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

2. 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 2

3. HIGH-SPEED RAIL STATEWIDE MAP 3 2005 2012

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

5. NEXT STEPS: GETTING STARTED 5

6. 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. 7 “I would like to be part of the group that gets America to think big again.” - Governor Jerry Brown