RES 98155 - Laserfiche WebLink

The transit center ,.,,'ill also sen'e commuter rail passengers t~r the future .adtamont Commuter Express (ACE). ACE %~qil operate two trains at this station. In addition. this station is one of three located in the Tri-Vallev area. Rail passengers will be able to make direct connections to LAV'FA's local routes. New Livermore Fixed Route Network With the opening of the intermodal transit center, LA~q'A has restrucmred its Livermore routes to serve the new facility. The route network is shown in Fi_mare ES-1. 1~' 1999/00 Short Range Transit Plan (Vision 2000) During the first quarter of t999, LAVTA will begin working on its FY 1999/00 SR'rP. The Vision 2000 Report will be a "full plan," and will include tong range plan to determine the necessary level of transit service to maintain LAVTA's service standards as the area continues to development and expand its service area. Capital Plan Figure ES-2 presents LAV'rA's Capital Plan. Over the next ten years, LAVTA will need to replace all of its fixed route buses and paratransit/DART vehicles. Additional capital programs include the installation of an automated vehicle iocator system, painting of the revenue vehicles, the replac, emt~t of six service vehicles, evaluate equipment needs, and retrofit all revenue vehicles with s~zttrity cameras. LAVTA will also be embarking on an expansion of its new Subscription Bus program and plans on adding 12 vehicles over the next three years. LAVTA is pursuing to build a satellite facility to stage revenue vehicles. The replacement of fixed route and paratransit~DART revenue vehicles represents LAVTA's greatest capital expense. The replacement of all vehicles will be paid mostly (80%) with funds from the FTA Section 5307 program. The balance ~vill be paid with a combination of Bridge Tolls and TDA revenues. Financial Plan '- Figures Eg-3 through ES-5 present LAVTA's Financial Plan. Because of the foresight of LAVTA's Board and its General Manager, LAVTA has accumulale~l a IDA reserve of $5.9 million. This reserve ac~unt will help LAVTA subsidize its new servic. e~ over the coming decade. During the years of heavy capital expenditures involvin~ IDA funds, the TDA reserve account will be dram upon to help support fixed route, DART, and paratransit operations. The first year cost of operations for fixed route, DART, pantransit and subscription bus will total just over $7 million. By FY 2008/09, annual operating costs will reach $10.4 million. IDA funds will continue to be the primary source of revenue for subsidizing operations. ES-2 ',