Agmt 2009 Kimley-Horn & Associates Inc

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4.2.2 Evaluate Funding Options and Target Allocations We will work with the City to review any preferred approaches to financing public improvements; City's previous experience with grant financing; appropriateness of in-lieu improvements through development agreements; the amount of General Fund, tax increment, or other funding sources that might be available; history with creation and operation of assessment districts; and any other considerations on potential funding sources. Our team will use this information and the information from Task 4.2.1 to provide the team with a range of potential financing, to inform ongoing design and engineering work. Based on this information, we will recommend and review with the City a target allocation of improvement costs to these various sources. 4.2.3 Evaluate Grant Funding Options Our team will evaluate potential federal, state, MTC, County, and other grant funding sources that will be appropriate for the proposed improvements. This work will involve identification of specific funding sources, requirements, timelines, and available funds. This information will be used to develop an estimate of potential grant funding that might be available for the project. 4.2.4 Evaluate Assessment District Issues and Apportionment Methods The Kimley-Horn team will evaluate options for assessment districts, including a community facilities district (Mello Roos), community benefits district, or other assessment district to fund capital as well as ongoing operating costs. This evaluation will address pros and cons of these sources and identify legal requirements. We will also prepare an allocation of costs for the special assessment district, based on a detailed benefits analysis and legal requirements. Our team will develop a formula for each improvement cost, based on appropriate benefits received. These may vary from a per square foot of land, per square foot of building, lineal feet of benefit received, or similar metrics. 4.2.5 Prepare Financing Strategy Memorandum This final task involves preparation of a financing strategy memorandum that incorporates the research from previous tasks and sets forth a recommended financing strategy. A draft memarandum will be prepared and reviewed with the City, and comments incorporated into a final draft. Team members will advise our team on the incorporation of the financing strategy into the implementation plan for the project. 4.3 Implementation Plan The implementation plan will be comprised of: • Identification of design and construction related issues and recommended resolutions based on community and stakeholder input. • A thoughtful assessment of alternatives that expedite the selection of a preferred alternative. • Preliminary engineering plans for the preferred alternative of San Leandro Boulevard from Williams Street to Davis Street containing signing and markings, curb work at intersections and San Leandro Blvd-BART Interface Plan June, 2009 30 of 38