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Mr. Brozosky felt since there is not an update to the General Plan that it is known what will occur in this area and he felt it was premature to pay for an interchange that may not be needed. He noted the Stoneridge Drive Specific Plan indicated Livermore and Alameda County would be involved in this and felt they should participate in the reimbursement. He also noted Dublin owes the City of Pleasanton about $3 million for other interchanges and questioned paying Dublin before it pays Pleasanton. Mr. Wilson said the project is to add a loop to the interchange for traffic out of Pleasanton. This loop was not part of the original plan, but from more recent traffic studies, it was determined that with existing ability to develop on the Staples Ranch site, the loop was necessary to be added. This is without the Stoneridge Drive extension. The reimbursement is for the City of Pleasanton to pay for its share of traffic coming from Pleasanton. Should Livermore decided to connect to this interchange, there will be a future widening project to double the size of the overcrossing and Livermore will contribute to the costs at that time. At this time, there is no reason for it to contribute to the project. Mr. Brozosky asked if this project was in the county or in the city. Mr. Wilson said the loop is within the state right of way on the Dublin side of the freeway and allows traffic from the Pleasanton side to enter 1-580 traveling westbound. This is the best time to finance this project. Costs of environmental reports and mitigations are included in the project. If we wait until later for the improvement, those costs would have to be paid for by Pleasanton and constructions costs will have gone up considerably because it would be a small project. Now there are cost savings because of the scope of the project. Financially, this is the best time to pay for the project. Ms. Ayala said there is a General Plan review in process and asked if there are changes to uses in the east side of town and the interchange is not required, would construction already have started? Mr. Wilson said it was likely. Even if there is a decision to do nothing in the east side, there is still a need for this ramp based on what is in the existing General Plan. If Jack London were extended from Livemom, there would be a need for the loop and Livermore would pay its share at that time. There is a certain density assigned to the Staples Ranch in the current General Plan and even if that density is reduced in the update, he felt the loop would still be necessary. The only exception would be if it were reduced to zero and he did not think that was likely. Mr. Brozosky asked if the Livermore General Plan included extension of Jack London and if it did, why is it not paying for this now. Ms. McKeehan said the Jack London extension is part of the General Plan. Livermore would pay its share at the point when the interchange is expanded. The loop has always been envisioned to be Pleasanton's share. The point of doing the loop now is that we know the loop is required. The funding is being collected in the Stoneridge Drive Specific Plan fund and will not come from the General Fund. There are economies of scale for doing the project now. If it is not done now, and the Staples Ranch project moves forward, it will cost a great deal more in the Pleasanton City Council 10 05/06/03 Minutes