ORD 1815A - Laserfiche WebLink

any funds remain in the Bernal Interchange Account. such funds shall be distributed to Property Owner. " (b) Bernal Bridl!e. Bernal Bridge improvements shall be undertaken in accordance with the Initial Project Approvals and the provisions of this Section 3,6(b), Subject to the reimbursement provisions of Section 3.6(c) below, Property Owner shall be obligated to fund its share of the new Bernal Bridge and associated abutment work under the existing bridge as follows: (i) 50% of the construction costs for removal of and/or modification to the abutments associated with the existing bridge. not to exceed $50,000. $700,000, (ii) 50% of the construction costs of the new bridge, not to exceed (c) The City Engineer shall prepare a written itemized determination of the new bridge and abutment removal costs, based upon construction bid amounts. and provide such determination to the Property Owner, Funding shall be on a work cornpleted, as-invoiced basis with payment due within forty-five (45) days of Property Owner's receipt of each invoice. In no event shall any payment be due until annexation has occurred. City shall have sole responsibility for securing all necessary approvals and permits, including those of third parties, and designing and constructing the bridge and abutment work. Prior to conveyance of the Public Parcel, if the City requests access to the Public Parcel to accommodate the design of the bridge and abutment work, Property Owner shall not unreasonably withhold issuance of permits or licenses necessary for the City to initiate such construction work. When City is ready to commence construction of the bridge and/or abutment work, City shall notify Property Owner in writing and Property Owner shall, within thirty (30) days of Property Owner's receipt of City's notice, convey to City, subject to the reservations set forth in Section 3.3(d) above, that portion of the Public Parcel that is reasonably necessary to permit City to construct the bridge and abutment work. (d) Bernal Avenue ImDrovements, Property Owner shall be responsible for constructing improvements to Bernal Avenue in accordance with Condition 45 and Exhibit 15 of the PUD. 3.7 Rellional TransDortation Fee, Subject to the Fee Cap Term, the Project shall be subject to payment of the Tri-Valley Transportation Development Fee (TVTDF) as such fee has been adopted by the Tri- Valley Transportation Council (TVTC) and shall pay the amount of such Fee in accordance with City of Pleasanton Resolution No, 98-90. The scope of the TVTDF improvements shall be based on the list of "Transportation Improvement Projects" identified in Section 8 of the Joint Exercise of Powers Agreement between the County of Contra Costa, the City of San Ramon, the Town of Danville, the County of Alameda, the City of Dublin, the City of Livermore and the City of Pleasant on, 3,8 Water SUDDlv, City shall, for the purpose of meeting the Project demands, from the water supply available to the City, reserve for the buildout of the Project and serve the Project with potable water, in accordance with the provisions of the Initial Project Approvals. 356901849375v14 -16- 08125100