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HomeMy WebLinkAbout111-2011RESOLUTION NO. 111-2011 APPROVING THE MEMORANDUM OF UNDERSTANDING (MOU) BETWEEN THE CCTA AND THE TOWN FOR THE I -680 AUXILIARY LANE FUNDING WHEREAS, the I -680 Auxiliary Lanes Project (Project) is identified in the voter approved Measure C -1988 Expenditure Plan; and WHEREAS, the Project will provide an exclusive lane that connects the entrance and exit ramps, and will facilitate weave movements, reduce congestion in the through mainline lanes, and therefore will improve safety; and WHEREAS, the Project will provide improvement to local traffic by allowing travelers to go from one interchange to the next without having to enter the mainline freeway, thereby reducing traffic on local streets; and WHEREAS, the Town of Danville has been working collaboratively with the City of San Ramon, Contra Costa Transportation Authority (CCTA), and Caltrans to develop and construct the I -680 Auxiliary Lanes Project; and WHEREAS, the Project is comprised of three segments: Diablo Road to Sycamore Valley Road (Segment 1), Sycamore Valley Road to Crow Canyon Road (Segment 2), and Crow Canyon Road and Bollinger Canyon Road (Segment 3); and WHEREAS, due to funding constraints, only Segments 1 and 3 (the most congested segments along the corridor within the San Ramon Valley) were constructed in 2006 and the remaining Segment 2, with an estimated cost of $34 million, remained underfunded with a significant shortfall; and WHEREAS, the pursuit of grant funding opportunities and programming of anticipated regional traffic impact fees, including the Tri- Valley Transportation Development Fee (TVTD) funds, have resulted in reduced funding gap of $10 million; and WHEREAS, the Contra Costa Transportation Authority (CCTA) has committed the remaining $10 million to complete the Project's funding plan at their November 16, 2011 public meeting; and WHEREAS, $5.8 of the $10 million commitment represents an advance of future anticipated TVTD funds as identified in the Tri - Valley Transportation Council's (TVTC) Strategic Expenditure Plan unanimously adopted on May 16, 2011; and WHEREAS, the Town of Danville serving as the TVTC- member Lead Agency on behalf of the Contra Costa Transportation Authority (CCTA) for the purposes of administering the appropriation of TVTD funds to the I -680 Auxiliary Lanes Project, commits to remitting the $5.8 million in TVTD funds to CCTA as soon as they have been collected and are available to be appropriated; now, therefore, be it RESOLVED, that the Danville Town Council authorize the Mayor to execute MOU 11.06.02 with the Contra Costa Transportation Authority at a regular meeting on December 20, 2011, by the following vote: AYES: Andersen, Arnerich, Doyle, Stepper, Storer NOES: None ABSTAINED: None ABSENT: None J AYOR APPROVED AS TO FORM: CITY ATTORNEY PAGE 2 OF RESOLUTION NO. 111 -2011