Transportation News
MTC Steps Up to Save Construction Projects
- January 28, 2009, Memo
and Resolution No. 3887, Authorizing Purchase of State
Bonds to Save Bay Area Construction Projects (PDF)
- January 22, 2009, Letter from Caltrans Director Will Kempton, Update on Proposition 1B Bond Fund Status (PDF)
- January 14, 2009, Memo to PAC Summarizing Suspension and Options (PDF)
- Map
of Highway Projects (PDF)
- Letter from Caltrans
Director Will Kempton to agencies that have
received an allocation of Proposition 1B funds (PDF)
December 19, 2008
Update: May 2009
The state of California successfully sold an additional
$6.9 million worth of General Obligation bonds to support various
statewide bond-funded projects on April 22. This is in addition
to the successful GO bond sale in March. With the additional
bond proceeds, the state is looking at additional projects
on hold that can now be funded with Proposition 1B bond funds.
The State Treasurer's Office is
reviewing the eligibility and prioritization of projects on
hold.
Among the Bay Area projects on hold now being considered for bond funding include HOV lane improvements to US-101 in Rohnert Park, Sonoma County ($90 million in bond funds), and improvements to the interchange connector from I-580 to US-101 in Marin County ($15 million in bond funds).
The list of projects statewide currently being considered is available online.
Update: March 27, 2009
Due to MTC/BATA's
successful purchase of state
private-placement bonds in recent weeks, local authorities
were able
to continue construction on 10 Bay Area roadway projects that
had
been targeted for a halt in work due to lack of funding. The
transaction essentially loans the state money to continue work
on
the projects. Additionally, the $194 million in bonds purchased
by
MTC/BATA enabled the award of one new project, US-101 high-occupancy
vehicle (HOV) lanes (Wilfred segment) in Sonoma County. Even
with
MTC/BATA's commitment, about $500 million in state funds may
still
be in jeopardy. The region is considering using federal economic
stimulus funds to backfill state bond funds in order to begin
construction on some of the at-risk projects. Additionally,
the
state just completed a successful bond sale on March 24, which
could
mean additional bond funds for projects. A clearer picture
of which
bond-funded projects can proceed will develop in the next month
as
MTC programs additional stimulus funds and the state Pooled
Money
Investment Board meets to allocate bond proceeds to projects.
See
the map in the box to the right for the affected projects.
Update: January 28, 2009
At its regular monthly meeting today, MTC authorized
the purchase of $200 million in state bonds to support ongoing
Bay Area freeway projects that otherwise were slated to be
halted due to the suspension of state funding. Essentially,
MTC will be loaning the funds to the state, which in turn will
use the money to continue work on the projects. The six projects
benefiting from the funds are:
- Installation of traffic detection devices along various freeways
- Interstate 80 high-occupancy vehicle (HOV) lanes in Solano County
- Interstate 580 eastbound HOV lane project in Alameda County, segment 1
- Interstate 680 Sunol Grade southbound HOV lane in Alameda County, segment 1
- U.S. 101 HOV lanes (both directions) in Sonoma County between Santa Rosa and Windsor (north segment)
- Interstate 680 Sunol Grade HOV southbound lane in Alameda County, phase 3 (to convert it to a high-occupancy toll lane)
The infusion of bond funding also will allow for contracts to be awarded for three other projects with opened bids and now ready for construction:
- Interstate 680 Sunol Grade HOV southbound in Alameda County, segments 2 & 3
- U.S. 101 HOV lanes in Sonoma County (Wilfred segment)
Today's action will save Bay Area jobs by ensuring that carpool lane projects in Alameda, Sonoma and Solano projects can be completed. MTC will work with the State Treasurer's Office and Caltrans to finalize the deal. For more information, please refer to the Commission memo in the yellow box.
State Grants Temporary Funding Reprieve for Select Projects
Update: January 20, 2009
California's transportation bond funding spigot -- turned to
the "off" position in recent weeks by the state budget
crisis -- got twisted slightly toward the "on" position
this past Friday (January 16, 2009), at least temporarily.The
state's Pooled Money Investment Board (PMIB) agreed to release
$650 million in bond money statewide, including about $103
million to allow work to continue on certain Caltrans projects.
In a related development on Friday, the state Department of
Finance proposed that 276 of some 5,600 projects on hold statewide
be considered for an exemption from the loan disbursement freeze,
reasoning that ceasing work would be more expensive than continuing
with it.
Bay Area Transportation Projects at Risk Due to Suspension of Proposition 1B Bond Funds
Update: January 15, 2009
On January 14, 2009, MTC's Programming and Allocations Committee (PAC) met to evaluate the state's decision to halt the flow of bond funding to infrastructure projects in the Bay Area and elsewhere in California. This suspension freezes roughly $1 billion in bond
funds to over 90 projects in the Bay Area. Potential concepts to address the situation are included in the PAC memo dated January 14, 2009 (see memo to the right). The state's Pooled Money Investment Board (PMIB) is scheduled to meet again on Friday, January 16, 2009, to consider whether to permit a limited number of reimbursements to take place for projects already under construction.
Background: In December 2008, due to California's current budget crisis and lack of demand in the municipal bond markets, the PMIB voted to suspend some $3.8 billion in loans to infrastructure projects around the state, including scores of road, highway and transit improvements around the Bay Area. A complete list of Bay Area transportation projects affected by the vote can be found below.
Passed by California voters in November 2006, Proposition 1B authorized the state to sell $19.9 billion in general obligation bonds to fund state and local transportation improvement projects to relieve congestion, improve movement of goods, improve air quality, and enhance safety and security of the transportation system.
Bay Area Transportation Projects Affected by PMIA (Pooled Money Investment Account) Suspension
(all figures in millions)
Revised 1-7-09
| County | Description | Bond Funds | Total Cost | Bond Source |
|---|---|---|---|---|
| Alameda | Ballena Blvd | $0.1 | $0.5 | Loc Bridge |
| Alameda | Emeryville Station and Track Improvements | $10.0 | $10.0 | IC Rail |
| Alameda | I-580 / Isabel Interchange (Seg. 1, Realignment) | $24.6 | $37.4 | CMIA |
| Alameda | I-580 / Isabel Interchange (Seg. 2, Local Roads) | $3.9 | $7.3 | CMIA |
| Alameda | I-580 / Isabel Interchange (Seg. 3, Interchange) | $31.5 | $52.2 | CMIA |
| Alameda | I-580 Eastbound HOV Lane Project (Seg. 1) | $44.6 | $47.4 | CMIA/SHOPP/STIP |
| Alameda | I-580 Eastbound HOV Lane Project (Seg. 2) | $43.9 | $58.6 | CMIA/SHOPP/STIP |
| Alameda | I-580 Traffic Detection | $1.6 | $1.6 | SHOPP |
| Alameda | I-680 in Fremont, from Rt 238 - Koopman Rd, rehab pavement | $30.1 | $30.1 | STIP/SHOPP |
| Alameda | I-680 in Fremont, from Scott Crk Rd - Grimmer Bl., rehab pvmt | $17.5 | $17.5 | SHOPP |
| Alameda | I-680 Sunol Grade HOV SB | $38.8 | $38.8 | STIP/IIP; SHOPP |
| Alameda | I-680 Sunol Grade SB HOV Lane Phase 3 (HOT Integrator) | $8.0 | $8.0 | STIP/RIP |
| Alameda | I-80 Integrated Corridor Management | $76.7 | $80.7 | CMIA/TLSP |
| Alameda | In San Leandro, Citywide ATMS Expansion | $0.4 | $0.6 | TLSP |
| Alameda | LAVTA Route 10 Rapid Bus (BRT) Project | $0.4 | $18.1 | Public Transportation |
| Alameda | Local Streets and Roads Improvements | $10.3 | $10.3 | Local Streets and Roads |
| Alameda | Redwood Rd | $0.1 | $0.1 | Local Streets |
| Alameda | SR-24 Traffic Detection | $1.2 | $1.2 | SHOPP |
| Alameda | Union City Transit - Bus Purchase | $0.2 | $0.9 | Public Transportation |
| Alameda, Contra Costa | Rolling Stock Procurement | $9.1 | $27.8 | Public Transportation |
| Contra Costa | BART Intermodal Access Improvements at West County BART Stations | $0.5 | $0.9 | Public Transportation |
| Contra Costa | BART Pittsburg/Bay Point Station Improvements | $0.3 | $0.4 | Public Transportation |
| Contra Costa | Bollinger Canyon | $0.5 | $0.5 | Local Streets |
| Contra Costa | Central Contra Costa BART Crossover | $5.0 | $37.0 | Public Transportation |
| Contra Costa | County Connection Bus Purchase | $1.9 | $18.8 | Public Transportation |
| Contra Costa | County Connection Bus Stop Access and Amenity Improvements - Martinez | $0.1 | $0.1 | Public Transportation |
| Contra Costa | County Connection Rolling Stock Replacement | $0.8 | $18.8 | Public Transportation |
| Contra Costa | Crow Canyon | $0.3 | $0.3 | Local Streets |
| Contra Costa | eBART | $6.0 | $503.4 | Public Transportation |
| Contra Costa | Local Streets and Roads Improvements | $6.8 | $6.8 | Local Streets and Roads |
| Contra Costa | SR-24 Caldecott Tunnel Fourth Bore | $206.0 | $367.4 | CMIA/STIP |
| Contra Costa | SR-4 East Widening from Loveridge - Somersville | $32.0 | $98.2 | STIP/RIP |
| Contra Costa | Tri-Delta Transit Bus Purchase | $0.9 | $1.1 | Public Transportation |
| Contra Costa | Tri-Delta Transit Bus Shelters and Amenities for Communities of Concern | $0.2 | $0.3 | Public Transportation |
| Contra Costa | WestCat Bus Purchase | $0.1 | $0.3 | Public Transportation |
| Contra Costa | WestCat Bus Purchase | $0.3 | $0.6 | Public Transportation |
| Contra Costa | Ygnacio Valley Rd Corridor | $1.5 | $1.5 | TLSP |
| Marin | Golden Gate Transit Asset Management and Vehicle Fluid Management Systems | $2.2 | $5.0 | Public Transportation |
| Marin | Golden Gate Transit Bus Purchase (deferred project FY2007-08) | $0.9 | $6.5 | Public Transportation |
| Marin | Golden Gate Transit Ferry Terminal Public Restroom Facilities Rehabilitation | $0.9 | $0.9 | Public Transportation |
| Marin | Local Streets and Roads Improvements | $1.2 | $1.2 | Local Streets and Roads |
| Marin | San Rafael Canal Neighborhood Transit Improvements | $0.4 | $0.8 | Public Transportation |
| Marin | Sir Francis Drake Blvd | $0.2 | $0.2 | TLSP |
| Marin | US-101 Traffic Detection | $3.7 | $3.7 | SHOPP |
| Marin | WB I-580 to NB US-101 Connector Improvements | $15.3 | $15.3 | CMIA |
| Multiple | BART Stations Modernization Program | $15.1 | $15.1 | Public Transportation |
| Multiple | Match to Local Projects | $29 | $29 | State/Local Partnership |
| Multiple | Transit Security Improvements | $21.4 | $21.4 | Transit Security |
| Napa | Local Streets and Roads Improvements | $0.8 | $0.8 | Local Streets and Roads |
| Napa | Napa Vine Bus Purchase | $0.6 | $0.6 | Public Transportation |
| San Francisco | BART Balboa Park Station Westside Entrance and Walkway | $1.2 | $4.3 | Public Transportation |
| San Francisco | Franklin, Gough, and Polk St | $5.1 | $10.2 | TLSP |
| San Francisco | Local Streets and Roads Improvements | $5.9 | $5.9 | Local Streets and Roads |
| San Francisco | San Francisco MTA Persia Triangle Improvements | $0.1 | $1.0 | Public Transportation |
| San Francisco | San Francisco MTA Randolph/Farallones/Orizaba Transit Access Improvements | $0.1 | $0.6 | Public Transportation |
| San Francisco | San Francisco Muni Central Control and Communications | $1.3 | $94.9 | Public Transportation |
| San Francisco | San Francisco Muni Central Subway | $30.0 | $1,300.0 | Public Transportation |
| San Francisco | San Francisco Muni Interim Line Management Center | $0.4 | $0.4 | Public Transportation |
| San Francisco | San Francisco Muni Light Rail Operations Control Center Improvements | $1.3 | $1.3 | Public Transportation |
| San Mateo | Departing Flight Traffic | $7.2 | $7.2 | Other |
| San Mateo | East Palo Alto Bus Stop Improvements | $0.1 | $0.1 | Public Transportation |
| San Mateo | Local Streets and Roads Improvements | $4.9 | $4.9 | Local Streets and Roads |
| San Mateo | SamTrans Bus Replacement Project | $9.0 | $61.7 | Public Transportation |
| San Mateo | SamTrans Fare Collection Equipment | $1.7 | $9.6 | Public Transportation |
| San Mateo | SamTrans Van Purchase for Shelter Network | $0.0 | $0.0 | Public Transportation |
| San Mateo | Smart Corridors ITS Project | $18.0 | $30.5 | STIP/TLSP |
| Santa Clara | Aldercroft Heights Rd | $0.1 | $0.9 | Loc Bridge |
| Santa Clara | Caltrain South Terminal Station Project | $6.8 | $52.0 | Public Transportation |
| Santa Clara | Central Expressway | $0.1 | $1.0 | Loc Bridge |
| Santa Clara | Citywide Traffic Light Signalization/Synchronization | $9.3 | $12.4 | TLSP |
| Santa Clara | E. Julian St | $0.1 | $0.5 | Loc Bridge |
| Santa Clara | E. William St | $0.0 | $0.3 | Loc Bridge |
| Santa Clara | Local Streets and Roads Improvements | $12.9 | $12.9 | Local Streets and Roads |
| Santa Clara | Shoreline Blvd | $0.1 | $0.8 | Loc Bridge |
| Santa Clara | Southwest Exp. Way | $0.1 | $0.5 | Loc Bridge |
| Santa Clara | US-101, I-880 Traffic Detection | $2.6 | $2.6 | SHOPP |
| Solano | Bahia Benicia Crossover | $4.8 | $4.8 | IC Rail |
| Solano | City of Dixon Readi-Ride Bus Purchase | $0.1 | $0.2 | Public Transportation |
| Solano | Fairfield Bus Stop Improvements | $0.3 | $0.4 | Public Transportation |
| Solano | I-80 HOV HOV Lanes - Pavement Rehabilitation | $3.4 | $25.6 | CMIA |
| Solano | I-80 HOV Lanes from I-80/I-680/SR-12 to Putah Creek | $29.5 | $29.6 | CMIA |
| Solano | Local Streets and Roads Improvements | $3.1 | $3.1 | Local Streets and Roads |
| Solano | Suisun City/City of Fairfield DART Paratransit Replacement Vehicles | $0.1 | $0.1 | Public Transportation |
| Solano | Traffic Detection | $1.7 | $1.7 | SHOPP |
| Solano | Vacaville Bus Shelters | $0.1 | $0.1 | Public Transportation |
| Solano | Vacaville City Coach Bus Purchase | $.24 | $2.4 | Public Transportation |
| Solano | Vallejo - Install Bus Shelters and Stops | $0.4 | $0.5 | Public Transportation |
| Sonoma | Healdsburg Bus Purchase | $0.1 | $0.1 | Public Transportation |
| Sonoma | In Santa Rosa, on Steele Ln / Guerneville Rd, Traffic Synch. | $1.1 | $1.1 | TLSP |
| Sonoma | Local Streets and Roads Improvements | $2.8 | $2.8 | Local Streets and Roads |
| Sonoma | Santa Rosa CityBus BusPurchase | $0.9 | $2.4 | Public Transportation |
| Sonoma | Sonoma County Transit Bus Purchase | $0.8 | $7.4 | Public Transportation |
| Sonoma | US-101 HOV Lanes (Central) | $86.3 | $94.3 | CMIA/STIP |
| Sonoma | US-101 HOV Lanes (Wilfred) | $48.2 | $69.1 | CMIA |
| Sonoma | US-101 HOV Lanes between Santa Rosa and Windsor (North) | $57.9 | $86.1 | CMIA |
| Totals: | $1,067.8 | $3,554.1 |
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This page was last modified Friday July 10, 2009
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