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Ms. Dennis stated that the costs of building the improvements keep escalating. Fee <br />schedules are set but what can happen can't be predicted with the economy and the rate of <br />inflation. Further study needs to be done regarding whether development can pay for itself. <br />Enacting bond measures are difficult. The commitment has to be made at the outset that a <br />certain level of growth triggers a previously agreed upon level of financial commitment. <br /> <br /> Mr. Van Geltier stated that East Contra Costa has an established fee. He felt the <br />economic models can be covered in the fee study. A fee structure can have the ability to raise <br />the rates as inflation increases. The difficulty is in how big the list of projects will be and how <br />will they be prioritized to utilize the cash flow to do the first project. He thought creative <br />funding alternatives are going to have to be looked. <br /> <br /> Ms. Michelotti believed the Tri-Valley Transportation Council needs to look at the major <br />impacts from fixing Highway 84. Until something happens in one place, you won't get a lot of <br />resolution in either place. <br /> <br /> Mr. Van Gelder indicated there are many variables, which is why it is important to <br />continue the model. If Highway 84 is not completed and growth continues, there are different <br />impacts than what the model shows. He believed we need to consider a way to have a toll road <br />to come up with some balancing revenues. When all the facts are received at the policy and <br />technical levels, then some hard decisions will have to be made on how to bring it together. <br /> <br /> Mayor Tarver asked if there were two BART stations in the plan. <br /> <br /> Mr. Van Gelder stated that there are two BART stations anticipated and it anticipates the <br />need for coming up with funds for the second BART station. <br /> <br /> Ms. Mohr stated that even if nothing else is built in the Valley we will still have an <br />interchange of two interstate highways and there won't be help from the Federal Government. <br />Local monies will have to be used to build them. There is no way to prevent the traffic from <br />coming through Pleasanton and even if there was a toll road, it is still local traffic that will be <br />footing the bill. She avoids Interstate 580 at 5:00 p.m. because of the congestion. If there was <br />a ramp meter installed at Hopyard and 580 going toward Livermore and traffic is already at a <br />dead stop, what good will it do? <br /> <br /> Mr. Van Gelder stated the intent of the metering is not to look just at Pleasanton, but to <br />look upstream where two vehicles might have come together. Metering provides space for <br />merging and helps avoid collisions, which really stop traffic. You don't get more capacity but <br />you maintain a decent level with a better likelihood of maintaining this level longer. <br /> <br /> Ms. Mohr asked if he felt the City would face the condemnation of a parallel length of <br />Interstate 580 from the Altamont to the Dublin grade? <br /> <br />08/15/95 -13- <br /> <br /> <br />