STATE ROAD 54/56 PROJECT CONCEPT DEVELOPMENT STUDY - US 19 to BRUCE B. DOWNS BOULEVARD

Pasco ’ s Northern Loop – Managed Lanes 1.Managed Lanes an Emerging Regional Strategy 2.RSH Study- Alternative 6 Set the Stage for the Concept 3.General Support, but we must Establish Revenue Potential 4.Will Weatherford wants us to “Go On Transportation Offensive” 5.Secretary Prasad wants us to “THINK BIG” 6.FDOT wants to accelerate PPP private funding projects 7.CCC Regional Priority List made project No. 5 in the TOP TEN 8.Economic Development Interests want road and transit capacity 9.Pasco Joins Tampa Bay Economic “Big League” 1.Managed Lanes an Emerging Regional Strategy 2.RSH Study- Alternative 6 Set the Stage for the Concept 3.General Support, but we must Establish Revenue Potential 4.Will Weatherford wants us to “Go On Transportation Offensive” 5.Secretary Prasad wants us to “THINK BIG” 6.FDOT wants to accelerate PPP private funding projects 7.CCC Regional Priority List made project No. 5 in the TOP TEN 8.Economic Development Interests want road and transit capacity 9.Pasco Joins Tampa Bay Economic “Big League”

STATE ROAD 54/56 PROJECT CONCEPT DEVELOPMENT STUDY - US 19 to BRUCE B. DOWNS BOULEVARD SR 54/56 PASCO Corridor Concept Elevated Managed Lanes (Alternative-6, RSH/ DOT Study) FUNCTIONAL This elegant Segmented Precast allows 4 elevated toll lanes to flow over the 6 “free” at grade Lanes BUILDABLE Median located and built with staged MOT with day and night schedule BRT READY Market Driven Transit- BalancesADT

STATE ROAD 54/56 PROJECT CONCEPT DEVELOPMENT STUDY - US 19 to BRUCE B. DOWNS BOULEVARD Location Map – “EXPANDED East 56”

STATE ROAD 54/56 PROJECT CONCEPT DEVELOPMENT STUDY - US 19 to BRUCE B. DOWNS BOULEVARD Tour New “Smart” PASCO & 54/56 Corridor

STATE ROAD 54/56 PROJECT CONCEPT DEVELOPMENT STUDY - US 19 to BRUCE B. DOWNS BOULEVARD Tour, Talk, and Economic Focus

STATE ROAD 54/56 PROJECT CONCEPT DEVELOPMENT STUDY - US 19 to BRUCE B. DOWNS BOULEVARD October 30, I Learned –I ’ m too S L O W !

STATE ROAD 54/56 PROJECT CONCEPT DEVELOPMENT STUDY - US 19 to BRUCE B. DOWNS BOULEVARD Sunday November 4 th Tampa Bay Times

STATE ROAD 54/56 PROJECT CONCEPT DEVELOPMENT STUDY - US 19 to BRUCE B. DOWNS BOULEVARD Action Time IS NOW– Key Issues! LRTP & TBARTA Master Plan Proposes Managed Lanes LRTP & TBARTA Master Plan Proposes Managed Lanes Action Needed (Capacity &Transit-Not 25 years out ) Action Needed (Capacity &Transit-Not 25 years out ) Major Intersections / Segments Failing Major Intersections / Segments Failing PPP Opportunity Real and stressed by FDOT (Prasad) PPP Opportunity Real and stressed by FDOT (Prasad) Pasco 54/56 Developers Need ROW Requirements Pasco 54/56 Developers Need ROW Requirements (Starkey, Smith 54, Wiregrass, Mitchell/Western Hub and Others) Construction Prices Lowest and Will Rise Construction Prices Lowest and Will Rise Interest Rates Low Point in History and Will Rise Interest Rates Low Point in History and Will Rise

STATE ROAD 54/56 PROJECT CONCEPT DEVELOPMENT STUDY - US 19 to BRUCE B. DOWNS BOULEVARD Pasco County MPO & BCC Pasco Administration Pasco Planning/GM TBARTA DOT D7 & FDOT Stakeholder Involvement “Expansion” Capital Project Investment Team Public and Private Partnerships SHOW ME THE MONEY ! Every Player Needs a Quality Toll Revenue Planning Number!

STATE ROAD 54/56 PROJECT CONCEPT DEVELOPMENT STUDY - US 19 to BRUCE B. DOWNS BOULEVARD SR 54/SR 56 TRANSIT/MANAGED LANE AND TOLL STUDY Study Objectives Assess the ROW needs associated with the elevated and/or at-grade managed lane concept along the SR 54/56 corridor (US 19 to US 301) Perform planning-level build toll demand traffic estimates, assess optimal toll rates, revenue estimates, O&M costs, etc.

STATE ROAD 54/56 PROJECT CONCEPT DEVELOPMENT STUDY - US 19 to BRUCE B. DOWNS BOULEVARD ALTERNATIVE SIX Develop Toll and Transit Alt 6: Express Bus/Managed Lanes – 4 Lanes Elevated

STATE ROAD 54/56 PROJECT CONCEPT DEVELOPMENT STUDY - US 19 to BRUCE B. DOWNS BOULEVARD Managed Lanes Alternatives AADT 4 Managed Lanes Grade-Separated (Alternative 6) $0.14/mile $0.21/mile

STATE ROAD 54/56 PROJECT CONCEPT DEVELOPMENT STUDY - US 19 to BRUCE B. DOWNS BOULEVARD Managed Lanes Gross Rev. Back of Envelope ! Rate.21/mileTrip MilesREV/Day300 Day Segment $19,334, Little-SC $14,395, SC $13,902, I $ 3,402, I-75-BBD $51,034, Rate.14 /mileTrip MilesREV/Day300 Day Segment Little-SC $ 68, $ 20,669, SC $ 50, $ 15,183, I $ 39, $ 11,739, I-75-BBD $ 15, $ 4,569, $ 173, $ 52,160, c /Mile.21c /Mile RSH Study ADT projected for 2035 Study Date

STATE ROAD 54/56 PROJECT CONCEPT DEVELOPMENT STUDY - US 19 to BRUCE B. DOWNS BOULEVARD Preliminary Schedule Travel Demand Modeling2 Months Toll Revenue2 Months Cost Estimates/Staging Plan2 Months Drainage/ROW Preservation2 Months Public OutreachThroughout Study Total Schedule: 8 Months

STATE ROAD 54/56 PROJECT CONCEPT DEVELOPMENT STUDY - US 19 to BRUCE B. DOWNS BOULEVARD 3 Phase Unsolicited Bid 3 Phase Unsolicited Bid DOT Received June 2013 DOT Received June 2013 Open 60 Day Response Open 60 Day Response Oct 23 rd Due Date Oct 23 rd Due Date November Award Announcement November Award Announcement CURRENT STATUS –Right of Way Lease