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Accelerated Regional Transportation Improvements (ARTI) Project City of Pasadena – Nov. 4 th , 2018. Background. Map. Location. What they look like…. Options. Option 1: Public Funding: Not able to build all projects until at least 2040 Option 2:
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Accelerated Regional Transportation Improvements (ARTI) Project City of Pasadena – Nov. 4th, 2018
Options • Option 1: • Public Funding: Not able to build all projects until at least 2040 • Option 2: • Partial Project: Build segments over 30 years • Option 3: • Operate as Public Private Partnership to build the entire project by 2019 (must toll new carpool lanes on I-5)
Benefits All projects could be completed by 2019 Creates over 9,000 jobs in local communities now Increases safety, connectivity, while adding capacity and reducing congestion
Schedule • RFQ: Mid 2013 • RFP: Mid 2014 • Financial Close: Early 2015 • Construction Complete: 2019
Outreach Efforts • Communication with your constituents and member regarding public outreach process • Provide feedback to Metro and Caltrans
Questions and Contact Information Chris Margaronis Project Manager MargaronisC@metro.net Lan Saadatnejadi Executive Officer SaadatnejadiL@metro.net Mark Dierking Community Relations Manager DierkingM@metro.net Ann Kerman Interim Director, Constituent Programs KermanA@metro.net Project Information Line: 213-922-2772