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Department of Transportation recommending the Board authorize the Chair to sign Cooperative Agreement No. 03-0459 (12-53435) with the State of California Department of Transportation for the construction of the U.S. 50 Silva Valley Parkway Interchange Phase 1 Project, CIP No. 71328 pending County Counsel review and approval.
FUNDING: 2004 General Plan Silva Valley Interchange Set Aside Account/Developer Advance and Proposition 1B State-Local Partnership Program Funds.
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Fiscal Impact/Change to Net County Cost:
There is no fiscal impact associated with this agenda item.
Funding for the construction phase of the U.S. 50 Silva Valley Parkway Interchange Phase 1 (Project) will be provided by two sources: $38.526 million from the 2004 General Plan Silva Valley Interchange Set aside account/developer advance and Proposition 1B State-Local Partnership Program (SLPP) funds. The total current estimated cost for construction and construction engineering for this Project is $39.526 million.
Background:
The El Dorado Hills Specific Plan (EDHSP), adopted in 1987, identified the Silva Valley Parkway Interchange as a key transportation component to accommodate traffic demand resulting from development identified in the plan. A funding source was established in the form of a “set aside account” allocating approximately 30% of Traffic Impact Mitigation (TIM) fees collected in the area toward completion of the Silva Valley Parkway Interchange.
Following the 1987 adoption of the EDHSP, an Environmental Impact Report (EIR) for the Project was prepared evaluating at equal weight two build alternatives (The Ridge Design and the Undercrossing Design) as well as a No-Build Alternative. The Ridge Design was determined to be the preferred alternative. In 1991, the Silva Valley Parkway Interchange Project was approved and the associated EIR (SCH No. 88050215) was certified by the Board of Supervisors.
On June 28, 2011, the Board certified a Supplemental EIR and a...
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