CALIFORNIA HIGH-SPEED RAIL:

FROM VISION TO REALITY

City Infrastructure Summit

May 30, 2013

Costa Mesa, CA

FROM PLANNING TO IMPLEMENTATION

• 1970s – California creates plans for statewide high-speed rail

system

• 1996 – Authority created

• 2008/9 – Prop. 1A passed and President Obama’s stimulus authorized.

• 2012 – Rapid acceleration of high-speed rail program

– Revised 2012 Business Plan– Funding and Environmental Approvals– RFP for first construction bids

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HIGH-SPEED RAIL STATEWIDE MAP

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2005 2012

PARTNERSHIPS FOR PROGRESS

• $13 billion leveraged for HSR and improvements to existing rail systems and bookends

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NEXT STEPS: GETTING STARTED

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NEXT STEPS: CLOSING THE GAP

• High-Speed Rail Links Northern and Southern California

• Authority Plan Does Not Assume Additional Federal Funds for Several Years

• Future Funding Options:• Private Financing/Investors• Federal Grants/Loans• CA Cap & Trade Revenue• TOD Revenues• Concessions

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“I would like to be part of the group that gets America to think big again.” - Governor Jerry Brown