Transportation Infrastructure Bond

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TransportationInfrastructure Bond
Corridor Mobility Improvement Account
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Transportation Infrastructure Bond

• California Voters in Novemberapproved a 19.9
  billion bond act (Proposition 1B) encompassing
• Highway Safety
• Congestion Reduction
• Air Quality
• Port Security/Goods Movement

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Corridor Mobility Improvement Account
California Transportation Commission to adopt
4.5 Billion in projects

• Qualifications
• Must be submitted to CTCby Jan 16, 2007
• CTC will select projectsby March 1, 2007

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CMIA Program Requirements

• Discretionary Program/ typical county share
  formula will not be followed
• Geographical Requirement60 funds allocated to
  southand 40 allocated to north
• Geographically Balanced,no single region will
  receivea significantly disproportionate share

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CMIA Eligibility Requirements
Main goal of CMIA programTo improve mobility
along highly congested highway corridors

• Each Project Must
• Be on State Highway System ormajor access route
  connected to SHS
• Either, reduce travel time or delay,improve
  connectivity, or improve safety

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CMIA Requirements (continued)

• Each Project Must
• Improve access to jobs, housing,markets, and
  commerce
• Commence constructionno later than December 31,
  2012
• Add capacity with new lanesand provide
  operational improvements
• Corridor Management Plan

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CORRIDOR MANAGEMENT PLANS
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Competitive Regional Projects

• I-15, I-5, and I-805 are located on the highly
  congested interstate system
• Each project
• Will add capacityand reduce travel time
• Has a regional funding commitmentto help
  leverage bond funds
• Will be able to commence constructionon or
  before December 31, 2012

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Early Action Projects

• Corridors
• 1. I-15 Managed Lanes and BRT
• 2. I-5 North Coast Corridor
• 3. I-805 Corridor
• Corridor ManagementImprovement Account
• 4. I-15 Managed Lanes Segment
• 5. I-5 North Coast HOV Lanes Segment
• 6. I-805 Corridor HOV Lanes Segment

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Proposed Corridor Improvements
South Segment Cost 400 Million
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Proposed Corridor Improvements
I-15 Managed Lanes South Segment Construct 4
HOV/Managed Lanes State Route 163 to State Route
56 350 million (Construction) 81 million
Programmed (Design and Right-of-Way) BEGIN
CONSTRUCTION IN 2008 Total CMIA Improvements
350 million
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Proposed Corridor Improvements
HOV / OperationalImprovements Cost 900 Million
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Proposed Corridor Improvements
I-5/I-805 North Coast Corridor Stage 1A
Improvements Unit 1 Extend 2 HOV Lanes Via de
las Valle to Manchester Ave. Reconstruct
I-5/Lomas Santa Fe Interchange 66 million Unit
2 Construct 2 HOV Lanes Carroll Canyon Rd. to
I-5 Construct Northerly Direct Access Ramp from
Carroll Canyon Rd. to I-805 Extend Carroll Canyon
Rd. from Scranton Road to Sorrento Valley
Rd. 102 million Total Stage 1 Improvements
168 million
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Proposed Corridor Improvements
HOV / Auxiliary Lanes Improvements Cost 350
Million
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Proposed Corridor Improvements
Construct Two Southbound Auxiliary Lanes E Street
to SR- 54 19.5 million I-805 South
Segment Construct 2 HOV Lanes Palomar St. to SR-
94 Construct Northerly Direct Access Ramp from
Palomar St. to I-805 350 million
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I-15, I-5, I-805 Projects - Highly Competitive

• Corridor Solutions
• Projects are relatively far along in the project
  development process
• Regional Caltrans Consensus on Candidate
  Corridors
• Significant Regional/Local Funding Participation
• Significant Economic Benefit