HomeMy WebLinkAboutCity Council Resolution 92-036
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RESOLUTION NO. 92-036
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA
CONCERNING LOCAL TRANSPORTATION AUTHORITY
WHEREAS, since 1985 there has existed in Santa Clara County the
Santa Clara County Traffic Authority, authorized and organized
under Division 13 of the PUblic utilities Code. The Traffic
Authority levies a 1/2 of 1% retail transactions and use tax,
which tax will terminate as of April 1, 1995, pursuant to Public
utilities Code section 140251. The Traffic Authority has never
been authorized to levy a property tax, and
WHEREAS, the Traffic Authority will terminate on April 1, 1997,
pursuant to Public utilities Code section 140006, and
WHEREAS, the Traffic Authority serves an integral role in
financing highway capital improvements within the county to serve
State, regional, intercounty and intra county transportation
needs. The scheduled termination of the Traffic Authority and of
the sales tax which the Traffic Authority levies will eliminate
an important means for fulfilling such needs, and
WHEREAS, because the termination of the Traffic Authority's sales
tax will eliminate an assured, continuing source of revenue,
Santa Clara County henceforth will not be eligible for otherwise
available state and Federal funding for transportation projects,
which funding is contingent upon assured sources of matching
local funds. By way of example of the significant losses in
State and Federal revenue which will be incurred if there are no
matching local funds, the County will become ineligible in fiscal
year 1992-93 for an estimated $232 million in available matching
Federal funds, and $116 million in matching State funds, which
are to be allocated during that fiscal year. Such losses will
continue to be incurred within the County if there is not a
substitute for the Traffic Authority's sales tax, and
WHEREAS, the loss of local, State and Federal revenues would
result in significant adverse economic and environmental impacts
since transportation facilities and services to meet existing and
future needs will not be able to be provided, and
WHEREAS, to avoid such adverse consequences, a coalition of
county civic, business, labor and environmental organizations
drafted and submitted the proposal for this Resolution to the
County and other affected local jurisdictions as a means of
providing a mechanism to fund specific transportation facilities
and services within the County upon the expiration of the
existing sales tax and to continue local eligibility for state
and Federal funds, and
WHEREAS, pursuant to California Public utilities Code section
180050, the Santa Clara County Board of Supervisors may create a
transportation authority to carry out the provisions of Division
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19 (commencing with Section 180000) of the Public utilities Code
(the "Authority"), and
WHEREAS, the citizens coalition also proposed and developed the
County Transportation Improvement and Expenditure Plan appended
hereto ("Expenditure Plan") in consultation with local, county
and regional transportation agencies. The Expenditure Plan
identifies transportation projects to serve local, county and
regional transportation needs. The Expenditure Plan has been
submitted to the County and other requisite local entities for
consideration and adoption pursuant to California Public
utilities Code section 180206, which requires that the
Expenditure Plan be approved by the Board of Supervisors and the
city councils representing both a majority of the cities in the
County and a majority of the population residing in the
incorporated areas of the County, and adopted by the Authority,
before being presented to the electors, and
WHEREAS, the Expenditure Plan provides for specified
transportation facilities and services to be funded, in part, by
a retail transaction and use tax of one-half (1/2) of one percent
(1%). This tax will take effect only when the existing retail
transaction and use tax of the same amount now imposed by the
Traffic Authority terminates. Also, the tax will take effect
only if approved by a majority of the voters voting on the tax
proposal, and
WHEREAS, as a consequence of the Supreme Court decision in Rider
v. County of San Dieao,_l Cal.4th 1, a question exists as to the
authority of local transportation authorities formed pursuant to
Division 19 of the Public Utilities Code to levy retail
transactions and use taxes approved by only a majority of voters.
The Rider decision held that local public entities formed after
1978 which lack the authority to levy property taxes might or
might not constitute special districts for purposes of California
Constitution Article XIIIA, section 4, depending upon the factual
circumstances of the case, and
WHEREAS, it is in the best interests of the residents of Santa
Clara County and of other counties in the region that the
transportation projects addressed in the Expenditure Plan be
implemented, and that there be continuity in the available
sources of funding for such projects in order to prevent the
irretrievable loss of available Federal and state matching funds.
The intent of the resolution is to establish an authority to
carry on the work of the Traffic Authority after its termination
and to undertake other transportation projects, and in
recognition of the constraint which Rider v. County of San Diego
has placed on the ability of local governmental entities to levy
taxes for specific purposes.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Saratoga that the city of Saratoga approves the Creation of Local
Transportation Authority, Composition of the Authority, Term of
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Office of the Members, Powers and Duties of the Authority,
Termination of the Authority, and the Expenditure Plan, according
to the outline attached as Exhibit A.
The above and foregoing resolution was passed and adopted by the
Saratoga City Council at a meeting held on the 3rd day of June,
1992, by the following vote:
AYES: Councilmembers Anderson, Clevenger and Stutzman
NOES: Councilmenœr Mania, ~1ayor Kohler
ABSENT: None
.~~
~~yor
~
ATTEST:
~
Deputy
c!,~
city Cl{fK
EXHIBIT A
S!C:~ION 1. CREATION OF LOCAL 'rRlNSiORTA1'ION AUTHCRI!'Y.
1.1 The=~ is heraby c:aatad the Santa Cla:a Count7 Local
'I':an:spor:.A1:.ion AU1:.h.crit:¡ ('·Au~h.c:ri-:7") pursuant to 'Public
Utilities Code secticn 180050.
SECTION 2. COKPCSI'I':CN or TEE Aut.rSORIn
2.1 ~h. Au~hor~ty shall ~:nsi.~ of fivR (;) vo~inq
members as follows:
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2.1.1 Cne member of ~~e Santa Clara County Board of
Saperv !.:;su.c',S appoi:~:t:ed. by th.'1-: 1::o~d.
2.1.2 'rYe members rapresentL'1q th.e Ci t-¡ of San Jose
ccnsisting of t~e mayor t.hereof and a member of tne San Jose Cit']
Council appul.l1t.ed by t.."'. council.
"2.1.3 ~AO members representinq the other cities in
the county appointed pursuant to section 2.2.
2.2 The mtmt.bers rvp.r....s.nt.i.tJ.c¡ 'the o1:he: c.L~iG= i:1 't.he
coun1:7 shall b. appointed in the fallowing manner:
2 .2.1 The c1 ties lhall be d.i v1ded into ~¡fQ zones 1
the ncrt:J1 zone anc1 the 80Uth ..uu..
2.2.2 The north zone lhall include the Cities of
Los Altos, Los Altos Hills, 1lilpitu, Kountain View, Palo Alto,
Santa Clara,·, and. Sunnyvale.
2.2.3 Tho .ou~~ zona .ball includA the Cities of
Campbell, Cupertino, Gilroy, Loa Gatos, Kent.. Sereno, Morgan Hill,
anct Saratoga.
2.2.4 The mayors f%om the citie~ in·.8ch zone, by
majority vate, Ihall appoint one Jnayor or council member from
their respective aoneto serve on the Authority.
2.3 ~he:e shall also b~ five nonvotinq members of the
Authority I 'each of "holl shall have all t~. ri.ghts of a voting-
member except the right to vote, as folloW8:
2.3.1 One member appoin~.d by the Santa Clara
County Transit District which is organized. under Part 12 ot
Division 10 of the Public Utiliti.. Code.
2.3.2 On. member a[Jpninted by the Metropolitan
Transportation Commission which is organized under Title 7. 1 of
the Government Cod.e.
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2.3.3 One member appnin~ed by the Peninsula Rail
Joint Powers Boa~ which is orqanized under Division 16 of the
Public Utilities Code.
2.3.4 On. _.V",)o.9,.. appoint:ed by t.h,. ConC¡Qstion
Kenagement Agency designated under Chaptar 2.6 of Division 1 of
Title' of the GoVernllent Cod.e.
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2.3.5 one member appoin~ad b:r the Department of
.'1'raJUlportation.
:2 .4 An alte~t. may be designated for each voting
mab~J: of t:h. Au-tboJ:!.t.y. The "yor of San .10.. may d..iQnate an
elected offi~ial of San Jos. to serve a. his er her alternate. In
the case of åny other wting' member, the appointing local
c¡overnment{s} may designate an alternate elected official to the
:oqular appoint.ed membe:. The al~erna~.'. .lected official te:m
of office shall be U. 8..e as that of 'the røc¡ular m4ilDl.Þer. When
theregulu member 1.8 Dot present at the m..tine¡ of the Authority!
t.h. altezmat.. ..y ac't a. 'the 2:89Ula: _lII1>9r and. .hall have all the
right., privileges, and responsibilities of the regular member.
2 . 5 I f any voting' 1IItJDber c..... to be an elected
official, t.hat. ð...!"'~-::" shall e.... to be a _tnbtJr of th~ Au't.'hn-ri.-t.y.
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SECTION 3. TDK OF OP'!'IC'I
3. 1 Except as provided in section 3.2 and except for the
mayor of Saø .:roa. who shall be a raubt": .0 lone¡ aa occupying the
office of mayor, the voting member. of the Authority ahall serve
for a term of two years.
3.2 A.t tha first: meeting nf t.h... Authority, t.hree of the
votinq members shall ~e selected by lot to serve terma consistinq
of .t1?-e remaining mon.tha of the Cu=1:ent calendar year, if any, plus
two !'Qa%'a, and the rømainlnCJ 'two vo'tinq aembe:rs shall be selected
~y lot to serve a term consisting of the remaining' months of the
current calendar year, if any, plus three years. Thereafter,
.ppoin~n~. fo: all -..hers shall bø fo? two year ~arma,
beq1zuût1g' on January 1.
SEC"rIOtI .. 1'O'tIDS AND DtJ'lIU
4..1 The Authority shall adopt rul.. for its proceedinqs
_conaiatent with the l.w of t.he State.
4.2 A 1II&jority of the voting ItfIIIIbers of the Authority
.hall oona1:J.~ut.e . quoZ"\am fa: thAt t:rariaaction of bu.ine.., and all
official act. of the Authority shall require the affirmative vote
of:.. II&jor1 ty of vo't1nc¡ 1Ø8IIbers, unJ.... o'therw1.. provi~<1 by
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1&1' . 'rhe Authori t.y may t::ansac,: business even though non,~votìn9
m~r. may be aC.ent OJ:' not appoin1:~.
4.3 '1'he acts af the Authority shall be expressed by
motion, r..olution, or ordinance.
4.4 All JlUMtings of t:1'wt Authorit.y ahall be conducted
pursuant to Chapter 9 (cODmIeacinc; with Section 54950) of Part 1 of
Division 2 of Title 5 of the Government Code.
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4'.5 'The Authority shaU dn 411 of the following:
4.5.'1 Determine the use of the r.venues in
c:cnfOJ:manC8 with the adopted Expenditure Plan.
4.5.2 Adopt an annual budgAt.
4.5.3 Fix the compenaation of its officers and
.mploy....
4.5.4 Adopt an ..d~in{Atr.ativQ code, by ordinance,
which prescribes the powers and duties' of the Authority"s
efficers, 'the method of appointment of the Authority'¡ employees,
and method., proeedur.., and 8yatR1IItc of operation an~ manaqement
of the Authority.
4 .5. 5 Prepare and adopt an annual report by January
1 of aacb y.ar on the progro.. in completing O~ administering the
projects and servic.. identified in the Ixpenditure Plan.
4 . 5. & Cause an independent poat&udi t of the
financial ~z:u..c~ions and reeord. of·1:'h. Authnrit:y tn b8 made at:
1...1:, annuai1r by . certified public accountant I to ensure that
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eXpenditures by the Authority are necessary and reasonable in
èA::7iD9 ·OU~ the Au~bori~'. ~.pon8ibil~~i.. ander t~;~
...olut.iem, and 11\ eonfc:mance to the Expenditure Plan.
4.6 The Au.thority may <10 any and all things permitted by
Div1.~on 19 of t~ Public U~iliti.. Code, or nQQQsaary to car:y
. ( ou:t: t:h. purpo... of t.h.e Authority.
4.7 Notice of the time and place of the public hearinq
for ~ .dDpt~on of ~h. annual budg.t shall b. published pursuant
to Sec'tion 6061 of the Government Code, and shall be published not
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later than the 15th day prior to t.he date of the heu-inq.
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- 4.8 Th. propo.~ annual budqet shall be av.ilabl~ f.~r.
pu1)lic inspection at 1....t lS days prior to the hearing.
4.9 ·'Ehe Allthority IhAll consult wit.h, and coordinate its
actions to ..cur. funding for the projects sp4~ift~ {n thA
ExPenditure Pl:an, with t.he cities in the county, the·Santa Clara
Count.y Beard of Supervisor., the Santa Clara Còunty T:&NI it
District, the Peninsula Joint 'Pnv..rSl Soard, the MetrOpolitan
Transportation COl'IILisaion, the Congestion Management. Agency, and.
the Depax-..:nent of Transportation, for the purpose of integz'atinq
t.he p:.coj4lCta with the transportation imprcvemAnt pl anA aTld
operations of other transportation aqenci.. impac:t.inq.the county.
t .10 The Authority may IIÙ. contracts and enter into
.t.ipulat.~oft8 of any nature what:soever, either in eonnêction with
.., n~lit domain procHd.1nt¡1l or otherwi.e, inc ludin~, but not
limit.ed· to·, con:tracta and. atipulat10na to indtlDl:n.ify and held
harml....,· ~o .-ploy laboz, and t.o do all act:. n8C!...~ and
con.veniel1t. for t1w full exercise of the powers granted in this
division.
. '.11 Tho Au..t:,ho~i..ty may hue an i.nå4ape~l\~ .'taff of its
own Or 1I&Y contract "i t.h any c1epl.%'tMnt. or agency of the Un1 t,ed
- . St.at..., with any public aqenë:yr inc:ludin9, 'but not. limited to, the
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Department of Transportation, any county, city, or district, or
with any pa:aon o~ a priva~& 9nti~y upon any tp.rm~ ~nd c~nditin~R
(. t:hat the au'thority fincia in it.s best interest fer t.he proc::urement
of engineering, project man.aq.ent, and contract management
.~1ce.: hov~z, the ~u~hority ahall rely, tn ~hA .~.nt
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.po..1bl., on existinq State, r99ional and. local transportation
plannin9 and programminq data and local experti.e, rather than
, on duplioatiVA etaffin9, planning, ~ prcq.rammin; efforts,
4.12 Contracts for the purchase of services, supplies,
equipment, and materials in esce.. of ten theusand dollars
($10,000) .hall be awarded t.o th... lowe.t. responsible bidder after
competi ti ve bidding, except in an emerg8ncy declared by the
Authority or by an executive committee to which the Authority has
deleqa'tAd rftspnn.l'i.bility t.o make that declaration.
4.13 If, after rejectinq bids received, the Authority
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" determines and declares that, in ita opin.i.on, the services,
.uppli.., equi~n~, or materials may be purÇhased at a lower
price on the open market, the authority may proceed to purchase
these .ervic.s, supplies, equipment, or materials in the open
market: vithou't further oba4rvaneA of t.he provisions re9ard.inq
contracts, bids, or a<iverti...nts,
. SBC'rIOB 5. ftJQIID.TIOlI or A:U'J:J!ORIfi.
5.1 The Au~hority shall ~.rminat. as of November 4, 1992
if a .retal1 transactions anQ us. tax measure submitted for voter
approval at tb8 election to be held on RovemCer 3, 1992, should
fAil ~o :cae1ve a ..jo:i~y vo~. of ~h. .lec~n~ voting ~hereon.
5.2 The ~thorlt.y ,ball"clo.. It:. affairs ancI be
terminated on t.he later da'te of (a) t'VO year. af'ter the Authority
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i8 no longer authorized to levy a r9tail tran8ac~ions and use tax
approved by ~ho ve~.:a, or (b) within 180 days attA~ the
c.ompletion of the capital projects li.~ecl in the !zpendituZ'9 Plan,
.s such plan may be amended from time to time, and upon reti.rement
of 0.11 tbe bond.8 &v;t.hcris4td 'to be i..ued by t.hflt J.ut.na1:'i tý.
SECTIOH 5. APP'IOVAL 01' IDDDI~ PLAN.
. 6.1 The Ixpenditu.Jlan 1. henby approved pursuant to
Pub11c atil.1t.1.. Coc:!a sect:ion t80206{b).
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'tHE $~A ~COUN.'I"l
TiW~e . -ONG PltIIf
~ ~$ If ra c~ iWA! (EXPENDITURE PLAN)
,.o,esc M'D 'DEVlt.O»1D BY 'l'D
crnZZH8 COAI.l"r'ION I'oa '.t'JtAf1'tC UI.XU
The expenditure plan coaaiats of three tran-portation
elements: ra11 transit, express bU. t~anait, and hi;hway..
The 8pec1lic project. have been ..1.c~.4 for theit ability 1to
alleviate traf!ic conq..tion. improve air quality, and
&~tr&ct req1onal, state and federal fund. ~c maximize the
bu.y1n9 power of local 4011&r..
Each p~oj.ct in the plan 1. henefic1al on Lt. own merit., but
i. fur~h.r enh&nCe4 .s & ~ortion ot ~h. ove~.ll .y.~em ot
tranait and tra,nsport:a.t1cn improvement.. tc keep Santa Clara
County t:esi4ent" and. workforc:e, mov:1.nq.
!he apec1fic projects are a. follow.:
I:W& 'rUIJ1:t:" -!.IPN1
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1. -:rASMAN J",IGH'r RAIL EXTJ.NSION
c..cr1ptiQn~ W111 Extend the current li;h~ ra11 wystem 12
mil.. from K11pitas tQ Mountain View, parallel to H1qnway
237.
Ce.t: *306 million for cap1tal, cpera~1on and ma1ntenance.
2. RIXONT - SOU'tK lAY C:OUIOOR
Des~~lptlcn: Will build a new rail extenl10n in Santa
C1.UI. Co\U\t.y to CObneet. with IAaT in All.D\ec1& County.
Coat; $99 million toe ~'p1tal, oþera~1en Aft4 ma1ntenan¢e.
3. CALTJtAIN CO"ItN.,·..d:1:.A RAIt (DOW!frOWN SAN JOSE NOJ'1'H)
Deacr1pt1on: Inar.... Cal-T~ain rail ..rv1ce by 6S
percent, fram 60 to 100 trains per daY, frem downtown San
Jo.. ta Ian rtanc1aco. This !.nclu4.. atation 1mprovøilntl
and .1.atr1!1ca~1oft of the 11n..
COlt: '14~ m111ion fot capital, operation and ma1nte~..
4. CAL'r'U.IN COHMU'1"lR nIL (t)OWN'tOWN SAN JOSE SOU't'B)
D.scr1ptlon: Increa.e planne¢ frequency of ..rvice, !~om 8
t.o 16 txa1na per <Say, on the Cal..'t:r.,1n rail line frcm
downtown Ian Jos. to Morgan 1111 and Gilroy.
Co.~= '37 million fo~ c&pi~.l, operation and m&1n~.n&~ce.
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S" VASONA LIGH"r 1tU~ UDNSION
~..cx1ption: IXtan4 the current liqht rail line 6 miles,
fr~ downtown San Jos., throuqh Camp~ll, to Loa G&tol.
Cost: *165 milliQn for capital, op.~ation And maintenance.
6. CAJl~L - DoWN'rOWN EVDGUEN IAIL Ir.rINSION
D.script.ion: Thil wow.c! connect to t.h. 'ralmC t.i-;ht I.&il
extension at. Bcst.etter 'lead In M11p1.~U\North l.an Jo..,
an4 exten4 rail 14 mil.. through lalt san Jo.e and
EverGreen, anå then on. to d.owntown san Joa..
Cast: '238 million for capital, cperat10n and maintenance.
7. S"rI:VDS CUB RAIL J..'X'fDt5ION
De.cription; this 9 mile ral1 line would run from downtown
San Jose, throt19h Santa Clara, tQ C::up.rt.1no, on 0: neat
It.vena Creek Soulevard. .
COltl '260 million for capital. Qperat10n and maintenance.
8. SUNNYVALE · CU'ER~INO RAIL !Xr!NSION
Desc:iptiQn: This . mile line wou14 connect. with the
'rallm&n light rail line near Highway 237 and Lockheed,
proaee4 t~ou9h 1)cwntcwn SUMyvale a114 on to Cupertinc.
Coat: .140 million for cap1tal, cperat10n and maintenance.
9. AUW)!JI U»GIADE - DOUBLZ ~1tt\CI'.
tMllct':i.pt1on: ni8 \1111 doubletz:ack the 1 mil. Almaden.
b~.nch of the eX1at1nq Gua4alu~. light rail line.
Co.~: '1 million for capital construction.
!!ðH I!li m.un IWIIl!l
1. tllUPD BUDSS" COMM1.1TD :aUS SUVICI
Ðe.~r1pt1onl ~h1. will add 30 new bua.. aDd .ev.~al aew
raut... t.o th.e "au,.: Ixpt:...I, bUll .ystem. The.. bu... 90
c11:r:.ctly f1:OII.\ nei..ghborhCloð,. t.hJ:-ou;hout t.h. County t.o major:
employm.n~ centers 4u~1n9 commut.e hou:a, and are time
c:cmpet.it:1ve with the autœoÞ11e. Mew rout.. to be .erved
shall include the followift9 major employment are.l: ¡
1. Stanford Jark (lal0 Alto): Which include. Syntex',IAlza, He"lett Pack.ard, I'IM, Va.r1an, Watkina Johnson,
Xerox, and others.
2. Moffett (Sunnyvale1t Whlçh 1ncl~d.a IlL, Mar~1n
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,..--. 3.
4.
S.
Marietta, Lockheed, and otherl,
Ql'eat Ame:ica (S&n1:.& Cla.ra); Which includ.. Intel,
Syncp~ics, Advaac.4 M1cto Davie.., Siemens, Northern
r:elecClft a.n4 ot.1\e:l:8.
VallcQ\t>e An.... (Cupertino) I Which 1nclud.ea Hewlett
'ackal'è1, Apple, '.ran4em, M....ur.x I.A4 ethers.
Snoreline (Nt. Viewh Whicb incl.. Silicon Graphics,
Alz.a, Sua IUcre.yet.ama, Hewlett ".ckarl! and others.
Ceat: *54 million for capital, operation and maintenance.
2. TRANSIT anVIcE FOR 'DISABLED SINtOU AND 'rUMIX-r 1)UIHDDrr
De.cr1pt1Qn: 'rh.is .."1c:. will 'PJ:'ovJ.c!e trans! t fer
disabled &n4 handieappe4 citizens, .. called for in the
"~rica.na w1"th Ðiaa.bilit.i.. Act.."
Coat: $217 ml11ion
8IGHWAY ,r.'CMDT
1. K'lASU'RK ). U'lWtCDIINTS
D.scription: Enhancement. to t.he ttM..sure AM syst.em'.
atrategic plan,
1. Improve the 1nterch&n9. at H1¡nway 237\880
in M11p1ta..
Cost: $76.9 million for capital conatruct1cn.
2. Impfov. the interchange at Hi;hway 85\lO¡
in lit. View.
Coat; $23.5 .il11øn tor cap1tal conltructicn.
3. .uJ.ld. interchanc¡.. on Hiqhway 237 at. Mad. and.
M14d.lef.i.eld 'Roaå 1:n. Sunnyvale aQd Mt. View.
Coat; *14.9 millicft fer capital =oA8~ruc~1on.
4. Improve the 1ra-terchang. at Highway 15\87
in So. IU JOII·..
coats $13 million for capital conatruct1cn.
5. Imp~ov. the lnterchang8 at Hiqhw.y 85\101
in 10. 6.-:7.
Coet: '13 million for capital cOnJiruction.
.. W1d.en Highway 85 between lU.;hway 237 &1\4 101 111 Nt.
View.
Coats $3.3 m11110n for capital cOMt.z:u.ct1on.
7. Build a pa:t1&1 1nterch.n;. at 11q~ay 237 and
Lafayette 't~..~ in Santa Clara.
Cost; *2.5 million fo~ capital conltruct1on.
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8. Engineering Costs an4 Rightwof-Way reimbursement to
local jur1.d.ict1ons.
co.~: '41,5 million.
2. SIGNAt SYNclØ.ONIZA1'ION
De.cr1pt1on: Synchronization and co~t1nucu, monitoring
of the t~.ff1c 81,..11 on all eiih~ of tha County', Major
expre..way., ulini v14eo surveillance from a t:affic
ope~at1onl control center: Foothill, Central, L&W%'n~.,
SU 'raul, Montaque, capitol, AlrA&4en, and Or'9on, This
allows lignal t~Dg to be adjusted to m1nlmize con9..tion
4ur1nq peak t:affio houri. .
Cc.t: '13 million tor capital, o~.ratloft and maintenance.
3. K1:GH'W.J."i 81 (GU1I.I)M,tJiJ: JUltWÞt:t)
~.Ieription; UPiradinq Route 87, the Guadalupe Parkway,
from & Burfac. atr.et to a !reeway, between downtown San
Jo'. and Hiqhway 101, by remcvin~ 4 Itopliqhta an4
~u!ldin9 a new aceesl road to the san Jos. International
A1:rport: .
Celt: $26 million for capital construction.
4. H:tGHW~Y 101 (BERNAL IlOi\D TO cocmwœ ROAD)
Deleriptio~: cu~rently, Hiihway 101 haa 4 lane. of
traffic, each way, from the San Mateo count! line until
South San Jo.. at lemal Road, neu IBM.. . ;ht mil..
south, at Coch::ane aoad :i.n Morgan Hill, Hit¡Jhway 101
becON. 3 lan.. ..oh way. In b41tw..n Bernal 1.01.4 and
Cochrane, however, Highway 101 1. two lan.. each way.
Thi. will add on. lane of traffic, each way, over the 8
m11e It.retch.
co.t: .15 m¡111on for capital construction.
Pl.ase note: Coati sited for all projects are bas.4 on 1992
dollars. Amounts 11.t~ a~e tbe local lbaxe n.c...&ry to
levera;e re91onal, Itate aDd, fe4el'al t:\JJ148. Coat e.t1mat::..
adjusted !or inflation tor actual conat.ruetlon ý..r dollars
over the life of the program, have been reviewe4 to en-ute
that p~oject c.~ltal, op.~.tion an4 maiutecaDCe eoata are
accw:ate. 5»ec1al 8IIphal1a has ~e.L'\ placR cn 4evelcp:L1\9 &
pro~.c~ li.~ which would be çomplet.ly built durin; ~ l1f.
o~ the progJ:'a.m 'With pr:ojec:te4 local, 1:8q1onal, s'tat. &Bd
fe4eral revenue.
Several .tep. have be.n taken tc ensure project delivery.
'the.. .1:..p8 lnolude.
1. A eOD...v..t.iv. ..timate of sale. tax revenu.e. "Mea8uz. A-'
..__,__,__,__'_.'_.'_.'M.,_.,_.,_rnl~.'_.'_.'_.'_.'_.'__,__.__
5
estimated an annu&~ 1ncreas. in sales tax revenue of 8
percent. This p:t'09ram is built. on .. conaervat1ve e.timate
of 4.7 percent, which 1. in-l1.ne with curren.t and
projected revenue ;rowth.
2. To .n~. project delivery, the dolla% f1;u:es fQ~
cap1~al eonst~ct1on are based on a cona.rv.tiv.'..timate
of project co.ts.
3. The progr:am' a intent i. t.o bui14 on a '·Pay AI 'You Go"
ba118. Ðebt ..:.-viee on bends can 4tacreu. purchasing
power by .. much a. 25 percent. The7:efore, it il the
Itkted. intent of tbis pro;1:.. to only bond for projeeta ...
nee4ec1 to lUXim.1.ae at.ate and. feüeral c!cllùl, a.s thay
become available.
4. lach proj.ct has been .el.~t.d, in þart, on its abl1ity to
lucce..fully compete for Itat, an4 federal matchino funds
t.o 1W..X1m1ze the buy:Ln; powe~ of local 4cUars. ~he
anticipateã Amount of 8t&'t.e and federal mateh.1ng fun4s
1:>u11t in'to the Expenditure i'J.an.h... been kept at .
cQnservative level, to eaaur. the project liåt will be
d.elivered d.\1r:inq t1'J.e li~. cf the prc9%'am.
fila:explan.myc