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ATTACHMENT 15 J ~ BOARD O F SUPERVISOR S acoTr IIAGGERTY rasem~rrr 8UP6RV190R mast o161RIC1' October ] 0, 2008 Honorable Jennifer Hosterman Mayor, City of Pleasanton P.O. Box 520 Pleasanton, CA 94566 RE: Stoneridge Drive Extension Funding Dear Jennifer: CITY OF PLEASANTON O C T 1 5 2008 CITY MANAGER Since our exchange of letters on August 15`, which dealt with the funding of the Stoneridge Drive Extension, there has been considerable discussion of the potential timing of the Extension. In my August la` letter, I offered, on behalf of Alameda County, to fund the Extension, as long as the City authorized its construction prior to 2011. Last week our respective staffs tentatively agreed to that approach, but having reviewed that offer with my colleagues on the County's Surplus Property Committee, I need to make a modification to that offer: the County cannot offer any funding that would give the City the option of delaying the construction of the Extension. To clarify further: the Alameda County Surplus Property Authority will pay the cost of the Stoneridge Extension only if the Extension is constructed at the same time as the Staples Ranch development. This offer includes not only the cost of constructing an additional two-lane Arroyo Mocho bridge and a full four-lane roadway through Staples Ranch -- which we currently estimate to cost approximately $5 million -- but also up to $1 million to pay for "off-site" improvements to existing City intersections that may be needed to accommodate the full Extension project at this time. The total County contribution (and savings to the City) would thus equate to an estimated $6,000,000, above and beyond our prior funding commitments to Staples Ranch- related infrastructure improvements. Assuming Pleasanton decides to avail itself of this offer we would like to work with you to ensure that the EIR is deemed adequate for the City to authorize the Extension as a part of the Staples Ranch project. We have had extensive review of the EIR documents by outside CEQA legal experts and they believe that the City can authorize the Extension as part of the project without recirculation. As you also know, the County has long voiced its concern with any delay in the construction of the full Stoneridge Drive Extension. Our stance, which has evolved over the past few yeazs, is based on what we see as good regional planning, as well as a rising concern that delaying [he full 1221 OAK STREET • NUITE 6.?8 • OAKLAND, CALIFORNL184812 • 310 272-8991 • FAX SIO 208.3810 4501 PLEA9AM1'ON AVENUE • PLEABANTON, CALIFORNIA 84688 • 926 591-8886 • FAR 829 x84.2808 PRINTED BY UN10N LABOR • LOCALB 31S A x19