Steering Committee Presentation December 12, 2012 MIAMI DADE, - PowerPoint PPT Presentation

South Florida East Coast Corridor (SFECC) Study Steering Committee Presentation December 12, 2012 MIAMI ­ DADE, BROWARD, AND PALM BEACH COUNTIES, FLORIDA 1

Agenda Agenda 1. Funding Case Studies Funding Case Studies 1. 1. Red Line Regional Rail, North Corridor - Katherine Henderson, KKH Consulting 2. SunRail, Orlando - Tawny Olore, P. E.; EnviroTrans Solutions 2. Schedule Schedule 2. 3. Memorandum of Understanding Memorandum of Understanding 3. 4. Upcoming Meetings Upcoming Meetings 4. 5. MPO Director Meetings MPO Director Meetings 5. 1. Funding Recap 2. Takeaways 3. Next Steps 4. Stations 2

Schedule Schedule PROJECT TASK 2012 2013 2012 2013 NOV DEC JAN FEB MAR APR MAY AAF / FECI Coordination Update Costs and Ridership MPO Director Meetings Status Update Presentations FTA Coordination Pre-PD Report and Supporting Documentation Public Outreach Entry into PD Letter to FTA 3

Memorandum of Understanding (MOU) Memorandum of Understanding (MOU) • Minnesota Workshop: November 14 Minnesota Workshop: November 14- -16, 2012 16, 2012 • – FDOT, SFRTA, FECI, TCRPC, MPOs and Elected Officials – Successful session on moving the project forward – Established framework for project coordination • Draft MOU for discussion Draft MOU for discussion • • MOU to be executed by MPOs, SFRTA, FDOT, RPCs MOU to be executed by MPOs, SFRTA, FDOT, RPCs • 4

Upcoming Meetings Upcoming Meetings • FTA Coordination Meeting FTA Coordination Meeting • – Anticipated in January 2013 (date TBD) – Provide project status update to FTA – Discuss MAP-21 guidance and requirements • Steering Committee Meeting Steering Committee Meeting • – February 2013 – Provide update on All Aboard Florida impacts & preview Board updates scheduled for Spring 2013 • Meeting Coordination Meeting Coordination • – FDOT & SFRTA • Quarterly Board Updates Quarterly Board Updates– – MPOs, SFRTA, SEFTC MPOs, SFRTA, SEFTC • 5

MPO Director Meetings – – Funding Recap Funding Recap MPO Director Meetings • Assess financial capacity and identify funding Assess financial capacity and identify funding • opportunities opportunities – Preliminary order-of-magnitude funding targets developed for discussion – Feedback was positive and will help direct future efforts – Several key takeaways and follow-up areas were identified 6

MPO Director Meetings – – Takeaways Takeaways MPO Director Meetings • Key takeaways & follow Key takeaways & follow- -up items up items • – Update costs to account for rail corridor access and All Aboard Florida – Explore alternative models for allocating funding targets and apply to updated costs – Opportunities may exist to reprioritize planned projects and make funds available – Identifying additional financial capacity will be more difficult – Funding operating costs will be more challenging than capital costs – Identify viable O&M sources – New revenue source concepts (e.g., value capture) need to be conceptualized and quantified 7

MPO Director Meetings – – Next Steps Next Steps MPO Director Meetings • Funding Funding • – Refine funding and financing strategies through coordination with MPOs and local governments – Continue to develop broad stakeholder support as project develops – Engage FECI in access discussions – Establish Financial Steering Sub-Committee to develop Financial Framework & Plan 8

MPO Director Meetings – – Stations Stations MPO Director Meetings • Station locations Station locations • – Station locations by county were reviewed with each MPO for concurrence – Station Refinement Report forthcoming for comment – Stations will be further evaluated in Project Development phase 9

South Florida East Coast Corridor (SFECC) Study Thank You! MIAMI ­ DADE, BROWARD, AND PALM BEACH COUNTIES, FLORIDA 10