1. IH-10 Managed Lanes Project: A “Public-Public” Partnership ENGINEERS PLANNERS ECONOMISTS Wilbur Smith Associates Presented at the Value Pricing Conference for Transportation in the Washington Region June 4, 2003 Ed Regan Senior Vice President

2. ENGINEERS PLANNERS ECONOMISTS Wilbur Smith Associates IH-10 Managed Lanes Part of Major Katy Freeway Expansion Program. Part of Major Katy Freeway Expansion Program. Innovative Operational and Financing Solution to Difficult Congested Corridor. Innovative Operational and Financing Solution to Difficult Congested Corridor. Could be Important Model for Urban Freeway Expansion in the Future. Could be Important Model for Urban Freeway Expansion in the Future.

3. ENGINEERS PLANNERS ECONOMISTS Wilbur Smith Associates Project Location Map

4. ENGINEERS PLANNERS ECONOMISTS Wilbur Smith Associates Overall IH-10 Expansion Program

5. ENGINEERS PLANNERS ECONOMISTS Wilbur Smith Associates A.M. Eastbound Travel Speeds Distance (miles) Time (minutes) US 90 Grand Pkwy Mason Rd Fry Rd SH 6 Dairy Ashford Wilcrest Sam Houston Hwy Voss Rd Chimney Rock IH-610 Managed Lanes Overall Improvement Area

6. ENGINEERS PLANNERS ECONOMISTS Wilbur Smith Associates Plan Overview Overall Project Includes Full Corridor Reconstruction and Expansion. Overall Project Includes Full Corridor Reconstruction and Expansion.  Added General Purpose Lanes  Four New Managed Lanes  Frontage Road Improvements HCTRA will Contribute $250 Million to Overall Project Cost and will Operate Managed Lanes. HCTRA will Contribute $250 Million to Overall Project Cost and will Operate Managed Lanes. Federal and State Funds Used for Remainder of Project Cost. Federal and State Funds Used for Remainder of Project Cost. Completion Expected in 2007. Completion Expected in 2007.

7. ENGINEERS PLANNERS ECONOMISTS Wilbur Smith Associates Groundbreaking Project Cooperative “Public-Public” Partnership. Cooperative “Public-Public” Partnership.  TexDOT – State Agency  HCTRA – County Toll Agency  METRO – Regional Transit Agency  FHWA and FTA Tolls Used to Finance a Portion of the Major Expansion of an Urban Interstate. Tolls Used to Finance a Portion of the Major Expansion of an Urban Interstate.  County Toll Operator  Uses Value Pricing Program Exemption for Interstate Tolling Managed Lanes Replace Single Reversible HOV Lane. Managed Lanes Replace Single Reversible HOV Lane. Incorporation of Bus Rapid Transit. Incorporation of Bus Rapid Transit. Fully Electronic Open Road Tolling. Fully Electronic Open Road Tolling. Variable Pricing to Maintain Free Flow for BRT, HOV and Toll Users. Variable Pricing to Maintain Free Flow for BRT, HOV and Toll Users.

8. ENGINEERS PLANNERS ECONOMISTS Wilbur Smith Associates Unique Transit Provisions Four Managed Lanes Replace Single Reversible Lane. Four Managed Lanes Replace Single Reversible Lane. METRO Provided up to 25% of Peak Period Capacity in Peak Direction. METRO Provided up to 25% of Peak Period Capacity in Peak Direction.  Express Busses  Three person Carpools Pricing will be Set to Maintain Free Flow for Transit / HOV’s. Pricing will be Set to Maintain Free Flow for Transit / HOV’s. METRO Agrees to “Buy Out” Remaining Bonds if Rail Constructed in Corridor in Distant Future. METRO Agrees to “Buy Out” Remaining Bonds if Rail Constructed in Corridor in Distant Future.

9. ENGINEERS PLANNERS ECONOMISTS Wilbur Smith Associates Current and Planned IH-10 Configurations Planned Expanded Configuration Westbound General Purpose Lanes Reversible Carpool Lane Eastbound General Purpose Lanes Current Configuration Westbound General Purpose Lanes (Toll Free) Eastbound General Purpose Lanes (Toll Free) Managed Lanes Transit Vehicles Always Free HOV-3 Free at Current Rush Hour (Primary Direction) Tolled at Other Times SOV & HOV-2 Always Tolled

10. ENGINEERS PLANNERS ECONOMISTS Wilbur Smith Associates Alternatives Considered Original Concept Single Toll Lane and Separate Single HOV Lane Per Direction Selected Concept Two Integrated Managed Lanes Per Direction Two Toll Lanes With Single HOV Lane Per Direction Three Integrated Managed Lanes Per Direction

11. ENGINEERS PLANNERS ECONOMISTS Wilbur Smith Associates Managed Lanes Access Configuration SH 6 Park & Ride Dairy Ashford Rd SH 8 Silber Rd Post Oak Rd. N No Scale 6 10 6 88 Dairy Ashford Rd Sam Houston Tollway Sillber Rd Post Oak Ln Bunker Hill Rd

12. ENGINEERS PLANNERS ECONOMISTS Wilbur Smith Associates Managed Lane Operating Plan Open in both Directions 24 Hours. Open in both Directions 24 Hours. HOV 3+ and Busses toll free in AM Peak (Eastbound) and PM (Westbound). HOV 3+ and Busses toll free in AM Peak (Eastbound) and PM (Westbound). All Vehicles (except busses) Charged Toll in other Hours / Minor Direction. All Vehicles (except busses) Charged Toll in other Hours / Minor Direction. No Trucks. No Trucks. Fully Electronic Variable Tolls. Fully Electronic Variable Tolls.

13. ENGINEERS PLANNERS ECONOMISTS Wilbur Smith Associates Typical Managed Lanes Access Peak Period Managed Lane CURRENT TOLL To Dairy Ashford $0.50 Free 1 or 2 Occupants HOV 3+ To $2.50 Free 610 To Bunker Hill $1.00 Free

14. ENGINEERS PLANNERS ECONOMISTS Wilbur Smith Associates Typical Tolling Zones Police Car Guide Posts

15. ENGINEERS PLANNERS ECONOMISTS Wilbur Smith Associates Traffic and Revenue Study Detailed Operations Profile. Detailed Operations Profile. Travel Pattern Surveys. Travel Pattern Surveys. Stated Preference Surveys. Stated Preference Surveys. Independent Corridor Growth Analysis. Independent Corridor Growth Analysis. Project Alternatives Analysis. Project Alternatives Analysis. Rate Sensitivity Analysis by Direction and Time Period. Rate Sensitivity Analysis by Direction and Time Period. Toll Operations Analysis. Toll Operations Analysis. Annual Traffic and Revenue Forecast. Annual Traffic and Revenue Forecast.

16. ENGINEERS PLANNERS ECONOMISTS Wilbur Smith Associates Toll Rate / Operations Profile Westbound P.M. Peak REVENUE REVENUE, $/TRAVEL PERIOD 3.25 1.652.15 4.905.957.057.608.209.203.805.456.508.70 0.002.75 4.35 THROUGH TRIP TOLL RATE ($) M/L VMT Total HOV3 LOV VMT, VEHICLE MILES TRAVELED/PERIOD THROUGH TRIP TOLL RATE ($) SPEED General Purpose Lanes Managed Lanes SPEED (MPH) THROUGH TRIP TOLL RATE ($) SPEED General Purpose Lanes Managed Lanes SPEED (MPH) THROUGH TRIP TOLL RATE ($) REVENUE REVENUE, $/TRAVEL PERIOD THROUGH TRIP TOLL RATE ($) M/L VMT THROUGH TRIP TOLL RATE ($) 3.25 1.652.15 4.905.957.057.608.209.203.805.456.508.70 0.002.75 4.35 Total HOV3 LOV VMT, VEHICLE MILES TRAVELED/PERIOD 3.25 1.652.15 4.905.957.057.608.209.203.805.456.508.70 0.002.75 4.353.25 1.652.15 4.905.957.057.608.209.203.805.456.508.70 0.002.75 4.35 3.25 1.652.15 4.905.957.057.608.209.203.805.456.508.70 0.002.75 4.353.25 1.652.15 4.905.957.057.608.209.203.805.456.508.70 0.002.75 4.35 20072015 Optimum Toll Rate

17. ENGINEERS PLANNERS ECONOMISTS Wilbur Smith Associates Through Trip Toll Rates AM Peak AM Shoulder Mid-Day PM Shoulder PM Peak $2.20 2.15 1.10 $5.45 3.80 2.15 1.65 $6.75 5.45 2.15 AM Peak AM Shoulder Mid-Day PM Shoulder PM Peak $0.55 0.55 0.85 1.65 2.70 $1.10 1.10 0.85 3.25 4.35 $1.65 1.65 1.10 4.90 6.75 Eastbound Westbound 200720152022

18. ENGINEERS PLANNERS ECONOMISTS Wilbur Smith Associates Peak Hour Traffic Distribution* LOV HOV-3+ CV Total 11,500 900 100 12,500 8,900 100 9,100 2,300 800 3,100 Eastbound - AM Peak Westbound - PM Peak 20.0% 88.9% 24.8% LOV HOV-3+ CV Total 11,400 800 300 12,500 9,400 100 300 9,800 2,000 700 2,700 17.5% 87.5% 21.6% Total Demand General Purpose Lanes Manual Lanes Managed Lanes Share * 2003 Levels at East Toll plaza

19. ENGINEERS PLANNERS ECONOMISTS Wilbur Smith Associates Estimated Annual Toll Revenue Year Annual Revenue (millions)

20. ENGINEERS PLANNERS ECONOMISTS Wilbur Smith Associates Early Conclusions Project Demonstrates that Tolls can be Used to Finance a Portion of Urban Interstate Expansions Project Demonstrates that Tolls can be Used to Finance a Portion of Urban Interstate Expansions Use of Managed Lanes Provides Capacity for Improved BRT Operations – in a Free Flow Environment Use of Managed Lanes Provides Capacity for Improved BRT Operations – in a Free Flow Environment Demonstrates Opportunities for Cooperative “Public-Public” or “Public-Private” Partnerships for Funding Transportation Solutions Demonstrates Opportunities for Cooperative “Public-Public” or “Public-Private” Partnerships for Funding Transportation Solutions Will Further Demonstrate Demand Management Ability of Variable Electronic Road Pricing Will Further Demonstrate Demand Management Ability of Variable Electronic Road Pricing Other Similar Projects on the Way Other Similar Projects on the Way  LBJ Freeway in Dallas  US 290 in Houston