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HomeMy WebLinkAbout8.3 I-580Traffic Impact Fee ..... ..,. .t'/ .... ., ., . .:~ e. --,~,~ 'lj~'::"" CITY CLERK File # D[Z][Z][Q]-[3JiQ] X REF wo-'-I-o AGENDA STATEMENT CITY COUNCIL MEETING DATE: November 19,1996 . SUBJECT: Traffic Impact Fee Agreement for 1-580 Freeway Interchange Improvements - Appoint Council Subcommittee Report Prepared by: Lee S. Thompson, Public Works Director EXHIBITS ATTACHED: None .... RECOMMENDATION: Appoint a two-person Council Subcommittee to work with Staff ~ develop and negotiate a Dublin/Pleasanton Agreement for the n handling and transfer of funds collected under the East Dublin 1-580 Interchange Fee. FINANCIAL STATEMENT: The proposed Agreement will condition and establish procedures for the transfer of East Dublin 1-580 Interchange Fees from Dublin to Pleasanton. The Fee is proposed to collect $7,384,000 from Eastern Dublin Development. DESCRIPTION: In January of this year, the City Council adopted a resolution establishing a "Freeway Interchange Fee" for future developments within the Eastern Dublin General Plan Area. These fees, once collected, are proposed to be transferred to the City of Pelasanton to re-pay Pleasanton for the over-sizing of the 1-580 interchanges at Hacienda Drive and at Tassajara Road. As this Fee was voluntarily adopted by the Dublin City Council, and has been a sensitive issue between the two Cities, Staff believes it prudent to have City Council input on the Agreement language and in the negotiations. Staff, therefore, recommends that the City Council appoint a two-Councilmember Subcommittee to work with and provide direction to Staff on this issue. ------~------------------------------------------------------------ COPIES TO: ITEM NO..8.. '7 g:agcnmisc\i-580sub