Unlocking the Gridlock

1

• Unlocking the Gridlock
• A Strategic Vision
• For Congestion Relief
• Lieutenant Governor Casey Cagle

2
Where do we need to be? The Big Picture on
Congestion
3
Where Are We Now? The Big Picture on Congestion

• Forbes.com ranks Atlanta as the 1 worst city for
  commuters
• Gridlock costs our citizens in wasted gas, lost
  wages and less productivity, not to mention time
  spent away from our families. This is a total
  cost of 1.75 billion a year.
• This does not include lost business
  opportunities
• Atlanta Business Chronicle Headline, March 07
  City's bid for corporate HQ lost in traffic
• Atlanta has lost at least 3 Fortune 500 proposals
  since Newell Rubbermaid Chiquita Brands
  International, MeadWestvaco Corp and the former
  Kmart Holding Corporation

4
What is the Process? Taking advantage of private
investment

• Public-Private Partnerships have proven success
• An estimated 185 billion in private capital is
  looking to be invested in public infrastructure
• Other states have won with Public-Private
  Partnerships
• Virginia 3 billion Capitol Beltway project
• Texas A PPI on State Highway 131 which will
  bring in 4.6 billion in revenues to be used for
  other transportation projects
• Indiana 3.8 billion for the Indiana
  Turnpike
• Illinois 1.8 billion for the Chicago
  Skyway
• Georgia 0

5
What is the process? Local Option Funding

• A regional funding mechanism (TSPLOST) is a
  valuable tool that should be an option for our
  state
• Effective TSPLOST must encompass three points
• Focused on end result of reducing congestion
• Statewide perspective
• Consensus from business community and legislature
• As business leaders, you should have a say in how
  any local TSPLOST plan operates

6
What is the process?

• Set up a mechanism to drive congestion relief
  that makes the most efficient use of all funding
  sources
• Identify key congestion relief projects that are
  in the state
• Empower SRTA to implement those projects that
  have been identified as top priorities

7
What does the future hold?