![]() The revenues are collected from users of the ExpressLanes that do not meet the eligibility and occupancy requirements for toll-free travel on the lanes. The net toll revenue program’s primary objective is to increase mobility and person throughput through the implementation of integrated strategies that enhance transit operations, transportation demand management, transportation systems management, active transportation, and capital investments in the 1-10 and 1-110 corridors. Projects from the first two rounds that have begun work and continue to make progress can have their lapsing date extended. This provision is the same process used during the first two grant rounds. Following Board Policy, the remaining revenue is then used to maintain project reserves, to support incremental additional transit service on the ExpressLanes, and for freeway/roadway improvements and system connectivity/ active transportation projects identified through a competitive grant program (Net Toll Revenue Grants).Īll projects awarded grants are required to ensure timely use of funds, including beginning to use the funds within one year of executing their funding agreement. Gross toll revenues generated from the ExpressLanes are first used to cover the direct expenses related to the maintenance, administration, and operation of the lanes per Metro Board policy. State law requires net toll revenues generated from the ExpressLanes program to be reinvested for transportation improvements in the corridor where generated, pursuant to an expenditure plan adopted by the Metro Board. ![]() AUTHORIZING the Chief Executive Officer (CEO) to extend all in-progress Round 1 and Round 2 Net Toll Revenue projects’ lapsing dates by two years (Attachment E). SUBJECT: METRO EXPRESSLANES NET TOLL REVENUEĬ. OPERATIONS, SAFETY AND CUSTOMER EXPERIENCE COMMITTEE Attachment E - Net Toll Revenue Grant Project List, 6. Attachment D - Project Eligibility Guidelines, 5. Attachment A - Round 3 Reinvestment Guidelines, 2. System Safety, Security and Operations CommitteeĪpplication, Budgeting, Coronavirus Disease 2019 (COVID-19), Council Of Governments, El Monte Busway, Equity Focus Communities, Expresslanes Incremental Transit Service (Project), Gardena, Grant Aid, Guidelines, Harbor Transitway, I-10, I-110, Location 0075, Long Range Transportation Plan, Maintenance, Maintenance practices, Metro Busway J Line, Metro Equity Platform, Metro ExpressLanes, Operations and Maintenance, Outreach, Plan, Policy, Program, Project, Ridership, Safety, South Bay Cities subregion, South Bay Service Sector, Strategic planning, Sustainable transportation, Tolls, Traffic signals, Transit buses, Transit centers, Transit Systemġ. AUTHORIZING the Chief Executive Officer (CEO) to extend all in-progress Round 1 and Round 2 Net Toll Revenue projects' lapsing dates by two years (Attachment E). APPROVING the Metro ExpressLanes Round 3 Net Toll Revenue Grant Applications (Attachments B and C) andĬ. APPROVING the guidelines and project eligibility for Round 3 of the ExpressLanes Net Toll Revenue Allocations (Attachments A and D) ī. Operations, Safety, and Customer Experience CommitteeĪ.
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