Board of Directors | Item 1Friday, October 22, 2021
1
Social EquityEarly Action Transit Pilots
SANDAG Board of Directors| Item 46 | October 22, 2021
| 2
Social Equity CommitmentSANDAG Board of Directors – February 12, 2021
We hold ourselves accountable to the communities we serve. We acknowledge we have much to learn and much to change; and we firmly uphold equity and inclusion for every person in the San Diego region. This includes historically underserved, systemically marginalized groups impacted by actions and inactions at all levels of our government and society.
We have an obligation to eliminate disparities and ensure that safe, healthy, accessible, and inclusive opportunities are available to everyone. In 2021, SANDAG will develop an equity action plan that will inform how we plan, prioritize, fund, and build projects and programs; frame how we work with our communities; define how we recruit and develop our employees; guide our efforts to conduct unbiased research and interpret data; and set expectations for companies and stakeholders that work with us.
We are committed to creating a San Diego region where every person who visits, works, and lives can thrive.
1
2
DRAFT
Board of Directors |Item 1Friday, October 22, 2021
2
Special Thanks to members and friends of the SANDAG Social Equity Working Group!
• Lisa Cuestas (Casa Familiar)
• Belen Hernandez (Mid-City CAN)
• Craig Jones (Alliance for Regional Solutions)
• Carolina Martinez (EHC)
• Rosa Olascoaga Vidal (Sup. Vargas’ office)
• Barry Pollard (Urban Collaborative)
• Randy Torres-Van Vleck (City Heights CDC)
• Pete Casellini (MTS)
• Katie Persons (NCTD)
| 3
Proposed Fare Subsides• Near-term Action to study fare subsidies for people with low incomes,
students, seniors, and/or youth
Proposed Transit Operating Funds• Increased frequencies and spans of service on core local routes• High frequencies and all-day service on new Rapid and Commuter
Rail routes
| 4
2021 Draft Regional Plan Projects and Policies
3
4
DRAFT
Board of Directors | Item 1Friday, October 22, 2021
3
Pilot Budget(FY22 - FY24)
• Total Available: $8 Million
• Youth Fares: $6 Million
• Transit Improvements: $1,750,000
• Education/Outreach through CBOs: $200,000
• Research Study: $50,000
FY22 Budget Amendment: $2.13 Million
FY23 & 24 Budgets: $5.87 Million
| 5
Congestion Mitigation and Air Quality Improvement (CMAQ) Program
CMAQ Goal:
Helping urban areas meet air quality goals and supporting investments that encourage alternatives to driving alone and improve traffic flow.
| 6
Funding
5
6
DRAFT
Board of Directors | Item 1Friday, October 22, 2021
4
Pilot Concepts – Free Fares for Youth
| 7
• Youth 18 and under
• ~ $6 Million/year (using FY 2019pre-COVID data)
• MTS: $5.3 Million/year• NCTD: $0.7 Million/year
• Youth 24 and under (considered)• ~ $35 Million/year
• Considerations• Need to fairly reimburse MTS and NCTD for lost revenue• Will there be massive spike in demand on some trips?
Pilot Concepts – Add trips to Core Routes in Underserved Areas
| 8
Add transit service on weekdays andweekends on routes with infrequent service, or late-night service that ends too early
• Routes:• 3: Euclid Transit Center to UCSD Medical Center• 4: 12th/Imperial to Lomita Village• 13: 24th St. Transit Center to Kaiser Hospital• 906/907: Iris Avenue Transit Center to San Ysidro• 929: 12th/Imperial to Iris Avenue Transit Center
• Other routes also under consideration:• 5, 7, 12, 215, 701, 704, 916/917, 961, 962, 965, 967
7
8
DRAFT
Board of Directors | Item 1Friday, October 22, 2021
5
Pilot Concepts – Education and Research
| 9
Education and Outreach:
• Use CBO stakeholders to help spread the wordabout both the Pilot efforts and transit in general
• ~ $200,000
Research:• Conduct research to demonstrate benefits
• ~ $50,000• Qualitative interviews (before and after)
• Much like the San Diego Unified Youth Opportunity Pass pilot
• Quantitative data• Work with researchers, stakeholders, and elected officials to find best measurements to use
• CMAQ Requirements
Timeline
OCTOBER 1, 2021
Transportation Committee
| 10
SEPTEMBER 23, 2021
Social Equity Working Group forwards recommendation to TC and BOD
DECEMBER 2021
2021 Regional Plan Adoption
OCTOBER 22, 2021
Board of Directors
9
10
DRAFT
Board of Directors | Item 1Friday, October 22, 2021
6
Timeline
| 11
SEPTEMBER 2023
Research results made available
MARCH 2022
Free youth fares start
Education and Outreach start
SEPTEMBER 2022
Transit service increases start
JUNE 2023
Pilot Ends
TC Recommendation
| 12
The Transportation Committee recommends that the Board of Directors approve an amendment to the FY 2022 Program Budget to:1. create new Overall Work Program Project No.3505000 for the Early Action Transit Pilot project; and2. program $2.13 million of Congestion Mitigation and AirQuality Improvement funds to fund the project.
BL4
11
12
DRAFT
Board of Directors | Item 1Friday, October 22, 2021
7
Thanks!Questions?
SANDAG Board of Directors| October 22, 2021Item 46 – Social Equity Early Action Transit Pilots
13
DRAFT
1
Bridging the Digital Dividein the San Diego Region
Board of Directors – Item 2October 22, 2021
22
High-speed internet access is critical to economicopportunity, education, and public health and safety
1
2
Board of Directors | Item 2 Friday, October 22, 2021
DRAFT
2
3
Digital infrastructure and broadband is essential to transportation
AK75AK78
4
State and Federal Directives
• Executive Order N-73-20: Directs stateagencies to increase access to broadband statewideat 100 Mbps and to develop a state action plan
• SB 4 & AB 14 California Advanced ServicesFund (CASF) Bills: Modifies and improvesthe CASF administered by the California PublicUtilities Commission to subsidize digital equityprograms and development of broadband facilities.
• SB 156 Broadband Budget Trailer Bill: Invests $6billion to build a statewide open-access middle milenetwork, deploy last mile connections, and financebroadband projects.
3
4
Board of Directors | Item 2 Friday, October 22, 2021
DRAFT
3
5
Regional Directives and Actions
• SANDAG Board Resolution 2021-09: Commitment to develop a Digital EquityStrategy and Action Plan that leads to rapidbroadband deployment and increased broadbandadoption
• SANDAG Digital Divide Taskforce: Convenesmultidisciplinary stakeholders todevelop a Regional Digital Equity Strategy andAction Plan
• Southern California Transformation: Convenespublic and private sector leaders acrossth SANDAG d SCAG i
MA72AL1
We envision a region where everyone has access to high-quality broadband connectivity and the tools andskills needed to use technology to improve their lives.
AccessHigh-quality broadband service is
available to every household in every community.
Affordable high-quality broadband plans are available to
everyone regardless of income.A secure device and privacy
preserving access are available to everyone regardless of income.
AdoptionEveryone has the digital skills, tools, and
resources needed to safely, securely, and privately use information and
communication technology to improve their lives.
Digital content is designed for everyone to access with ease regardless of ability,
age, income, or language.
MA73AK77
5
6
Board of Directors | Item 2 Friday, October 22, 2021
DRAFT
4
7
Digital Divide in the San Diego Region
• 94% of the population in urban areas of the region have access to broadband,compared to 66% in rural areas
• 21% of households earning less than $50,000/year and 17% of seniors age65+ do not have a broadband subscription and/or computer at home
• 20 – 40% of students in many local districts lack home internet access
• 39% of businesses and 42% of employees reported problems with poorInternet access while working at home during the pandemic
8
Fixed broadband services are not available in rural areas and tribal lands in the San Diego Region
Source: CPUC (2019)
7
8
Board of Directors | Item 2 Friday, October 22, 2021
DRAFT
5
9
Low-income households are less likely to have internet at home
9
Source: ACS (2019)
Notes: Low-income households are defined by reported annual income below 200% of federal poverty threshold.
10
Broadband provider choices are limited in the San Diego Region
Source: CPUC (2019)
9
10
Board of Directors | Item 2 Friday, October 22, 2021
DRAFT
6
11
Hotspots are not a permanent solution: Speeds for mobile broadband are lower than fixed broadband
Zip Code Community
Median Download Speed
(Mbps)
Median Upload Speed(Mbps)
91980 Tecate 10.05 4.03
92086 Warner Springs 20.81 10.09
91906 Campo 19.44 6.65
91934 Jacumba 11.70 0.82
92060 Palomar Mountain 5.70 5.17
91931 Pine Valley/Guatay 2.62 0.65
92259 Ocotillo 13.56 0.75
ZIP codes with lowest median fixed broadband download speeds
• 51 ZIP codes don't meet 25 Mbps download speed using mobilebroadband services
• 7 ZIP codes don't meet 25 Mbps download speed using fixed broadband services
Source: Ookla (2021)
12
11
12
Board of Directors | Item 2 Friday, October 22, 2021
DRAFT
7
13Source: CPUC (2019), SANDAG (2021)
Fiber infrastructure is prevalent in urban areas but not in rural areas.
Public sector fiber can be better utilized.
AK76
14
Slow and costly broadband deployment
Local agency permitting and policy practices
Lack of organized and accessible information on policies and permitting
Inconsistencies in permitting and implementation practices between jurisdictions
Uncertain timelines and cost
Restrictive policiesand prohibitive conditions that don’t comply with FCC Guidelines
Lack of standards for microtrenching and Dig Once isn't working
13
14
Board of Directors | Item 2 Friday, October 22, 2021
DRAFT
8
15
Strategies to improve broadbandaccess and adoption
Build consensus that high-quality, reliable, and affordable broadband is an essential public service that contributes toward greater equity.
Incorporate broadband into regional and local plans.
Drive the expansion of a resilient, reliable, and redundant open access middle-mile fiber network.
Build collaborative partnerships with ISPs to connect middle-mile expansion with last mile deployment in hard-to-reach areas.
Strengthen partnerships with and between public agencies, community-based organizations, libraries, education and research institutions.
Advocate for better public data and greater transparency around household-level service availability, performance, and cost.
Advocate for and seek sustainable funding for digital equity programming.
16
• Placeholder for County, SCTCA, and Cox slide deck
15
16
Board of Directors | Item 2 Friday, October 22, 2021
DRAFT
9
17
Digital Divide Story Map
• Learn more about the state of the digital divide in our region by visiting: www.sandag.org/digitaldividedata
18
Plan Development Schedule SUMMER
Broadband Gap Analysis
FALL
Digital Equity Strategy
WINTER
Digital Equity Action Plan
2021
Visit sandag.org/digitalequityfor project updates
AK79
17
18
Board of Directors | Item 2 Friday, October 22, 2021
DRAFT
Board of Directors | Item 2Friday, October 22, 2021
1
Bridging the Digital Divide in the San Diego RegionOCTOBER 22, 2021
1
County Partnership
Develop a Digital Equity Strategy and Action Plan
Forming Regional Digital Divide Taskforce
Identify opportunities to leverage roadway projects
2
1
2
DRAFT
Board of Directors | Item 2Friday, October 22, 2021
2
State Route 67 (SR-67)Pavement Rehabilitation and Dig Once Demonstration Project• 18 miles from Lakeside to Ramona• Broadband access to 225,000 residents• Combine roadway improvements with
trenching and installing fiber optic cable• Improves resiliency, redundancy, and
emergency communications
3
Collaborate & Connect• Caltrans, SANDAG, and the
County sharing information onupcoming infrastructure projects
• Identify additional dig oncepartnership opportunities
• Install broadband infrastructureon County maintained roads
4
3
4
DRAFT
Board of Directors | Item 2Friday, October 22, 2021
3
Developing a Comprehensive Digital Infrastructure Plan• Assessment looking into broadband infrastructure
needs, performance/speed andaccessibility/affordability
• Identify gaps in coverage in the unincorporated areas• Comprehensive plan supporting:• Employment opportunities• Digital learning• Telehealth options• Enhance intelligent transportation systems
5
/
Bridging the Digital DivideSan Diego County
THANK YOU!
6
5
6
DRAFT
1
Release of Series 2008 A, B, C and D Debt Service Reserve FundOverview of Proposed Transaction
Board of Directors Item X | October 22, 2021
2008 Debt Service Reserve Fund Release Financing Team
San Diego Association of Governments Hasan Ikhrata, Executive Director Andre Douzdjian, Chief Financial Officer Ray Major, Chief Economist John Kirk, General Counsel Betsy Blake, Senior Legal Counsel Dawn Vettese, Strategic Capital Funding & ITOC Manager
Financial Advisors, Public Financial Management Peter Shellenberger, Managing Director
Bond Counsel, Norton Rose Fulbright US LLP Victor Hsu, Partner Stepan Haytayan, Senior Counsel
2
1
2
Board of Directors | Item 3 Friday, October 22, 2021
DRAFT
2
2008 Debt Service Reserve Fund Release Presentation
1. Why we are releasing the Debt Service Reserve Fund
2. Credit rating
3. Bond Documents
4. Creditor Consents
5. Calendar of events
3
Why We Are Releasing the 2008 Debt Service Reserve Fund
4
3
4
Board of Directors | Item 3 Friday, October 22, 2021
DRAFT
3
Why We Are Releasing the 2008 Debt Service Reserve Fund, continued.
5
Approximately $17 million in bond proceeds issued in 2008 are currently held in a fund to support debt service payments in case sales tax revenues are insufficient.� SANDAG’s strong sales tax revenue and high debt service coverage
render this reserve fund unnecessary.
Currently this is the only reserve fund held on any of SANDAG’s debt obligations.
Proposal: redirect these proceeds to projects
Credit Rating Agency Reviews
Current high credit ratings on SANDAG debt program
Current ratings – Senior Lien:� Standard & Poor’s: AAA
� Fitch: AAA
� Moody’s: Aa2
Current ratings – Subordinate Lien:� Standard & Poor’s: AA
� Fitch: AA
6
5
6
Board of Directors | Item 3 Friday, October 22, 2021
DRAFT
4
2008 Debt Service Reserve Fund Release –Attachments to Report
1. PFM Memo
2. Remarketing Memorandum
3. Resolution RTC-2021-XX
4. Twelfth Supplemental to Senior Indenture
7
Financial Advisor Memo (Attachment 1)
2008 Debt Service Reserve Fund Release Structure
Financial Considerations
8
7
8
Board of Directors | Item 3 Friday, October 22, 2021
DRAFT
5
Resolution (Attachment 3)
The Resolution authorizes the release of the 2008 Debt Service Reserve Fund, subject to consent of creditors, and approves the following documents
Remarketing Memorandum
Twelfth Supplemental to Senior Indenture
99
Remarketing Memorandum (Attachment 2)
Similar to a Preliminary Official Statement, the Remarketing Memorandum is used to remarket the bonds and disclose all material information to the potential buyers of the bonds in secondary markets
10
9
10
Board of Directors | Item 3 Friday, October 22, 2021
DRAFT
6
Twelfth Supplemental to Senior Indenture (Attachment 4)
Supplements the Master Indenture relating to SANDAG’s senior revenue bonds
Directs release of amounts in the 2008 Bond Reserve Fund, which may then be deposited into the Major Corridor Fund
11
Creditor Consents
In accordance with the advice of bond counsel, SANDAG will obtain the consent of the 2008 Bond credit providers prior to releasing the Debt Service Reserve Fund
12
11
12
Board of Directors | Item 3 Friday, October 22, 2021
DRAFT
7
Next Steps
October 22: Board of Directors – final review of documents
Week of October 25: Notice to Bond Holders
Week of November 17: Post Remarketing Memo, after receipt of creditors' consent
Week of November 29: Close and Release the DSRF
13
2008 Debt Service Reserve Fund Release: Review of Documents
The Board of Directors adopt Regional Transportation Commission (RTC) Resolution No. RTC-2022-01, authorizing the release of the 2008 Series A-D Debt Service Reserve Fund, and the execution and distribution of the documents, in substantially the same form as attached (Attachments 2 through 4).
Recommendation:
14
13
14
Board of Directors | Item 3 Friday, October 22, 2021
DRAFT