04 - Laserfiche WebLink

Tri-Valley Transportation Council │ 2020 Nexus Fee Update Study August 2021 │ Final i EXECUTIVE SUMMARY Completed and adopted in early 2008, the Tri-Valley Transportation Council (TVTC) Nexus Study: Fee Update (“2008 Nexus Study”) identified 22 projects that the TVTC elected for eligibility to receive funding from the Tri-Valley Transportation Development Fee (TVTDF). The first 11 projects (List A, Table 13) were adopted into the original program in 1995. The second set of 11 (List B, Table 13), were new projects that were included in the 2008 Nexus Study. The travel demand modeling documented in the 2008 Nexus Study projected that these projects would reduce the congestion created by new development within the Tri- Valley. Since 2008, there have been changes in the funding, planning and traffic conditions under which the TVTDF was originally developed. In addition, many of the 27 original projects have been completed and the TVTC has identified 23 new projects (List C, Table 14) to be considered. Based on these factors an updated nexus study is needed to support updates to the TVTDF. FORECAST GROWTH New development within the Tri-Valley is forecast to add 33,312 household and 63,947 jobs between 2018 and 2040. This growth will produce an increase of 57,596 average AM/PM peak hour trips. PROJECT BENEFITS Based on forecast projection, the vehicle hour of delay is expected to increase by 60 percent during the AM and 88 percent during the PM peak. With the construction remaining improvement projects, this delay is expected to decrease by 15 percent during the AM peak and 23 percent during the PM peak when compared to the 2040 No-Build Scenario. In addition, these projects will result in other benefits to the Tri- Valley Area including improving roadway safety, improving roadway operations, and increasing bicycle ridership. Figure E-1: Future Build vs No Build Scenario Vehicle Hours of Delay (VHD) 24,718 15,613 39,570 29,376 35,852 25,813 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 Morning Peak Hour Evening Peak HourVehicle Hours of Delay (VHD)2020 2040 No-Build 2040 Build