70 likes | 177 Views
California high-speed rail: From Vision to Reality. City Infrastructure Summit May 30, 2013 Costa Mesa, CA. From Planning to Implementation. 1970s – California creates plans for statewide high-speed rail system 1996 – Authority created 2008/9 – Prop. 1A passed and
E N D
California high-speed rail:From Vision to Reality City Infrastructure Summit May 30, 2013 Costa Mesa, CA
From Planning to Implementation • 1970s – California creates plans for statewide high-speed rail system • 1996 – Authority created • 2008/9 – Prop. 1A passed and President Obama’s stimulus authorized. • 2012 – Rapid acceleration of high- speed rail program • Revised 2012 Business Plan • Funding and Environmental Approvals • RFP for first construction bids
High-speed rail statewide map 2005 2012
Partnerships for progress • $13 billion leveraged for HSR and improvements to existing rail systems and bookends
Next steps: Closing the gap • High-Speed Rail Links Northern and Southern California • Authority Plan Does Not Assume Additional Federal Funds for Several Years • Future Funding Options: • Private Financing/Investors • Federal Grants/Loans • CA Cap & Trade Revenue • TOD Revenues • Concessions
“I would like to be part of the group that gets America to think big again.” - Governor Jerry Brown