SR 05:050 - Laserfiche WebLink

CCTA model and some work will be necessary to merge the two roadway networks and update the land use assumptions. The City of Dublin has spent approximately $30,000 in City funds and $80,000 in developer funds to update the CCTA model to reflect the Buildout of Dublin, including the East Dublin Properties. The City of Dublin will be considering the authorization of up to $58,000 in additional local funds towards the Triangle Study at its February 1, 2005 meeting. On January 25, 2005, the Livermore City Council adopted a resolution authorizing their City Manager sign a letter of intent to the CMA to contribute funding up to a maximum of $79,135 for the Tri-Valley Triangle Traffic Study, and sign all future funding agreements for this study not to exceed $79,135. It is recommended that the City of Pleasanton participate in funding the additional costs for this study. The local benefits of enhancing the travel demand and forecasting model would be: · The creation of a common traffic demand and forecasting model that the three cities would develop together would provide a common understanding and confidence in the results, leading toward a better opportunity for consensus; · A recently updated model in the Tri~Valley area that would be a viable analysis tool for several years. Staff recommends that Pleasanton commit up to $75,000 to fund the expansion and further refinement of the traffic forecast'mg and traffic simulation models to be used for the Triangle Traffic Study. Combined with the funds already spent and committed by Dublin, and committed by Livermore, this should fully fund the study and provide a 10% cont'mgency fund for the additional traffic model runs and analysis that will most likely be necessary to determine the optimal sequencing of freeway and highway construction projects in the Tri-valley area. The total study cost of up to $175,000 over the original CMA budget includes funding for the traffic operations and simulation model to be used in this study. The furore recommendation as to which operations model alternative to recommend will be based on perceived local benefits, as the additional cost would be borne by the local agencies. A recommendation to the PAC regarding the selection of the most appropriate traffic operations model is scheduled for April 1, 2005. The funding commitment from the three cities is needed right away as the consultants working on upgrading the CCTA's traffic forecasting model for the Triangle Study will begin work in February, as soon as the funding commitments are in place. The original SR 05:050 Page 4 of 5