156 Toll Road Study and Appendices - Transportation Agency for ...

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Tolling Traffic and Revenue Study Highway 156 CorridorTraffic and Revenue Analysiswith the AMBAG RTDM was also updated to reflect roadway network changes, butassumed no change in programmed future service.Route 156 West Corridor Phase 1 and 2 improvements were evaluated under IntermediateYear 2019 and Horizon Year 2035 conditions. The preferred alternative to improveHighway 156 from Castroville Boulevard to Highway 101 consists of the following twophases:Phase 1 – Widen Highway 156 to a four-lane divide expressway from CastrovilleBoulevard to Meridian Road. Construct an interchange at Highway 156 andCastroville Boulevard.Phase 2 – Construct new interchange to replace existing Highway 101 and Highway156 interchange.Traffic VolumesThe AMBAG RTDM contains observed annual average daily volumes that were used in thisstudy to validate the performance of the RTDM in the study area and serve as input to trafficgrowth analysis. In addition, existing traffic volumes were provided on Highway 156 andthe study area by Caltrans, TAMC, and AMBAG.Traffic counts were obtained on Highway 156 to determine seasonal variation in trafficvolumes. Figure 1, Highway 156 Observed Volumes demonstrates the variation oneastbound Highway 156 at MP 5.19 just west of the Highway 101 and Highway 156interchange. During January and October (off-peak) average daily traffic volumes are abouthalf of those observed in April and July (peak). Also, as demonstrated in Figure 1, there is apronounced increase in traffic volumes Thursday through Sunday during the peak season.These observations demonstrate the role Highway 156 plays in accommodating recreationaland tourist travel demand.3
Tolling Traffic and Revenue Study Highway 156 CorridorTraffic and Revenue AnalysisFigure 1: Highway 156 Observed VolumesTraffic growth was estimated by comparing demand estimates for years 2005, 2019, and2035. Traffic forecasts were developed by applying RTDM estimated growth to observedtraffic volumes. 2 Figure 2, Highway 156 (without Tolls) Forecasted Two-way DailyVolumes demonstrates forecasted two-way traffic growth on Highway 156 just west of theHighway 101 and Highway 156 interchange (MP 5.19).2 In accordance with methods described in “NCHRP Report 255: Highway Traffic Data forUrbanized Project Planning and Design”; Transportation Research Board; 19824
Page 5: STATE ROUTE 156 Tolling Traffic and
Page 8 and 9: Historic scheduling of these improv
Page 10 and 11: The Route 156 West Corridor Project
Page 12 and 13: e sought to support the constructio
Page 14 and 15: Why can’t we improve the intercha
Page 16 and 17: What amount will an individual be t
Page 18: STATE ROUTE 156 Tolling Traffic and
Page 21 and 22: STATE ROUTE 156 Tolling Traffic and
Page 23 and 24: Updated 10-1-12
Page 25: Updated 10-1-12
Page 28 and 29: APPENDIX BTraffic and Revenue Forec
Page 30 and 31: M E M O R A N D U MDate: May 10, 20
Page 34 and 35: Tolling Traffic and Revenue Study H
Page 48 and 49: Revenue Schedule - Tolling Plan "B"
Page 50 and 51: Revenue Schedule - Tolling Plan "D"
Page 52 and 53: APPENDIX CFinancial Feasibility Ana
Page 54 and 55: 50 California StreetSuite 2300San F
Page 56 and 57: Highway 156 Financial Feasbility An
Page 64 and 65: SR 156Scenario A; April 08, 2013I.
Page 66 and 67: III. Debt Service CoveragePledged C
Page 68 and 69: V. TIFIA LLCR and ReserveSurplusTIF
Page 70 and 71: VII. SpreadsMMD as ofAAA Taxable as
Page 72 and 73: II. Bonds Debt ServiceCIB 1 CIB 1 C
Page 74 and 75: IV. TIFIA Loan ScheduleCurrent Year
Page 76 and 77: VI. Aggregate Flow of FundsResidual
Page 78 and 79: SR 156Scenario C Phase 1; April 08,
Page 80 and 81: III. Debt Service CoveragePledged C
Page 82 and 83:
V. TIFIA LLCR and ReserveSurplusTIF
Page 84 and 85:
VII. SpreadsMMD as ofAAA Taxable as
Page 86 and 87:
II. Bonds Debt ServiceCIB 1 CIB 1 C
Page 88 and 89:
IV. TIFIA Loan ScheduleCurrent Year
Page 90 and 91:
VI. Aggregate Flow of FundsResidual
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