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importance and convenience of the existing Transbay Transit Terminal facility and its <br />ramps to the Bay Area's transportation system; and <br />WHEREAS, there is no iustification for considering the removal of the existing <br />Transbay Transit Terminal or its ramps for the following reasons: <br />• the existing Transbay Transit Terminal and connecting ramps have and will <br />continue to be able to provide the space needed to meet the expanding <br />needs of AC Transit and other transit providers who currently use or may use <br />the space in the future, without causing any increase in AC Transit's <br />operational costs, while providing the greatest efficiency to AC Transit and <br />its transbay passengers; <br />• the proposed relocated terminal at a Howard/Main/Beale site is not as <br />convenient a location for transbay passengers; <br />• the proposed relocated facility is estimated to cost approximately <br />$126,000,000 to $145,000,000 and no funding exists to cover these costs; <br />• the proposed relocated facility and ramp would not provide comparable <br />adequate staging and storage capacities as the existing Transbay Transit <br />Terminal and ramps, thereby increasing the operating costs for AC Transit <br />and negatively impacting service reliability; <br />• the proposed relocated facility assumes bus service levels and growth <br />estimates which predated the 1997 BART strike; the present service levels, <br />together with the future increase in ridership estimated under AC Transit's <br />Transbay Comprehensive Service Plan, would require a largerfacility initially <br />(at an estimated cost of $145,000,000 or more) and an even larger facility to <br />accommodate the proposed future growth (with a corresponding increase in <br />the cost for the facility); <br />no environmental document has been prepared which considers and <br />compares the environmental advantages and disadvantages of any <br />relocated site against the existing Transbay Transit Terminal and its <br />connecting ramps; and <br />• no comprehensive economic analysis has been prepared which compares <br />the economic costs of a relocated terminal versus retaining and improving <br />the existing Terminal. <br />WHEREAS, a 1998 study by DKS Associates for MTC, which analyzed the proposal <br />by Caltrans to remove the eastern ramp to the Transbay Transit Terminal and make the <br />