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Pleasanton annexes Staples Ranch and the El Charro Road roadway. Vulcan Materials, <br />which currently owns the paved portion of the right of way, has an offer of dedication <br />with Alameda County, which would be accepted following completion of construction of <br />improvements. <br />The El Charro Road improvements called for in the Cooperation Agreement have been <br />designed to safely accommodate the existing heavy use of El Charro Road by quarry <br />truck traffic while permitting anticipated public vehicular access as planned for in both <br />Livermore and Pleasanton's General Plans. The agreed upon improvements are very <br />different from the El Charro Road improvements envisioned in the 1989 Stoneridge <br />Drive Specific Plan, which called for separated quarry truck tunnels in both directions <br />under the proposed Jack London Boulevard/Stoneridge Drive/E1 Charro Road <br />intersection. The tunnel plan has since been deemed infeasible, both from an engineering <br />and a financial viewpoint, and Vulcan Materials, the major remaining quarry operator <br />that depends on El Charro Road, has, through the Cooperation Agreement, fully endorsed <br />the new improvement plan, which minimizes the need for quarry trucks to change lanes <br />between the Jack London Boulevard intersection and I -580. <br />A concurrent Cost Sharing Agreement between Livermore, Pleasanton, and ACSPA, <br />executed in September 2007 specifies that the El Charro Road improvements will be paid <br />for by Livermore and the ACSPA, while Livermore and Pleasanton will contribute to the <br />cost of the El Charro Road interchange improvements, including any change orders <br />required to make the transition to the new El Charro Road improvements. Both the Cost <br />Sharing and Cooperation Agreements contain provisions which permit the ACSPA to <br />take over construction of the El Charro Road improvements if they have not been <br />constructed by Livermore prior to annexation by Pleasanton. However, it is currently <br />anticipated that Livermore will begin construction in early 2009. <br />Stoneridge Drive Specific Plan Amendment/Staples Ranch <br />Draft October, 2008 <br />10 <br />