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04 April 25, 1994 CommissionRIVERSIDE COUNTY TRANSPORTATION CO1VINIISSION SPECIAL MEETING MONDAY, APRIL 25, 1994 1:00 P.M. RCTC CONFERENCE ROOM A 3560 UNIVERSITY AVENUE, SUITE 100 RIVERSIDE, CALIFORNIA 92501 AGENDA 1. CALL TO ORDER. 2. PUBLIC COMMENTS. 3. CLOSED SESSION CONFERENCE WITH LEGAL COUNSEL - ANTICIPATED LITIGATION PURSUANT TO SECTION 54956.9(c) - ROUTE 91 TOLLROAD. 4. MEASURE A VISION AND STRATEGY PAPER. Overview The purpose is to provide adequate time for RCTC staff to outline issues needed to be resolved and for the Commissioners to adequately discuss the issues and develop policies for approval at the May Commission meeting. The Commission is requested to provide guidance to staff and discuss whether or not to proceed with Parts II and II of the Measure A Vision and Strategy Paper and, at the May meeting, take action to approve Part I of the Measure A Vision and Strategy Paper including funding for the additional right-of-way for future expansion of Routes 74 and 79 to six lanes. 5. ADJOURNMENT. 41 tl)14410) The next meeting is scheduled to be held at 2 P.M., at the Kay Ceniceros Senior Center, 29995 Evans Road, Sun City. RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: April 18, 1994 TO: Riverside County Transportation Commission FROM: Jack Reagan, Executive Director Paul Blackwelder, Deputy Executive Director SUBJECT: Measure A Workshop - Vision and Strategy Paper This special meeting was scheduled to provide adequate time for RCTC staff to outline issues needing to be resolved for further progress and for Commissioners to adequately discuss the issues and develop policies for approval at the next Commission meeting. Two topics scheduled for discussion: (1) Purchase of right -of- way needed in the future to widen Route 74 (Perris to Elsinore), and Route 79 (Newport to Keller) to 6 lanes, while the project identified in the approved Measure A Expenditure Plan only identifies widening to 4 lanes; and (2) To determine, given current financial projections, if the Commission should move ahead with developing a schedule which would identify when environmental, design and construction phases of each of the fundable projects identified in the Measure A Highway Program would be completed, or to defer this work. Elected officials from cities in the Western County area have been invited to attend since the WRCOG Executive Committee is scheduled to make recommendations to the Commission regarding the Routes 74 and 79 additional right-of-way issue. ADDITIONAL RIGHT-OF-WAY - ROUTES 74 AND 79 There have been policy differences over the last few years between the Commission and Caltrans District 8 relative to the scope of the projects to constructed through the Measure A Highway Program. The Measure A Highway Program relies not only Measure A revenues, but also on all revenues Riverside County expects to receive through the State Transportation Improvement Program (STIP) over the same twentime period. In general, the scope proposed by RCTC has been the improvement specifically cited in the approved Measure A Plan which was developed to solve capacity problems existing in 1988. The scope proposed by Caltrans has also considered future growth and additional capacity. Since the only funding sources expected to be available for highway expansion are Measure A funds and STIP funds and since growth will occur, a process to resolve these differences in policy regarding scope is needed. The Commission and the Director of Caltrans District 8 agreed to resolve the scope issue through the environmental review process. Page 2 April 18, 1994 In order to adequately study the altematives through the environmental process, the initial alternative considered was the project identified in the Caltrans Route Concept Reports, a Caltrans District planning document which identify future capacity needs for the highway based on approved and projected development. The Route Concept .Reports for both Route 74 (Perris to Lake Elsinore) and Route 79 (Newport to Keller) show the existing highway will have to be widened from 2 lanes to 6 lanes to accommodate future traffic. The Measure A Plan identified widening from 2 lanes to 4 lanes. The environmental documents for these projects have been funded and prepared RCTC with Caltrans District 8 providing review and oversight. A compromise proposal was developed in the environmental document to accommodate both the short and long term capacity needs for thelse two highways. The projects proposed in the environmental documents provide for purchasing the right-of-way to allow expansion of the highway from its current 2 lanes to the ultimate 6 lanes, and limit construction to a 4 lane highway under the Measure A Highway Program. Construction of the additional 2 lanes to bring the highway up to the ultimate 6 lane highway that will be needed will have to be done by the State after the Measure A Highway Program is completed. The cost to protect the right-of-way for future expansion to 6 lanes is estimated to be $ 2.1 million for Route 74 (Perris to Lake Elsinore) and $1.0 million for Route 79 (Newport to Keller). Attached is a Table which shows the costs associated with Route 74 relative to purchasing right-of-way for 6 lanes or 4 lanes. The table also shows revenue information regarding Measure A funds and STIP funds which staff will discuss at the workshop. DEVELOPMENT OF PROJECT PRIORITIES AND SCHEDULES: Attached is a table containing Projected Revenues for the Highway And Commuter Rail Programs through FY 2009 based on a "pay as you go" scenario (i.e. no additional borrowing) and expenses through FY 1997 based on the current approved RCTC Budget for FY 1994., also attached. The Net Sales Tax Funds For Projects line on the table shows there will be little, if any , Measure A funds to program for additional projects for several years without additional debt service. Additional borrowing for highway and rail is not possible within the short term without deferring allocations f r local streets and roads or Special Transportation Programs. We are at this crossroad because we have been so successful in accelerating the construction of improvements along Route 91 through Riverside and Corona from Mary Street to the Orange County Line, advancing construction on a segment of Route 86, and getting commuter rail service up and running between Riverside and Los Angeles with proceeds from bonds issued by the Commission. We have hit that point a decrease in revenues related to the recession and where debt service payments on existing bonds have limited our ability to continue to accelerate projects for the next several years. Page 3 April 18, 1994 The Vision and Strategy Paper was set up to be accomplished in three parts. The first part is comparison of revenues and project costs to identify which projects can be built under current revenue assumptions. The second and third parts would develop a priority and schedule for each fundable project in constant dollars and escalated dollars. These two parts could be reduced to one using escalated dollars. The primary advantage of proceeding with the work to develop a priority list and a project completion schedule is it provides some level of assurance to local elected officials and residents of the year they can expect the project in their area to be completed. The work of the Commission and Caltrans would then concentrate on delivery of individual projects in the scheduled sequence. There are also some disadvantages to proceeding to this next step at this time. There are no significant Measure A funds to program for additional projects in the short term. There is a shortage of funding at the State level which they may be willing to resolve by increasing revenues after the November'94 elections. Analysis in part one of the paper shows clearly that additional State revenues will be needed if we are to be able to construct all of the projects in the Measure A Highway Plan. There is also a likelihood of major changes in the composition of the Commission within the next year which may also result in a different set of priorities. In order to develop a priority list and schedule the Commission will first have to determine which projects will rely on STIP funding for the remaining project development work, right-of-way acquisition and construction; and which projects will use Measure a funds for these same items. Making this distinction will make it more difficult to use Measure A funds for expenses to accelerate projects identified as STIP funded projects or vice versa. A strict project by project schedule may also make it more difficult for the Commission to revise the schedule and make the most effective use available funds. For example, all of the interchange improvements in the Job Development Program and in the Local Circulation Improvement Program require some funding by the local agencies involved. In most cases there is no certainty when these local funds will be available. To the extent that funds are spent on one project and local funds are not available, another project for which local funds are available may be delayed. STAFF RECOMMENDATIONS: That the Commission, at the May meeting, take action to: (1) Approve Part I of the Vision and Strategy Paper including funding for the additional right -of- way for future expansion of Route 74 and 79 to 6 lanes: and (2) Discuss whether or not to proceed with Parts II and III of the Vision and Strategy paper and provide guidance to staff. PB:sc FORECASTED FUNDS AND EXPENDITURES FOR MEASURE A PROGRAM IN ACTUAL YEAR DOLLARS EXPENDITURES FOR 1994,1995 AND 1996 CORRESPOND WITH MEASURE A.THREE YEA R BUDGET (IN MILLIONS OF DOLLARS) FUNDS FOR PROJECTS 1994 1995 1996 1997 1998 1999 2000 200I '' 2002 :.' 2003 : 2004 '; 2005 2,006 2007 ;; 200$ 2009 :TOTAL. SALES TAX - HWY & RAIL 20.331 21.567 23.326 25.472 28.081 30.956 34.127 37.266 40.307 43.596 47.153 50.511 54.107 57.960 62.086 66.507 703.210 STIP (LOW CASE) 0.205 3.307 44.299 26.198 69.115 41.831 0.000 0.000 0.000 0.000 32.708 32.255 31.880 35.685 37.372 36.846 442.399 STIP ADVANCE 0.000 5.100 3.100 0.000 8.200 SHOPP REIMBURSEMENT 0.000 5.000 0.000 0.000 5.000 CMAQ 0.000 0.000 3.800 1.500 5.300 LOCAL FUNDS 0.000 0.000 0.000 0.000 0.000 SB 300 4.000 3.000 0.000 0.000 14.300 SCRRA REIMBUREMENT 3.700 0.000 0.000 0.000 3.700 BONDS PROCEEDS - HWY 0.000 0.000 0.000 0.000 50.000 160.332 BOND PROCEEDS - RAIL 0.000 0.000 0.000 0.000 54.171 COMMERCIAL PAPER PROGRAM 12.000 21.000 17.000 0.000 50.000 INTEREST INCOME 1.602 1.497 1.327 1.438 17.687 TCI 0.000 0.500 0.000 0.000 1.500 CORONA LOAN REPAYMENT 0.500 0.500 0.500 0.500 0.500 0.500 0.500 0.500 0.500 0.500 0.500 0.500 0.500 0.500 0.500 7.500 TOTAL FUNDS AVAILABLE 41.838 61.471 93.352 55.108 97.696 73.287 84.627 37.766 40.807 44.096 80.361 83.266 86.487 94.145 99.958 103.853 1,473.299 PROJECT EXPENDITURES 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 : 2006 : 2007 XX* 2009 TOTAL MEASURE A - HIGHWAY 28.438 38.472 21.927 4.830 2.000 0.000 206.811 MEASURE A - RAIL 2.625 5.280 5.221 1.921 0.000 0.000 92.953 STIP EXPENDITURES 0.205 3.307 44.299 26.198 69.115 41.831 235.652 LOCAL BNDING ACTIVITY 0.000 0.000 0.000 0.000 0.000 0.000 0.000 DEBT - FIXED RATE AND COMM. PAPER 18.526 19.364 20.046 20.082 20.043 20.047 76.130 26.132 26.133 26.133 26.132 26.133 26.134 26.133 26.129 26.130 486.344 TOTAL EXPENDITURES 49.794 66.423 91.493 53.031 91.158 61.878 76.130 26.132 26.133 26.133 26.132 26.133 26.134 26.133 26.129 26.130 1,021.760 1994 1995 1996 ',' 1997_'' 1598 1999 '' 2000 :: 2001 2002 : 2003 2004 > 2005 2006 2007 " 2008 2009 TOTAL CARRY OVER FROM PREVIOUS YEAR 21.200 13.244 8.292 10.151 12.228 18.766 30.175 38.672 50.306 64.980 82.943 137.172 194.305 254.658 322.670 396.499 (FUNDS LESS EXPENDITURE) IN YEAR -7.956 4.952 1.859 2.077 6.538 11.409 8.497 11.634 14.674 17.963 54.229 57.133 60.353 68.012 73.829 77.723 CUMULATIVE FUNDS CARRY OVER 13.244 8.292 10.151 12.228 18.766 30.175 38.672 50.306 64.980 82.943 137.172 194.305 254.658 322.670 396.499 474.223 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 `' 2005 2006 2007 2038 '' 2009 TOTAL 'NET SALES TAX FOR PROJECTS 1.859 2.077 6.038 10.909 7.997 11.134 14.174 17.463 21.021 24.378 27.973 31.827 35.957 40.377 253.184 CARRY OVER AVAILABLE (RESERVE 55) STIP DOLLARS NOT PROGRAMMED 3.292 0.000 0.000 0.000 0.000 32.708 32.255 31.880 35.685 37.372 36.846 206.747 04/18/9403:42 PM 04/18/94 05:46 PM 6 LANE / 4 LANE ROW COST COMPARISON ROUTE 74 — PERRIS TO LAKE ELSINORE Revenues Measure A State NET TOTAL MEASURE A Expenditures for 4 Lanes Preliminary Engineering Environmental Engineering Right of Way Mapping Right of Way Remapping Geotechnical Services Final Design Right of Way Services Right of Way Acquisition Construction (4 Lanes) Construction Management TOTALS 4 Lanes $40,640,000 $0 (1) $40,640,000 Actuals thru Feb. 1994 $550,000 $370,000 $1,250,000 $0 $0 $0 $0 $0 $0 $0 $2,170, 000 GRAND TOTAL FOR 4 LANES = $40,640,000 Expenditures for 6 Lanes Preliminary Engineering Environmental Engineering Right of Way Mapping Right of Way Remapping Geotechnical Services Final Design Right of Way Services Right of Way Acquisition Construction (6 Lanes) Construction Management TOTALS Actuals thru Feb. 1994 $550,000 $370,000 $1,250,000 $0 $0 $0 $0 $0 $0 $0 $2,170,000 GRAND TOTAL FOR 6 LANES = $42,740,000 6 Lanes $42,740,000 $8,200,000 $34,540,000 Budgeted in 3 Year Plan 1994 — 1996 $25,000 $25, 000 $300,000 $0 $0 $0 $1,120,000 (2) $10,200,000 (2)/ $0 $0 $11,670,000 Budgeted in 3 Year Plan 1994 — 1996 $25, 000 $25, 000 $300, 000 $0 $0 $0 $1,120,000 (3) $10,200,000 (4) $0 $0 $11,670,000 Variance $2,100,000 ($8,200,000) ($6,100,000) Future Years Budget regd. To Complete $0 $0 $0 $500,000 $200,000 $2,000,000 $0 $0 $22,300,000 $1,800,000 $26, 800, 000 Future Years Budget regd. To Complete $0 $0 $0 $0 $200,000 $2,000,000 $0 $2, 600, 000 $22,300,000 $1,800,000 $28, 900, 000 (1) State will not advance for only 4 lane acquisition. (2) Of the $1,120,000 for right of way services and the $10,200,000 for right of way acquisition $8,200,000 is assumed to be from Caltrans STIP advance. Without the STIP advance the project would be delayed unless there was a reallocation of the Measure A budget or additional borrowing. (3) $1,120,000 to be funded by STIP advance. (4) $7,080,000 to be funded by STIP advance, $3,120,000 to be funded by Measure A.