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

I-215 CENTRAL PROJECT $123.5 million project $38.8 million CMIA funding 2,223 jobs created

I-215 CENTRAL PROJECT

Thank You/Questions (951)