Orange County Business Council Infrastructure Committee

Overview of RCTC’s Major Projects

December 8, 2015

PROMISES MADE, PROMISES KEPT

• $2+ billion currently invested in regionally significant transportation projects

• 27,882 jobs created

Investing in Riverside’s Future

The 91 Freeway is our Main Street

91 PROJECT

• $1.4 billion project• 16,200 jobs created

THE 91: TODAY & PROPOSED

PROJECT OVERVIEW

91 PROJECT

• Extends the 91 Express Lanes from the Orange County Line to I-15 in Riverside County

• Adds a new general purpose lane in each direction• Rebuilds several interchanges• Makes needed street and access improvements in the

City of Corona• Constructs a number of auxiliary lanes at key locations to

ease access on and off freeway

PROJECT NEED CONGESTION RELIEF

• 91 is main route between two counties

• 280,000 vehicles daily,140,000 more by 2035

• Second worst commute in U.S.; 8 hours of traffic congestion per day(Reference: INRIX National Traffic Scorecard 2010 Annual Report 100 Most Congested Corridors) SR-91 at Green River - Corona

ESTIMATED PROJECT COST AND FUNDING APPROACH

• $1.4 billion – project cost– Three-legged funding stool• Toll revenue bonds• Federal loan

(TIFIA – Transportation Investment Finance Innovation Act)• Measure A sales tax (and other public funds)

• Funding approach– First, maximize use of toll revenue bonds and federal

TIFIA loan– Second, use Measure A funds to close any funding gap

SR-91 HOV LANE PROJECT

• $248 million project• 4,464 jobs created

PERRIS VALLEY LINE

• $248.3 million project $75 million – small

starts funding 53 million – STIP-RIP

funding• 4,469 jobs created• First extension of

Metrolink commuter rail system since 1994

• Four new stations

PERRIS VALLEY LINE

PERRIS VALLEY LINE

I-215 CENTRAL PROJECT

• $123.5 million project $38.8 million CMIA

funding• 2,223 jobs created

I-215 CENTRAL PROJECT

Thank You/Questions

www.rctc.org(951) 787-7141