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HomeMy WebLinkAbout015-04RESOLUTION NO. 15-2004 APPROVING THE 2004 UPDATE TO THE TRI-VALLEY TRANSPORTATION COUNCIL STRATEGIC EXPENDITURE PLAN WHEREAS, the Town of Danville has joined with other Tri-Valley jurisdictions to form the Tri-Valley Transportation Council (TVTC), and cooperatively participated in the development and adoption of the Tri-Valley Transportation Plan/Action Plan (TVTP/AP) for Routes of Regional Significance; and WHEREAS, the TVTP/AP identified improvements to the regional transportation system necessary to accommodate traffic growth from ongoing development in the Tri-Valley area and elsewhere; and WHEREAS, the Town of Danville has entered into a Joint Exercise of Powers Agreement ("JEPA') in 1998 with other Tri-Valley jurisdictions to implement a Tri-Valley Transportation Development Fee (TVTDF) to fund all or part of the necessary transportation improvements identified in the Plan; and WHEREAS, the JEPA requires the development and adoption of a Strategic Expenditure Plan (SEP) as a policy document to guide the expenditure of TVTDF revenue and state priorities for transportation projects in the Tri-Valley; and WHEREAS, the JEPA requires the update of the SEP to reflect changes in the transportation setting, status of projects, and updates to transportation revenues; and WHEREAS, the TVTC unanimously approved the 2004 Update to the SEP at its January 28, 2004 regularly scheduled public meeting; and WHEREAS, the JEPA requires that all unanimously approved updates of the SEP by the TVTC must be subsequently approved by all member jurisdictions; and WHEREAS, the Town of Danville has participated in good faith with other Tri-Valley jurisdictions to update the SEP; and WHEREAS, the current TVTDF fee schedule anticipates an estimated $10.2 million funding shortfall by FY 2009-10; now, therefore be it RESOLVED, that the Danville Town Council approve the 2004 Update to the Tri-Valley Transportation Council Strategic Expenditure Plan. APPROVED by the Danville Town Council at a regular meeting on February 17, 2004 by the following vote: AYES: Arnerich, NOES: None ABSTAINED: None ABSENT: None Doyle, Andersen, shimansky, Stepper APPROVED AS TO FORM: CITY ATTORNEY ATTEST: CITY CLERK PAGE 2 OF RESOLUTION NO. 15-2004