Title
Department of Transportation recommending the Board authorize the Chair to sign the Freeway Maintenance Agreement with the State of California Department of Transportation which defines the maintenance responsibilities pertaining to the U.S. 50/Silva Valley Parkway Interchange - Phase 1 Project, CIP No. 71328.
FUNDING: Road Fund.
Body
Fiscal Impact/Change to Net County Cost
There is no immediate fiscal impact associated with this agenda item. Funding for the construction phase of the U.S. 50/Silva Valley Parkway Interchange - Phase 1 Project (Project) will be provided by El Dorado Hills Traffic Impact Mitigation Fees - Silva Valley Interchange Set Aside Fund, 2004GP TIM-Silva Valley Set Aside, Developer advanced funds, and a State-Local Partnership Program grant. The total current estimated cost for construction and construction engineering for this Project is $39,526,000. The estimated annual costs for the County obligated maintenance of the Project after construction are $90,000 per year for the first five years and $70,000 per year thereafter and will be provided by the Road Fund.
Background
On May 25, 2004 the County and the State of California Department of Transportation (Caltrans) entered into a Freeway Maintenance Agreement defining the maintenance obligations for both the El Dorado Hills Boulevard Interchange and the current Silva Valley Parkway under crossing. Subsequent to that Agreement, on June 6, 2012 the County and Caltrans entered into Cooperative Agreement No. 12-53435 for the Construction of the Silva Valley Interchange.
Reason for Recommendation
As a condition of Project implementation, execution of this Freeway Maintenance Agreement is required to define the maintenance responsibilities for the Project upon the completion of construction. This Freeway Maintenance Agreement will define the maintenance obligations for the Project and supersede the May 25, 2004 Agreement relative to the Silva Valley Interchange Project area iden...
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