September 19 & 20, 2007

Items 4.11a,b, & c

Tabs 15, 16, & 17

Proposition 1B Intercity Rail

Bond Program

How Does Intercity Passenger Rail Fit Into the

Proposition 1B Bond Program?

Intercity Passenger Rail Bond Program

Proposition 1B Contained Several Potential Sources of Funds for Intercity Rail Projects:

Intercity Passenger Rail Bond Program

Public Transportation Modernization, Improvement, and Service Enhancement Account

STIP Augmentation

Highway-Railroad Crossing Safety Account

Transit System Safety, Security, and Disaster Response Account

Trade Corridors Improvement Fund

What is the Process for Developing the Intercity Passenger Rail Capital

Program?

Intercity Passenger Rail Bond Program

Corridor Strategic Business Plan: A “vision document” setting long term

performance goals• Frequency

• Reliability

• Running Time

Identifies projects necessary to meet performance goals

• Fiscally unconstrained

• Based on operational modeling

• Projects usually characterized as Immediate, Near Term, and Long Range

Intercity Passenger Rail Bond Program

Ridership and Revenue Impacts

Financial viability (farebox recovery) of added frequencies, extensions, or new services

Local interest and support

Operating railroad capacity and interest in negotiating for capacity improvements

Ability to relieve congestion on parallel routes

Air quality and greenhouse gas improvements

Intercity Passenger Rail Bond Program

Strategic Plan Performance Goals Consider:

Intercity Passenger Rail Bond Program

Plans Completed

Plans Under Development

Expand capacity to increase frequencies and/or improve reliability

Reduce running times

Improve operations and efficiency of equipment, stations, and facilities and accommodate expanded services

Enhance multi-modal connectivity

Increase farebox recovery

Improve safety and security

Allow new, cost-effective routes

Intercity Passenger Rail Bond Program

Strategic Plan Projects Included in “10 Year State Rail Plan” based on following criteria:

Available funding and requirements

Ability to leverage funds from other sources and partners

Joint commuter and freight benefits

Geographic equity considering ridership, revenue, and past investments

Prop. 1B funds proposed for use on high priority, high cost projects that would not otherwise be funded

Absolute necessity of a project (i.e. loss of service without implementation of the project)

Efficiencies gained by grouping projects

Intercity Passenger Rail Bond Program

State Rail Plan Projects selected for Prop. 1B, ITIP, or other funding based on:

Intercity Passenger Rail Bond Program

CAPITAL PROJECT GOALS

PROJECT/DESCRIPTION Increase Capacity

Reduce Travel Time

New/ Updated Facilities

Increase Farebox

Ratio

Expand Service

Improve Safety & Security

Improve Efficiency & Mobility

Procure New Rail Cars: Acquire Bi-level cars and locomotives

X X X X X X X

Triple Track: Construct 7 miles of track between Commerce and Fullerton

X X X X X X

Rosecrans/Marquardt Grade Separation: Construct separation as part of Triple Track project

X X X X X

San Diego Layover Facility: Design, acquire ROW, construct facility

X X X X X X

Coast Daylight: Capital improvements necessary to implement service between Los Angeles and San Francisco/Oakland

X X X X X X

Van Nuys Station: Construct 2nd Platform serving Amtrak and Metrolink

X X X X X X

LA Union Station: Construct new station track and Platform serving Amtrak and Metrolink

X X X X X X X

Fresno Layover Facility: Design and build storage tracks and related facilities

X X X X X

Sacramento Layover Facility: Design and build storage tracks and related facilities

X X X X X

How Do Proposed 1B Projects Meet Strategic and 10 Year State Rail Plan Goals?

Intercity Passenger Rail Bond Program

Project Approval Process:

Proposition 1B (SB 1266) silent on role CTC to play in approving projects

At June 2007 meeting, Commission concurred in a two step process

Commission Advice and Consent on proposed list of projects

Commission concurrence in Department’s request to proceed with an individual project prior to executing funding agreements

Department requests opportunity to return to the Commission to request modification of the project list because of changes in funding, project deliverability, or cost

Questions?

Intercity Passenger Rail Bond Program