CALIFORNIA HIGH-SPEED RAIL: FROM VISION TO REALITY City Infrastructure Summit May 30, 2013 Costa Mesa, CA.

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Presentation transcript:

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 – Rapid acceleration of high- speed rail program – Revised 2012 Business Plan – Funding and Environmental Approvals – RFP for first construction bids 2

HIGH-SPEED RAIL STATEWIDE MAP

PARTNERSHIPS FOR PROGRESS $13 billion leveraged for HSR and improvements to existing rail systems and bookends 4

NEXT STEPS: GETTING STARTED 5

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 6

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