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THE CITY OF 15 ni 2:9 sis CITY COUNCIL AGENDA REPORT pLEASANTON. May 4, 2021 Finance Community Development TITLE: INTRODUCE AN ORDINANCE AMENDING TITLE 3 OF THE PLEASANTON MUNICIPAL CODE TO (1) ADD A NEW CHAPTER 3.44 ESTABLISHING A JOHNSON DRIVE ECONOMIC DEVELOPMENT ZONE (JDEDZ) TRANSPORTATION FEE, (2) ADOPT A RESOLUTION AMENDING THE MASTER FEE SCHEDULE TO SET THE FEE, AND (3) ALLOCATE GRANT FUNDS AND OTHER LOCAL FUNDS TO THE JDEDZ TRANSPORTATION PROJECT SUMMARY During the presentations of the Johnson Drive Economic Development Zone (JDEDZ) transportation projects financing plan in August and September of 2017, City Council directed staff to develop a methodology for a JDEDZ Transportation Fee that the City would assess on new development within the JDEDZ (excluding Costco) to recoup the transportation infrastructure costs borne by the City. City staff developed a JDEDZ Transportation Fee methodology for Council's consideration. On May 15, 2018, the City Council adopted the Johnson Drive Economic Development Zone Transportation Fee (JDEDZ Transportation Fee) (Ordinance No. 2178). The JDEDZ approvals and the JDEDZ Transportation Fee were rescinded on October 2, 2018 in order for the City to perform additional environmental review of the project (Ordinance No. 2184). The additional environmental review has been completed and on February 4, 2020 the City Council reapproved the JDEDZ. Staff is now recommending that the City Council also reapprove the JDEDZ Transportation Fee. In addition, staff is proposing to allocate a $5.2 million grant that the City will receive from the Alameda County Transportation Commission (ACTC) to help fund the JDEDZ transportation improvements project as well as allocate $1.8 million from the Dublin Freeway Reimbursement Reserve to fund the City's portion of the JDEDZ transportation improvements. RECOMMENDATIONS 1. Introduce an ordinance amending Title 3 of the Pleasanton Municipal Code to add a new Chapter 3.44 establishing a Johnson Drive Economic Development Zone Transportation Fee and adopt a resolution amending the Master Fee Schedule to set the Fee. 2. Allocate a $5.2 million ACTC grant and $1.8 million from the Dublin Freeway Reimbursement Reserve to help fund the JDEDZ transportation improvements.