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Resolution No. 20-1192 <br /> Page 3 of 3 <br /> Downtown Parking-In-Lieu Fund (104) <br /> Amount collected in previous fiscal years subject to 5-year limitation: $100,152 <br /> Funds are committed to the following project: <br /> • Expand Parking on Downtown Transportation Corridor project#17448 <br /> Description: This project will design and construct a public parking lot on the <br /> transportation corridor between Bernal Avenue and Abbie Street. The project will <br /> replace an existing stabilized gravel parking lot that has a one-way drive isle and <br /> diagonal parking. The new parking lot will be similar to the Firehouse Arts Center <br /> parking lot with a two-way drive isle, ninety-degree parking on each side, walk <br /> path and landscaping. The project will require a 5-to-6-foot retaining wall be built <br /> along the west edge of the railroad corridor, drainage improvements, stormwater <br /> treatment facilities, curb, gutter, new asphalt and striping. <br /> Approximate project completion date: 2022 <br /> Project cost: $3.2 million <br /> % funded by development impact fees: 22% eligible to be funded <br /> Source of funding: Downtown Parking In-Lieu and General Fund CIP <br /> Section 2: City Clerk shall certify to the passage of this resolution and enter it into the <br /> book of original resolutions. <br /> PASSED, APPROVED AND ADOPTED by the City Council of the City of Pleasanton at <br /> a regular meeting held on the 15th day of December 2020. <br /> I, Karen Diaz, City Clerk of the City of Pleasanton, California, certify that the foregoing <br /> resolution was adopted by the City Council at a regular meeting held on the 15th day of December <br /> 2020 by the following vote: <br /> Ayes: Councilmembers Arkin, Balch, Narum, Testa, Mayor Brown <br /> Noes: None <br /> Absent: None <br /> Abstain: None <br /> lam, <br /> KJen Dia Cifrk <br /> APPROVED AS TO FORM: <br /> • <br /> /(Paaidlir 1%4 -Daniel Sodergren, City a ttorney <br />