Item 2C - Project Connect - staff presentation — original pdf

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City of Austin Urban Transportation Commission Project Connect Update MARCH 9, 2020 1 1 • PROJECT CONNECT RECOMMENDED SYSTEM PLAN AGENDA • PROGRESS RECAP • IMAGINING THE FUTURE • FUNDING AND GOVERNANCE • NEXT STEPS 2 PROJECT TIMELINE APR 2019 OCT 2019 JAN 2020 MAR 2020 MAY 2020 NOV 2020 2021 – Beyond Project Connect Plan Alternatives Analysis Begins October 30 Joint Work Session January 14 Joint Work Session Investment Program Recommendation Potential Investment Program Approval Potential Transit Referendum It’s Go Time! Community Engagement Ongoing 3 COMMUNITY ENGAGEMENT MAR-APR 2020 Community education campaign, district meetings, neighborhood meetings, customer surveys and virtual feedback opportunity. Over 40,000 engaged to date MAY-NOV 2020 Community education campaign continues, event activations and presentations 2021 – Beyond Continued community engagement, business outreach on project corridors Upcoming District Public Input Meetings April 8 April 13 April 14 April 20 April 22 April 27 April 28 April 29 April 29 April 30 Fiesta Gardens Building Central Library Webb Middle School South Austin Senior Activity Center Oak Hill Community Center Norris Conference Center Dittmar Rec Center St. Alberts Catholic Church Parish Activity Hall Spicewood Springs Library Carver Museum 4 PROJECT CONNECT RECOMMENDED SYSTEM PLAN 55 5 READY FOR GROWTH By 2040, daily ridership on Orange and Blue Lines is expected to reach over 68,000. Choosing the proper vehicle and frequency determines our best investment for future proofing and growth. VEHICLE TYPE Daily Capacity REQUIRES TUNNEL REQUIRES TUNNEL 6 DOWNTOWN TRANSIT TUNNEL BENEFITS Fast, Safe & Reliable A downtown tunnel benefits the entire network—transit and traffic Travel Time Savings Placemaking Partnership Opportunities Safer for Everyone Reduces Conflicts with Other Road Users and 20% of the Traffic Signals Expanding Transit Footprint Futureproofing 7 PROJEC T CONNEC T | SYSTEM PLAN RECOMMENDATION Light Rail Transit in Dedicated Transitways for both Orange and Blue Lines. - 30 Miles, 32 Stations incl. Downtown Transit Tunnel Station and Operational Improvements. New Commuter Rail Service to Connect Downtown to Colony Park with potential extension to Manor and Elgin. Bus Rapid Transit in Dedicated Transitway. Potential to convert to LRT. - 6 Miles, 10 Stations High Frequency Bus with Priority Treatments. 7 New Routes - ~100 Miles, 200 Stations 8 New Routes - 5 outside service area 24 New Park & Rides - 10 outside the service area. Better bus service and stop amenities Enhanced demand response service Zero Emissions Improved Customer Tech New Circulator Zones (Pickup) Maintenance Facility Improvements 8 IMAGINING THE FUTURE 99 9 10 10 11 11 12 12 Regional Transportation Center 13 13 14 14 15 15 16 16 Split Platform Street Section 17 17 18 18 19 19 20 20 21 21 FUNDING & GOVERNANCE 2222 22 POLICY DIRECTION • CapMetro Board approved Vision Plan in December 2018 • Council-adopted Austin Strategic Mobility Plan (ASMP) includes a goal of 50/50 mode split; “We should increase transit share by … Supporting the creation of a high capacity transit system …” • City Council Resolution 20190808-081: Directed the City manager to “analyze and report on options for the [City and other entities] to leverage resources to support the creation, operation, and maintenance of a high-capacity transit system…” 23 LOCAL FUNDING OPTIONS: CRITERIA Criteria for Local Funding • Can generate sufficient funds for the investment • Can fund all aspects of the investment • Capital • Operations & Maintenance • Capital Repair & Replacement • Operating Reserves • Debt Reserves • Can meet Federal Funding requirements and leverage all federal funding opportunities $ F T A R F T A R e vie w e vie w 24 LOCAL FUNDING: CAPITAL METRO Federal Transit Administration Grantee • 40% program share One-time Available Funds • Capital Expansion Fund - $60 to $70M by 2022 • Project Connect Planning & Development - $56M from 2016 to 2022 Recurring Operations Funding • Unallocated Sales Tax • Farebox • Park and ride 2028 ($M) 2040 ($M) Low High Low High Potential Park & Ride Fees 4 5 8 Additional Fare Revenues 17 40 28 Routes 801 & 20 Service Reallocation Potential Available Sales Taxes 7 33 16 39 8 33 10 79 18 39 TOTAL 61 100 77 146 25 LOCAL FUNDING: CITY OF AUSTIN Transit Referendum Ballot Question • Approve a FY21 tax rate that includes new revenue above 3.5% growth • Dedicated to Project Connect investments • Meets FTA local funding criteria Criteria for Funding: Tax Rate Election Capital Operations & Maintenance Capital Repair & Replacement Operating Reserves Debt Reserves Leverage Federal Funding Yes Yes Yes Yes Yes Yes 26 PROGRAM SEQUENCING & FUNDING: Scenarios • Preliminary scenarios from Integrated Revenue & Cost Model Years to Build-Out 15 years 25 years 30 years 30 Years A All B All C D All All with no tunnel 12.5 to 13.5 cents 10 to 11 cents 9 to 10 cents 6.5 to 7.5 cents $34 to $37 / month $27 to $30 / month $24 to $27 / month $18 to $20 / month Project Connect Program Components Additional Tax Rate in Year 1 Estimated impact on Tax Bill for Median Taxable Home *Estimated at $325,000 for FY21 27 PROGRAM COST ESTIMATES Project Connect Program Components Orange, Blue (incl. Downtown Tunnel) and Gold Lines MetroRapid MetroRail – Green MetroRail - Red MetroExpress and Park & Rides Neighborhood Circulators Maintenance Facility Improvements Fare Collection Systems Total 40% Federal Future Regional Green Line and MetroExpress Recommended System Plan Local Commitment Cost $7.9B $170M $510M $445M $200M $3M $300M $30M $9.6B - $3.8B - $200M $5.6B 28 RECOMMENDED PROGRAM SEQUENCE 1 2 3 4 5 6 7 8 9 10 11 12 Y E A R S Extensions: Year 24-30 Phase II: Year 11-15 Phase I: Year 9-13 LIGHT RAIL Orange Line (LRT) Blue Line (LRT) METRORAIL Red Line (Commuter Rail) Green Line (Commuter Rail) METRORAPID Gold Line (BRT) Phase I Phase II Phase III METROEXPRESS & PARK AND RIDES METROBUS & METROACCESS IMPROVED CUSTOMER TECH Notes: 1. Based on 3/9/2020 funding recommendation 2. Years based on federal NEPA and funding approvals NEPA / Preliminary Engineering Final Design / Procurement Construction / Commissioning 29 PROGRAM INTEGRATION AND COORDINATION • Development • Transit Oriented Development Opportunities • Affordable Housing and Anti-Displacement Opportunities • Public Initiatives • Austin Airport Expansion • Convention Center Expansion • South Central Waterfront • McKalla Place • Utilities 30 ACTIVE TRANSPORTATION INVESTMENTS 31 A New Joint Venture Partnership Framework F U N D I N G City of Austin Funding Cap Metro Funding + Federal Funds G O V E R N A N C E & I M P L E M E N TAT I O N Local Government Corporation Governance Financing Planning & Implementation O P E R AT I O N S Capital Metro Guiding Principles • Transparency • Single entity vested with authority and resources to construct and implement Project Connect • A new independent board • City Council and Capital Metro Board oversight • Joint Program Office staffing & management Engaging consultant to present framework by May 32 NEXT STEPS • Community meetings in each city council district • Finalize Integrated Revenue and Cost model in April • Joint Public Hearing – May 2020 • Updated ridership analysis based on CAMPO 2045 data • Development of Gold Line LRT project options • Joint Session – May 2020 • Capital Metro Locally Preferred Alternative (LPA) adoption • City of Austin funding direction • Framework of Local Government Corporation 33