Presentation to Team Texas

1
Presentation to Team Texas

• Mike Heiligenstein
• May 2006

2
183A Status

• Construction is 52 complete
• Completion on schedule for March 2007
• Installed toll equipment test site
• Located on Loop 1 in north Austin
• Seeing approximately 48,000 vehicles per day
• Reading approximately 3,600 tags per week
• 54 HCTRA EZ TAG
• 42 NTTA Tolltag
• Finalizing TxTag interoperability agreement with
  TxDOT

3
183A Kids Day at the Construction Site

• 2nd Kids Day event held on 183A worksite
  adjacent to Block House Creek neighborhood
• March 25th
• 200 families attended
• Focus on construction
• safety
• Equipmentdemonstrations
• Mascot and giveaways

4
183A Bike and Pedestrian Pathway

• Three phase asphalt surface Bike and Pedestrian
  Pathway
• Phase 1 is a 2.4 mile stretch with an estimated
  construction cost of 2.2 million
• The Mobility Authority is paying for planning and
  design
• The Mobility Authority is partnering with the
  City of Cedar Park to submit a STEP grant
  application for Phase 1
• If approved the grant would cover 80 of the
  construction cost with the Mobility Authority
  covering 20

5
290E Status

• 15 million feasibility fund covering development
  expenses
• TxDOT completing environmental assessment
• Draft schematic completed
• Mobility Authority funding TR Study
• Finishing surveys and completing data collection
• Developing and refining traffic model
• CDA procurement process underway
• Short-listed three firms
• Expect to solicit proposals this summer

6
290E Status

• Proceeding with expedited ROW acquisition using
  option to purchase method
• Expedite acquisition schedule
• Lock in the price
• Limit risk of additional improvements to property
  prior to acquisition
• Protect an entire parcel from further development
  while determining what portion, if any, may
  ultimately be needed for project
• Maximize use of limited funds to control more
  parcels early in the process
• Provide an avenue for access and use prior to
  closing
• Prevent lengthy and expensive condemnation
  proceedings

7
290E Status

• Studying financing options
• TxDOT share of project funding will not be
  available until 2009
• To expedite the project the Mobility Authority
  will be seeking interim financing that could
  include
• Grant anticipation revenue bonds
• Short term financing from CDA proposers
• Bridge loan
• Alternative financing for right-of-way to be
  reimbursed by TxDOT
• Ultimate financial package may include
• TxDOT toll equity grant
• TIFIA loan
• Toll revenue bonds
• Subordinated debt from CDA proposers
• Grant anticipation revenue bonds
• Other innovative private capital options

8
290E Status

• Context Sensitive Design process being used to
  gather community input and to identify key
  aesthetic elements that will help guide the final
  design of 290E

9
DBE and Small Business Opportunity Forum

• Held April 11th
• Attended by more than 50 representatives from
  small and disadvantaged business enterprises
• Presentation topics included
• 290E Project scope and timelines
• Contractor requirements
• TxDOTs new DBE requirements
• Certification process

10
Partnership Approach

• Cooperative agreement with NET RMA
• Supporting community organizations
• CAMPO
• Clean Air Force
• Participating in regional Mobility Alternative
  Finance Study
• Supporting TxTag implementation
• Assisting local communities with economic
  development activities
• TRB Sponsor

11
Communication Outreach

• Newspaper insert
• More than 460,000 copies distributed in 15
  community publications
• Targeted media effort produced 45 minutes of
  subsidiary television coverage

12
Communication Outreach

• Launched enhanced Web site in January 2006

13
Communication Outreach

• FY 2005 Annual Report completed
• Distributed to over 800 community leaders

14
Presentation to Team Texas

• Mike Heiligenstein
• May 2006