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Mayor Thorne closed the public hearing and asked Mr. Dau to respond to the public's questions. Mr. Dau explained that the current tax sunsets in 2022. If not extended, Measure B funds for local streets and roads, paratransit, LAVTA operations and AC Transit would cease. He reiterated the need to look beyond today in order to accommodate future population increases as well as how changes in state and federal funding have impacted transit funding. He said that without this tax, the county's roadways, port infrastructure, and freeways would go unkept. To Ms. Jones' comments, he said there is no contingency plan if the measure should fail. With regards to the set of project supported by the plan, he said this is ultimately approved by the voters. ACTC's role is simply to allocate funding through its strategic planning process that have the greatest likelihood of being completed. Councilmember Narum asked him to describe the plan's reference to a Downtown Dublin/Dublin TOD. Mr. Dau explained that land use is one of the best transportation investments available and referred to the Workday project as an example. He explained that the plan's investment in community development projects like the Dublin TOD is aimed at providing the transportation infrastructure to support and encourage the physical development. Mayor Thorne requested confirmation that the city would receive no funding if it chose not to participate in One Bay Area. Mr. Dau said "no" and explained that ACTC and its representative agencies, not the Metropolitan Transportation Commission or any other agency, has complete control over the funding. Councilmember Cook-Kallio asked how one would go about getting a project into the Plan. Mr. Dau said the Plan is developed over a roughly 2 year period and through a public process. Once approved by the voters, the projects are locked in and cannot be changed. Councilmember Cook-Kallio suggested that some constituents may not understand what a shovel- ready project is and requested clarification on how shovel ready status might impact a project's funding. Mr. Dau explained that one of the key priorities of the board is to select projects that are shovel ready, or ready to move forward, among other criteria. These criteria apply to both local projects and those serving other regions of Alameda County. Councilmember Cook-Kallio noted that while residents are concerned about funds returning to Pleasanton, they are really being asked to pay sales tax to support projects on roads throughout the county that they all use. Councilmember Brown asked Mr. Dau to comment on the concern that having a local revenue source could actually cause a decrease in the funding offered by MTC. Mr. Dau said the reverse is true in that MTC has demonstrated a preference for rewarding those counties that help themselves. This policy is being heard at both the state and federal levels and he reported that MTC will soon be adopting a formal policy in this regard. He noted that the previous Bart extension was made possible through the leveraging of local sales tax dollars. He also cited an independent analysis by the Bay Area Council Economic Institute which estimated that the Plan's $8 billion investment would generate over$20 billion in economic benefit and create over 150,000 jobs. Councilmember Narum requested information on how much revenue will be generated by Pleasanton versus how much will return. City Council Minutes Page 15 of 17 May 20, 2014