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HomeMy WebLinkAbout107-09 RESOLUTION NO. 107-2009 AUTHORIZING EXECUTION OF ADDENDUM II TO THE TRI-V ALLEY TRANSPORTATION COUNCIL JOINT EXERCISE OF POWERS AGREEMENT PERTAINING TO TRI-V ALLEY TRANSPORTATION DEVELOPMENT PROGRAM FOR TRAFFIC MITIGATION 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 11 high priority transportation 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 Powers of Agreement (JlJEPA") in 1998 with other Tri-Valley jurisdictions to implement a Tri-Valley Transportation Development Fee (TVTDF) to fund all or part of the $763 million cost of these 11 original high priority transportation projects in the TVTP / AP; and WHEREAS, since its inception, the TVTDF collected have been used to help complete several of these 11 high priority transportation projects which are now referred to as "List A" projects which now have an unfunded balance of $369 million (2008 dollars); and WHEREAS, in recognition of this shortfall, the TVTC authorized an update of its original Fee Nexus Study to determine the funding levels necessary to complete the remaining original "List A" projects and to help fund 11 new transportation improvement projects that have emerged from various Tri-Valley transportation planning efforts, referred to as "List B" projects; and WHEREAS, projects from both "List A" and "List B" have a collective unfunded balance of $1.4 billion and the TVTC proposed a phased increase to partially address this significant shortfall in 2008; and WHEREAS, the proposed phased fee increase did not receive the unanimous support necessary to amend the TVTC JEP A required to implement the fee increase; and WHEREAS, TVTC elected to defer the adoption of the proposed fee increase until such time as a Strategic Expenditure Plan (SEP) can be completed to prioritize "List A" and "List B" projects; and WHEREAS, TVTC agreed to adopt minor non-controversial and "housekeeping" related amendments to the JEP A in advance of adopting an updated SEP, which include: a. Incorporation of a reference to the new state legislation that allows local jurisdictions to defer the collection of fees until Building Occupancy; b. Adoption of an affordable housing exemption; c. Correction in the method in which the "Other" fee category is calculated in the TVTD Fee Schedule so that it is consistent with the original intent that fees collected be at the rate equivalent to the "Single Family" category; and d. Amendment of the administrative fee language to provide a mechanism to fund administrative services. WHEREAS, the TVTC held a public hearing on July 20, 2009, to review and adopt Addendum II to Tri-Valley Joint Exercise of Powers Agreement and requests that each member agency approve Addendum II; now therefore be it RESOLVED, that the Danville Town Council approve execution of the following amendments to the JEP A: JEP A Section Fee Deferral Existing Collection of fees due rior to ermit issuance Subject to TVTDF $815 per average a.m. / .m. eak hour tri Exempt $2,181 per average a.m.j .m. eak hour tri . 0.5% of fees used for Treasurer costs . 0.5% of fees used for staffin costs Administration Costs (Section 14) 1 % of fees received used for Treasurer costs PAGE 2 OF RESOLUTION 107-2009 APPROVED by the Danville Town Council at a regular meeting on October 6, 2009, by the following vote: AYES: Arnerich, Doyle, Andersen, Stepper NOES: None ABSTAINED: None ABSENT: None MAYOR W130~~_ CITY ATTORNEY '" PAGE 3 OF RESOLUTION 107-2009