RES 231437 - Laserfiche WebLink

Resolution No. 23-1437 Page 3 of 3 Express Bus Service. In addition to these projects, TVTC has approved 11 additional projects which include the EI Charro Road extension in Pleasanton. Approximate project completion date: On-Going Project cost: $1,852,517 Source of funding: Tri-Valley Transportation Development Fee % funded by development impact fees: 100% Downtown Parking-In-Lieu Fund (104) Amount collected in previous fiscal years subject to 5-year limitation: $658,873 Funds are committed to the following project: • Expand Parking on Downtown Transportation Corridor— Project #17448 Description: A public parking lot on the transportation corridor between Bernal Avenue and Abbie Street. The project replaces an existing stabilized gravel parking lot that has a one-way drive isle and diagonal parking. The new parking lot will be similar to the Firehouse Arts Center parking lot with a two-way drive isle, ninety-degree parking on each side, walking path and landscaping. The project requires a 5-to-6-foot retaining wall along the west edge of the railroad corridor, drainage improvements, stormwater treatment facilities, curb, gutter, new asphalt and striping. Approximate project completion date: 2024 Project cost: $3,501,745 Source of funding: Downtown Parking In-Lieu and General Fund CIP % funded by development impact fees: 22% eligible to be funded SECTION 5. That the City Clerk shall certify the passage of this resolution and enter it into the book of original resolutions. PASSED, APPROVED AND ADOPTED by the City Council of the City of Pleasanton at a regular meeting held on December 5, 2023. I, Jocelyn Kwong, City Clerk of the City of Pleasanton, California, certify that the foregoing resolution was adopted by the City Council at a regular meeting held on December 5, 2023, by the following vote: Ayes: Councilmembers Arkin, Balch, Nibert, Testa, Mayor Brown Noes: None Absent: None Abstain: None Joc yn Kwohg10 , Qfty Clerk AlOV S TO FORM: Daniel G. Sodergre , City Attorney