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9/18/84 Page -4- <br />1) Identify feasibility alternative <br />interchange locations <br />2) Define and analyze alternatives <br />3) Evaluate alternatives and recommend <br />preferred alternatives <br />4) Financial considerations <br />5) Documentation <br />6) Local involvement <br />Mr. Yoshioka stated that there hasn't been <br />a lot of money available through tradi- <br />tional funding sources, i.e. the Federal <br />Government who would match 90% of the cost, <br />and we would have to come up wtih 10%. <br />Therefore, the trend has been to go into <br />private financing or cooperative financing <br />of transportation improvements. These are <br />in the form of Metro Districts, Special <br />Districts, cooperative efforts between the <br />State, County, and cities. This question <br />hasn't yet been examined; but is an impor- <br />tant part of the study. This will be handled <br />by one of their sub-consultants TransPlan, <br />Inc. out of Boulder. <br />Meetings are held each month and the meeting <br />is a cooperative one between Broomfield, <br />Louisville, County of Boulder, DRCOG and <br />the State Highway Department. Other cities <br />and counties are invited to attend. In <br />addition they plan to have 2 public meetings <br />in Phase II. When the Phase II study has <br />been completed it will be presented to <br />the Louisville City Council, Louisville <br />Planning Commission, Broomfield Council and <br />Planning Commission, Boulder Planning Com- <br />mission and County Commissioners. Alterna- <br />tive locations will be dropped off to a <br />maximum of 4 and after extensive evaluation <br />one will be determined. The negative as <br />well as the positive aspects of the evalu- <br />ation is a requirement of DRCOG when you <br />go in for an amendment. <br />When an interchange is put in at any lo- <br />cation, one of the primary criteria that <br />DRCOG, the State Highway Dept. and the Federal <br />Highwy Commission look at is does the high- <br />way serve more than just a local function, <br />and what is the connectability to the regional <br />system? Mr. Yoshioka also stated that be- <br />cause this is part of a US highway, part <br />of the amendment process will have to be <br />an enviornmental assessment. <br />