TRANSPORTATION CORRIDOR AGENCY - SAN JOAQUIN CORRIDOR

Home Browse Search

Foothill/Eastern: $516,147,000 $250,228,066 48.5% As of December 1990, estimated corridor costs, subject to adjustment as previously stated, and the portion allocated to new development through the MT &B fee program were: New Development Fees Fees Approximate Collected to be Total Cost Share of Cost % to 8/31/90 Collected San Joaquin Hills: $ 746,920,000 $ 361,810 48.44 $39,510,000 $322,300,000 Foothill/Eastern: $1,699,240,000 $828,790,000 48.48 $74,160,000 $749,630,000 The 1997 SJHTCA Findings and the 1997 F/ETCA Findings set forth additional facts related to the estimated corridor costs and the portion allocated to new development through the MT &B fee program, updated as of June, 1997. In accordance with current Agency policy, new developments within the path of the transportation corridors will be conditioned to dedicate right -of -way and grade the corridor within the boundaries of the development, construct arterial overcrossings for internal arterial highways and construct corridor travel lanes and interchange ramps required immediately for access to the development or for closure of short gaps in the transportation system. The estimated cost of these improvements including the estimated value of R/W dedication in excess of that required for a standard major arterial highway (excluding slope easements) will be considered as a credit against the required MT &B fees to the extent that these costs are included in the fee program. VL AREA OF BENEFIT In order to establish a MT &B fee program, an Area of Benefit (AOB) must be identified within which fees may be required upon issuance of building permits or recordation of final maps to defray the cost of the major thoroughfares and bridges. Construction of the transportation corridors will provide key facilities to ensure that the County's transportation system is in balance with both existing and future land uses. The benefits, therefore, accrue not only to those properties which generate a high demand for use of the corridor but those which will benefit from less congestion and delay on the arterial highway and freeway system serving the property. Implementation of a balanced transportation system, including the corridors, will, furthermore, benefit undeveloped properties by allowing approval of land use to the level in County and City General Plans. It is clear that both existing developed properties and undeveloped properties will benefit from construction of the transportation corridors. Development fees are 2235I2_2.DOC