CEF2E00F3546324A87258A3D006EE0CA Hearing Summary CLICS/CLICS2023A/commsumm.nsf PUBLICBILL SUMMARY For PRESENTATION FROM PUBLIC HIGHWAY AUTHORITIESINTERIM COMMITTEE TRANSPORTATION LEGISLATION REVIEW COMMITTEEDate Oct 3, 2023 Location Old State Library Presentation from Public Highway Authorities - Committee Discussion Only Attachment Tag File Name http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/9A0A71AA212E...$File/AttachmentHE470 TLRC Presentation.pdf?OpenElement AttachmentHE470 TLRC Presentation.pdf http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/263321919C94...$File/AttachmentI_NWPPHA.pdf?OpenElement AttachmentI_NWPPHA.pdf http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/E60BEB57EBEA...$File/AttachmentJJeffersonPkwyTLRC Presentation.pdf?OpenElement AttachmentJJeffersonPkwyTLRC Presentation.pdf 02:11:07 PM John Diak, Board Chairman representing E-470 gave a history of of the public highway. The highway authority's presentation can be found in Attachment H. 02:14:18 PM Mr. Diak indicated that the authority is 100 percent user financed and is not funded by taxes. He said that the current debt for E-470 is $1.3 billion and is related to bonds, which are scheduled to be paid off in 2041. 02:14:55 PM Mr. Diak discussed monthly transaction trends for E-470. 02:15:47 PM Mr. Diak talked about the reduction of tolls and elimination of fees. He indicated that this year, toll rates were frozen. Mr. Diak mentioned that vehicle registration fees related to the toll road and highway expansion fees were eliminated in 2018 and 2017, respectively. 02:16:36 PM Mr. Diak talked about the ratings upgrade history for the tollway. 02:17:30 PM There was a discussion about regional collaboration to improve the journey. Mr. Diak mentioned that E-470 works with communities along the tollway on a variety of projects including trails, additional interchanges, and electric vehicle charging. 02:18:14 PM Beau Memory, Executive Director representing E-470, shared that the authority has reinvested $500 million into projects, including lighting and technology, and has put $1.5 billion into the region. 02:19:09 PM Mr. Memory talked about a number of reinvestments, including road widening, interchanges, trail extension. He focused on projects at I-70 and 104th Avenue that eventually includes four lanes; interchanges at 38th and 48th Avenues; expansions at 64th Avenue and Pena Boulevard; and expansion of the High Plains Trail from 26th to 64th and 88th to 104th Avenues. 02:19:45 PM Mr. Memory talked about the sustainability efforts of the authority, including water conservation, and upgrading electric vehicle chargers powered by solar energy. There was a discussion about solar infrastructure along the tollway. 02:20:32 PM Mr. Memory mentoned the authority's commitment to safety, including signs for on and off ramps addressing divers driving the wrong way; cable barriers; deer fence; 24-7 monitoring of the tollway; and snow removal. 02:21:36 PM There was a discussion about roadside assistance including responding to 12,000 calls in 2022 and a partnership with the State Patrol. 02:22:32 PM Mr. Memory discussed commercial motor vehicle support. He talked about discounts to commercial vehicles traveling E-470. Mr. Memory talked about the value of commercial goods moving along the tollway, with $3.6 billion in goods flowing in and $4.3 billion in goods flowing out. 02:23:44 PM Mr. Memory outlined E-470's partnership with the Department of Corrections. He said that since 2017 inmates have helped review images of license plates to ensure that billing is sent to the correct individuals. Mr. Memory indicated that 32 individuals are reviewing around 5,600 images per day with close to a 99 percent accuracy rate. 2022 operating statistices for E-470 were provided by Mr. Memory, including 86.2 million transactions, as well as serving customers on 870,855 calls. Mr. Memory mentioned that the authority is receiving high rankings in customer service. 02:24:01 PM Mr. Memory talked about E-470's legislative interests, including public employees, public authority interests, and land use and property development. 02:24:24 PM There was a discussion about E-470's debt. Mr. Diak talked about debt payments and funds for infrastructure. 02:26:49 PM There was a discussion about enforcement and the partnership with the Department of Corrections. E-470 staff will provide costs for the program to Representative Mabrey. 02:31:32 PM The presenters discussed toll rates and volume, as well as the widening of lanes. 02:34:09 PM There was a discussion about safety. 02:36:10 PM The presenters continued to discuss debt retirement. 02:38:47 PM The committee discussed intersections and the Front Range Passenger Rail District. 02:42:31 PM Presenters answered questions about the use of the tollways right of way for rail. 02:43:16 PM Joel Meggers, Managing Administrator representing the Northwest Parkway, provided information about the parkway (Attachment I). 02:46:14 PM Mr. Meggers provided a history and membership of the parkway. 02:46:25 PM Mr. Meggers talked about the boundaries of the parkway. 02:47:26 PM There was a discussion about the milestones for the parkway, including toll rates on electronic signs in 2020 and pavement rehabilitation in 2019. 02:48:39 PM Pedro Costa, Chief Executive Officer represnting the Northwest Parkway, LLC, talked about the responsibilities of the LLC. 02:49:20 PM Mr. Costa talked about the concession. 02:50:44 PM Mr. Costa talked about traffic on the parkway, including that post-pandemic traffic is at 2017 levels. 02:51:06 PM The discussion continued on traffic, and included information about the relationship to toll revenue. 02:51:53 PM Mr. Costa outlined the Marshall Fire Toll Relief Fund. He said the fund was used for those rebuilding their homes with the remaining balance going to local non-profits to aid all victims. 02:56:10 PM Bill Ray, representing the Jefferson Parkway Highway Authority, presented information about the authority (Attachment J) to the committee. 02:58:50 PM Mr. Ray talked about the history of the parkway. 03:02:04 PM Mr. Ray talked about the ongoing discussion with some members wanting to withdraw from the parkway.