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grading, improvements or dedication are completed and <br />accepted by the Agency and funds are available for <br />reimbursement as determined by the Agency. <br />The guidelines for determination of fee credits are as <br />follows: <br />1. General <br />Credit for right -of -way dedication, grading, and other <br />improvements will only be given to the extent that the <br />cost of such right -of -way or improvements are included <br />in the calculation of fees in the Major Thoroughfare <br />and Bridge Fee Program. <br />2. Right -of -Way <br />Credit will be given for right -of -way dedication at <br />the rate of $50,000 per acre adjusted in accordance <br />with the California Construction Cost Index, or <br />comparable index selected by the Board, currently <br />$52,546 per acre, except for slope easements and a <br />120- foot -wide strip along centerline of the <br />transportation corridor which would normally be <br />required for arterial highway dedication. <br />3. Grading <br />Credit will be given for earthwork, road and slope <br />drainage, buttressing, stabilization, hydroseeding and <br />erosion control at the following combined rates: <br />SAN JOAQUIN HILLS TRANSPORTATION CORRIDOR <br />Original /Current <br />Corridor Segment Credit Rate <br />Jamboree to Station 511+50 $149,784/$157,410 per acre <br />road easement <br />Station 511+50 to Moulton Parkway $124,132/130,452 per acre <br />road easement <br />Moulton Parkway to Paseo de Colinas $124,915/131,275 per acre <br />road easement <br />FOOTHILL /EASTERN TRANSPORTATION CORRIDOR <br />Foothill /Eastern Corridor $137,060/$144,038 per acre <br />road easement <br />-33- <br />