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ACTC I- 880 /Davis St- Westgate Pkwy Interchange 3 May 16, 2011 associated features that are .necessary to accommodate existing and future development in the area. The main feature of the City's desired work is the addition of one travel lane in each direction from the 1 -880 southbound off -ramp to the Warden Avenue - Timothy Drive intersection. The addition of the travel lane will improve the traffic performance in this area, reducing congestion at the Davis Street/Warden Avenue- Timothy Drive intersection. The estimated cost for the City's desired improvements to the interchange is approximately $1.149 million dollars. Funding to complete all of the proposed improvements will come from several sources including $549,000 from Federal Earmarks and $600,000 from remaining Measure B Westgate Parkway Project funds. Funding for the HOV lane project is being primarily financed by the Corridor Mobility Improvement Program of the approved State Infrastructure Bond Program (Proposition 1B). Additionally, the City and ACTC have worked together to secure and use Transportation Enhancement funds for aesthetic enhancements for the Davis and Marina Interchanges. These funds will be used to fund the design portion. As the project progresses, additional funds from this source will be solicited for construction. The ACTC and the City recognize that there are inherent benefits to coordinating the HOV lane and interchange projects. The benefits include a robust funding plan that will efficiently use and leverage funding and greater coordination of environmental review, design and construction; providing economies of scale for a reduced overall project cost. This MOU is being prepared to detail the understandings between the City and ACTC. The ACTC will agree to complete the design, environmental clearance and construction of the City's desired interchange improvements. The City will agree to release for use on the project the Federal Earmark funds, collaborate on the Federal Transportation Enhancement funds and make available as required additional funding from the Measure B Westgate Parkway project. Previous City Council Action(s) • On May 19, 2008 by Resolution No. 2008 -054, the City Council authorized the City Manager to enter into a Memorandum of Understanding between the City of San Leandro and the Alameda County Congestion Management Agency relating to the Interstate 880 /Marina Boulevard Interchange Project • On April 7, 2008 by Resolution No. 2008 -036, the City Council authorized the City Manager to enter into a Memorandum of Understanding between the City of San Leandro and Kaiser Permanente relating to the Interstate 880/Marina Boulevard Interchange Project and the Medical - Retail Complex • On July 30, 2007 by Resolution No. 2007 -107, the City Council approved a contractual services agreement between the City of San Leandro and EIP Associates, a division of PBS &J, to prepare the environmental impact report for ICI Development's retail and mixed - use residential development in San Leandro City Council Committee Review and Action Presented to the City Council Facilities and Transportation Committee on December 12, 2007.