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City of Pleasanton Capital Improvement Program • FY 2023/24 - FY 2026/27 30 <br />The project will relieve congestion on southbound <br />Hopyard Road by providing a dedicated right turn for <br />the high volume of vehicles turning from southbound <br />Hopyard Road onto westbound Owens Drive. The <br />project will also provide better bike lane connections <br />on Hopyard Road. Construction costs have escalated <br />due to increased labor and materials costs. <br />Hopyard Road & Owens Drive <br />Intersection Improvement <br />Project Number: 15525 <br />Transportation <br />The project will make improvements to the south and north <br />legs of the Owens Drive and Hopyard Road intersection and <br />include protected bicycle and pedestrian improvements. <br />The project will widen Hopyard Road by narrowing the me- <br />dian and widening the northwest corner to add a south- <br />bound right-turn lane from Hopyard Road onto westbound <br />Owens Drive. The widening will allow for bike lanes to be <br />extended through the intersection, connecting to the exist- <br />ing bike lanes on Hopyard Road and to proposed bike lane <br />improvements to Dublin. Additional funding is requested to <br />cover the escalation of construction costs. <br />Department: Engineering <br />Project Phase: Construction <br />Total Budget:$5,551,417 <br />Project Description: <br />Funding Source: MBB - B&P/Street CIP/TIF/NPID <br />Project Funding <br />Project Justification: <br />Fund Description Fund # <br />Current <br />Funding <br />Inc. Adjust- <br />ment <br />FY 2023/24 FY 2024/25 FY 2025/26 FY 2026/27 <br />Measure BB - Bike & Pedestrian 165 - $920,000 - - - <br />Street CIP - General Fund 211 $920,000 - - - - <br />Traffic Impact Fees 212 $1,099,307 $1,400,000 - - - <br />North Pleasanton 1 ID 216 $1,212,109 - - - -