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HOT Lanes on I-77What do we do now?
July 24, 2014
The Problem
Congestedstretch of four lane road from mm21 to exit 36
A Solution
Add a general purpose lane in both directions
•13 miles•$80- 130M (est)
Source: “I-77 Feasibility Study,” December 7, 2009
The Current Plan
Privately Operated Toll Lanes
•27.5 Miles•$655 M•50 year contract
Source: NCDOT Press Release, April 11, 2014
Why the difference?
Source: RFP
Majority of travel time
savings
Majority of Cost
?
The Cost Of Toll Lanes
Source: I-77 JLTCO Report, 4-25-14, WI77 analysis
Taxpayer Obligation
Taxpayer Contribution $88M For private tolling lanes
Taxpayer Subsidy $75M To cover potential revenue shortfalls
Taxpayer Liability $215M Government-backed bonds
Substantial Taxpayer Involvement for Having “No Money”
Source: I-77 JLTCO Report, 4-25-14, WI77 analysis
Toll Rates 2015
Source: I-77 HOT Lanes Technical Memorandum #6, Stantec, Sept 4, 2012
$20 Round Trip When Toll Lanes Open
Toll Rates 2035
Source: I-77 HOT Lanes Technical Memorandum #6, Stantec, Sept 4, 2012
$40 Round Trip In Twenty Years
Congestion On General Lanes
2015 2035 Difference
AM Commute(Minutes)
39.4 71.6 32.3
PM Commute(Minutes)
41.5 69.3 27.8
Total(Minutes)
80.9 140.9 60.0
Source: I-77 HOT Lanes Technical Memorandum #6, Stantec, Sept 4, 2012
Commute Time Lengthens By An Hour per Day
Average Commute Time- Charlotte to Mooresville
Current NCDOT Position
“Study is outdated” What’s changed in the last 18 months?
“Average toll more like $2” 10-15 million toll trips per year? Every M/W/C in LKN takes 100 toll trips/year
“Aggressive model- one of many simulations” Information sent in response to “Base Case Financial
Model” FOIA request “Only numbers that matter are Cintra’s”
Will not be made public until AFTER contract is signed General lanes will only become re-congested
again NCDOT’s impact study looked at first 6 months of 50
year contract
Ingress & Egress
Source: RFI for Senator Tarte, 6-17-14
Exit 27 (Westmoreland)
Exit ~20 (Hambright)
CharlotteCharlotte
Exit 18 (WT Harris)
Exit 13 (I-85)
Existing LKN Exits Bypassed (23, 25, 28, 30)
MooresvilleMooresville
35
33
30
28
25
23
Exit 36 (NC 150)
Exit 31 (Langtree)
Patron Confidential Information Foreign company collects:
Name, Address, Tel #, email, credit card info Drivers license number Vehicle registration information Social Security Number Law enforcement records Financial profiles Medical data
Information shared with: NCDOT (upon request) Authorized employers or contractors Authorized collection agencies North Carolina Public Safety agency (for toll enforcement) Any other public law enforcement agency (for toll
enforcement) Any governmental entity (under applicable law)
Source: Executed Comprehensive Agreement, Sect 8.7, June 26, 2014
In Summary, Tolling… Is Expensive
$20 daily tolls
Ensures Congestion for 50 years Commute times nearly double
Bypasses local businesses Collects significant personal data
Can be shared widely
Private Toll Lanes Are Not the Answer
Status
“Commercial Close” Signed June 26, 2014
“Financial Close” Q4 2014
Time Is Short
How can this be stopped?
At the direction of the Governor
Vote of the NCGA HB 1274
Or…
What do we do now?
Legislature Outreach
Business Outreach
Community Outreach
Donations
Reprioritizing Transportation Funding
Statewide (40%)~$2.4B
Regional (40%)~$2.4B
Division(20%)
~$1.2B
Per capitaby region
Equallyto Divisions
Project Merit (Data)
5 6 7
8 9 10111213
4321
14
A B C
D E F G
Interstates/ NHS/STRAHNET
/Tolls/Etc
(S) + Hwys, Airport, Rail,
Transit
(S) + (R) + Local
Three-Plus Chances for Funding GP LanesHB817, Strategic Transportation Investments,
Strategic Mobility Fund- Criteria
• Benefit/Cost• Congestion• Economic
competitiveness• Freight• Multi-modal• Pavement
condition• Lane width• Shoulder width
100%
Statewide (40%)~$2.4B
Regional (40%)~$2.4B
Division(20%)
~$1.2B
• Benefit/Cost• Congestion• Economic
competitiveness• Freight• Multi-modal• Pavement condition• Lane width• Shoulder width
70%
• Local considerations
30%
• Benefit/Cost• Congestion• Economic competitiveness• Freight• Multi-modal• Pavement condition• Lane width• Shoulder width
50%
• Local considerations
50%
Much Greater Emphasis on Project Merit
NCDOT Division 10:
“An I-77 General Purpose Lane Project Would Score Extremely Well Under the New Criteria…”
Mar 3, 2014
Local Politicians Follow Suit Cornelius Mayor Lynette Rinker: “It was
just reiterated unequivocally by our legislative leaders that this (HOT lanes) is our one shot to get this done. This is it. That was underscored with bold type and exclamation points.”
-Davidson New.net, April 1, 2013
Davidson Mayor John Woods: “We are
under the direction of the state. The town of Davidson doesn't manage I-77, nor does the City of Charlotte, Mecklenburg County or Iredell County.”
-Huntersville Herald, Jan 31, 2013
I-77 HOT Lanes
An Expensive, Non-Solution That Limits Future I-77
Improvements and Negatively Impacts Our Economy
We get the government we deserve.
