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HomeMy WebLinkAbout8.1 Approve Contribution to I-580/680 e'-_ 1 ..7 CITY OF DUBLIN AGENDA STATEMENT CITY COUNCIL MEETING DATE: May 9, 1988 SUBJECT Resolution Approving Contribution to the 1-580/1-680 Interchange West to North Ramp Improvement EXHIBITS ATTACHED Resolution RECOMMENDATION . Adopt Pird Resolution FINANCIAL STATEMENT: Dublin' s estimated share is approximately $111,700. This cost would be incurred during Fiscal Year 1988- 89 . DESCRIPTION Alameda County voters approved a 1/2 cent sales tax increase to fund identified street and freeway improvement projects throughout the County of Alameda. One of these projects to be constructed was the improvement of the 1-580/1-680 Interchange with a total estimated cost of $54 million. Measure B required that $10 million or 18.5 percent of the cost of these improvements come from local sources. Representatives from the Cities of Livermore, Pleasanton, and Dublin, Alameda County and the Alameda County Transportation Authority have met and have identified the possibility of phasing the I-580/1-680 Interchange Improvements . The first phase that could be constructed at this time would provide a doubling of the capacity of the westbound 1-580 to northbound 1-680 ramp. The estimated cost of this ramp improvement is $2,054,000 . The local share required by Measure B would be $380,000. Representatives from the agencies identified above have agreed that it would be very desirable to proceed with this project at this time in order to achieve a very substantial traffic improvement benefit for relatively small cost. Staff from the four agencies are proposing that the County of Alameda pay $45 ,000, and the Cities of Dublin, Livermore, and Pleasanton pay an equal one-third share of the balance of the local match required. The City of Dublin' s estimated share at this time would be approximately $111,700. The County Transportation Authority Staff has requested that an early commitment be received from the Cities so that the design can be commenced and completed on this ramp project. If the City Council were to indicate its approval of this project , the City would be required to forward its share to the Alameda County Transportation Authority in December of 1988 (Fiscal Year 1988-89) . It is important for the City Council to recognize that the share could increase or decrease depending on the bids received from Contractors on this project . If the bids came in substantially more than anticipated, the City would have the right to reconsider its commitment . COPIES TO: ITEM NO. v RESOLUTION NO. - 88 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN * CSC:C'.:�C�CniC.'�.n'�.CiC�. **::n'iC:C***n.Cn' • APPROVING CONTRIBUTION TO THE 1-580/1-680 INTERCHANGE WEST TO NORTH RAMP IMPROVEMENTS WHEREAS, the voters of Alameda County approved a 1/2 cent sales tax increase to fund specific street and freeway improvement projects ; and WHEREAS , the Alameda County Transportation Authority has been given the responsibility of seeing that the funds raised from the increased sales tax are spent according to the terms approved by the voters ; and WHEREAS , one of the projects to be constructed with the funds was improvement to the 1-580/1-680 Interchange at a total estimated cost of $54 million, of which $10 million or 18.5 percent is to come from local sources ; and WHEREAS, the first phase of the 1-580/1-680 Interchange could be constructed at this time in order to provide earlier usage of the west to north ramp from 1-580 to 1-680 at a substantial savings over later costs ; and WHEREAS, the first phase of the 1-580/1-680 Interchange has an estimated cost of $2,054 million of which $380,000 must be paid from local funds ; and WHEREAS, when the voters approved Measure B, they approved an allocation of monies to the cities and county for local transportation purposes as well as allotment of monies to specific projects and also approved a local share cost for certain projects including the I-580/1-680 Interchange; and WHEREAS, it is generally not appropriate to take Measure B funds from the cities or county to help pay for the local share of Measure B specific projects since this is an additional allocation of Measure B funds above that contemplated by the voters ; and WHEREAS , by advancing money for this first phase of the I-580/1-680 Interchange, appreciable savings can be made in overall construction costs and earlier service achieved, thus making it a special case; and WHEREAS , the City of Dublin requests that the Alameda County Transportation Authority reconsider the existing policy which prohibits the use of federal and/or state funds to pay the local costs of future Measure B projects ; and h WHEREAS , the Cities of Dublin, Livermore, and Pleasanton and Alameda County have agreed to share the local 18.5 percent or approximately $380,000 cost of the first phase of the 1-580/1-680 improvement with Alameda County paying $45,000 and the three cities dividing the remaining local cost equally; and WHEREAS, this agreement to pay a portion of the first phase of the 1-580/1-680 project does not imply agreement to pay the same portion of the local share for subsequent phases of the 1-580/1-680 Interchange improvement or of other Measure B projects ; and • WHEREAS , the Cities of Dublin and Pleasanton, and Alameda County, agree to participate, which could include financial participation, in the same spirit of Valleywide cooperation by assisting the City of Livermore in seeking funding solutions to help finance the local share of the Route 84 Measure B project. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Dublin does hereby resolve to pay one-third of the local share less the County of Alameda ' s contribution, of the approximately $380,000 estimated cost of the project to the Alameda County Transportation Authority as a portion of the local cost of the west to north connection at the I-580/I-680 Interchange . BE IT FURTHER RESOLVED that the City Manager is directed to develop the necessary financial arrangements . PASSED, APPROVED AND ADOPTED this 9th day of May, 1988. AYES : NOES : ABSENT: Mayor ATTEST: City Clerk