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Mr. Campbell asked if the $55 million represented funds on hand or funds to be generated over the course of the next few years for distribution in 2008? Mr. Knowles said existing funding mechanisms for existing projects will stay in place until 2008. At that time, the funds from Prop. 42 will start to be received. The $55 million is an estimate of 20-25 years worth of that funding. There is no end date to the Proposition. Ms. Dennis noted that it seemed like the $10 million might be unallocated to the Highway 84 project and used for something else on a short-term basis. She believed there is an expectation that the $10 million must be used immediately rather than part of an accumulation process for Highway 84 improvements. Mr. Knowles said none of the money is really set aside. The funding is only available in 2008 and this will be discussed many times before that time. The Congestion Management Agency (CMA) recently divided Highway 84 into three segments in order to identify the congestion. Staff is doing much behind the scenes to bring regional attention to the congestion in Highway 84 and to find ways to mandate funding for improvements in that area. Ms. Dennis asked if other jurisdictions will support a request for a local study. Mr. Knowles said many communities do not have the ability to run traffic models like Pleasanton does to show impacts on local communities for consideration in environmental studies. Ms. McKeehan said for the first time the Th-Valley area is gaining attention to this issue and there will be many opportunities to discuss funding sources. Ms. Michelotti indicated the Th-Valley Transportation Council has been lobbying for these improvements for a long time. Fees are being increased to help with these improvements. She commended Mayor Pico for fighting for this. She felt other officials needed to be educated in order to see the big picture and how the Highway 84 improvements can help other jurisdictions and not just Pleasanton. It would take traffic off the city streets of Livermore as well. The $10 million is only a drop in the bucket for the necessary Highway 84 improvements. She supported the current proposal in order to get something started and urged people to keep trying to educate people about the regional benefits. Mayor Pico said Mr. Knowles did a marvelous job of providing information to substantiate the position for urging improvements to Highway 84. However, there are people in other jurisdictions that feel very strongly that improvements are necessary for 1-580 to expand the right of way for BART to go down the middle of the highway along with other things. He felt it was a coup to get the $10 million allocation. More importantly, he felt Pleasanton had gotten the attention of the region and the Alameda County Congestion Management Agency. They are looking at ways of getting some incremental improvements for Highway 84 that may cost less than $10 million. They have seen the need to relieve the evening eastbound congestion on Highway 84. Some positive ideas have been presented and the CMA staff will be working on Pleasanton City Council 7 11/05/02 Minutes