identified projects. The TVTD Fee Update will increase the fees collected on all types of developments. These increases, while resulting in a fee that is only 35% of the maximum allowable fee identified in the Nexus Study, will increase the TVTD Fee between 60% to 116% of the current fee.