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Prop 1B: Infrastructure Bonds

Bay Area Transportation:. Prop 1B: Infrastructure Bonds. 2007 Bay Area Vendor Fair Oakland, CA May 24,2007. California has a Transportation Crisis. Indicators Declining Pavement Maintenance Increased Pressure on State Highway System Growing Congestion Impacts Economic slowdown

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Prop 1B: Infrastructure Bonds

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  1. Bay Area Transportation: Prop 1B: Infrastructure Bonds 2007 Bay Area Vendor FairOakland, CAMay 24,2007

  2. California has a Transportation Crisis Indicators • Declining Pavement Maintenance • Increased Pressure on State Highway System • Growing Congestion Impacts • Economic slowdown • Reduced quality of life • Environmental degradation

  3. Congestion Costs California Billions • Three of the 5 most congested U.S. urban areas are in California • Los Angeles • San Francisco/Oakland • San Diego • Cost of congestion = extra fuel + wasted time + lost productivity • Total cost for California: $20.7 billion every year

  4. $20 Billion Transportation Bond Steps Up • Estimated $4-5 billion to Bay Area over next 10 years • Significant down payment on needs identified in the Long Range Plan, but no silver bullet

  5. Proposition 1B: Statewide Funding At A Glance 5

  6. Proposition 1B – Transportation Bond • The Bay Area expects roughly $2 billion in formula funding and will go after a large share of competitive programs. Millions of Dollars

  7. Proposition 1B: Corridor Mobility (Adopted by CTC February 28) • Total Regional funding of $1.7 billion to address Congestion and Safety in the Bay Area

  8. Corridor Mobility: Ready-to-Go Construction Contract Award Date County Projects Alameda I-580 EB HOV Lane: From Hacienda to Greenville 6/2008 Solano I-80 / I-680/SR-12 Interchange and HOV Lanes Extension 6/2008 Alameda I-580 / SR 84 Isabel Interchange Improvements 1/2009 Sonoma US 101 HOV from Lanes Steele to Windsor River Road (North) 9/2008 Sonoma US 101 HOV Lanes: Rohnert Park Expwy to Santa Rosa Ave (Wilfred) 1/2009 Marin US 101 NB / I-580 WB Auxiliary Lane 3/2009 Sonoma US 101 HOV Lanes from Railroad Ave to Rohnert Park Expwy (Central) 7/2009 Alameda/ SR-24 Caldecott Tunnel 4th Bore 8/2009 Contra Costa Alameda/ I-80 Integrated Corridor Mobility 7/2009 Contra Costa Contra Costa SR-4 East HOV Extension from Somersville to SR-160 11/2010 Santa Clara US 101 Widening and Interchanges from Yerba Buena to I-280/I-680 3/2010 Napa / Solano SR-12 Jameson Canyon Widening: 4 lane alternative 9/2010 Marin US 101 HOV Lanes MSN segment A: SR 37 to Atherton Avenue 6/2011 Santa Clara I-880 HOV Extension from SR-237 in Milpitas to US-101 in San Jose 6/2011 US 101 Widening/Auxiliary Lanes from SR-85 to Embarcadero Road San Mateo 4/2011 US 101 Auxiliary Lanes from Embarcadero Rd to SR 84 (Marsh Rd) Santa Clara 6/2011 Alameda I-580 WB HOV Lane from Greenville to Foothill 8/2011 Alameda I-880 SB HOV Lanes from Marina Blvd. to Hegenberger Road 3/2012 7

  9. Proposition 1B Transit FocusFunds Expected over 10-Years *Subject of regional discussions

  10. Population-Based Transit – Policy Principles • Expand “Lifeline” commitment to low-income communities • Invest in urban core transit improvements to support Smart Growth vision • Provide funding for ridership growth on smaller transit systems • Continue progress in Clean Air bus compliance 10

  11. Trade Corridors State-Local Partnership Transit Security Decisions to be made by CTC after additional program guidance through legislation Eligible Projects will vary Role of MTC and Bay Area project sponsors TBD Other Bond Programs Could Boost Bay Area Projects

  12. For More Information or to Download this Presentation Go to: www.mtc.ca.gov

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