ALAMEDA CORRIDOR

““A Project of National Significance”A Project of National Significance”

TRB Summer ConferenceTRB Summer ConferenceMTS as a Component of theMTS as a Component of the

Nation’s Transportation SystemNation’s Transportation System

June 25, 2002June 25, 2002

Top U.S. Container Ports (2001)Top U.S. Container Ports (2001)

1.07

1.64

4.46

1.53

1.32

1.31

5.18

3.32

1.30

0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 5.0

Savannah

Hampton Roads

Seattle

Tacoma

Charleston

Oakland

New York

LONG BEACH

LOS ANGELES

Twenty-Foot Equivalent Units (TEU) (millions)

3.7

4.2

4.7

6.1

6.3

7.5

7.9

9.6

15.5

17.8

0 2 4 6 8 10 12 14 16

Port Kelang

Antwerp

Hamburg

Rotterdam

Shangahi

Kaohsiung

Pusan

Long Beach/Los Angeles

Singapore

Hong Kong

Twenty-Foot Equivalent Units (TEU)(millions)

3rd inWorld

Top World Container Ports (2001)Top World Container Ports (2001)

Source: Containerization International

9.513.2

18.3

25.5

35.4

6.9 9.012.3

17.2

23.4

1999 2005 2010 2015 2020

Original Est.Revised Est.*

* Unofficial

Projected Container GrowthProjected Container Growthin San Pedro Bayin San Pedro Bay

In Million TEU’s

IntermodalIntermodal Goods Movement Goods Movement

Chicago

NewYork

Miami

Chicago

NewYork

Miami

Alameda CorridorAlameda CorridorTransportation AuthorityTransportation Authority

California Joint Powers AuthorityCalifornia Joint Powers AuthorityCreated by the Cities of Long Beach and LosCreated by the Cities of Long Beach and LosAngeles in 1989Angeles in 1989Governed by a Seven-Member BoardGoverned by a Seven-Member BoardRepresenting the Cities and Ports of Long BeachRepresenting the Cities and Ports of Long Beachand Los Angeles, and the Los Angeles Countyand Los Angeles, and the Los Angeles CountyMetropolitan Transportation Authority (MTA)Metropolitan Transportation Authority (MTA)

Project OverviewProject OverviewConsolidation of Rail TrafficConsolidation of Rail Traffic

Establish One Main Route to Replace Four LinesBuild High-Speed Multi-Track Main Line withCentralized Train Control (60 track miles)Separate Passenger and Freight Rail at North EndRemove Local Traffic from Main Line RouteDepress Railway Trench from State Route 91 North toLos Angeles (10 miles)Build At-Grade Railway and Expanded Storage Areasfrom State Route 91 South to Ports

Project OverviewProject OverviewHighway ImprovementsHighway Improvements

Eliminate Conflicts at 200 At-Grade Intersectionswith Surface Streets

– North-End Major Arterial Improvements and GradeSeparations (Washington, Santa Fe)

– Mid-Corridor Grade Separation Bridges (28)– South-End Grade Separations (Del Amo, Sepulveda, Pacific

Coast Highway, Anaheim, Henry Ford)Reconstruct Alameda Street from Interstate 10 to PortComplex (20 miles)Synchronize Traffic Control Entire Alameda StreetEnhance Signalization and Left Turn Pockets toImprove Traffic Flow on Alameda and Cross Streets

Project SummaryProject Summary

10 Miles of New Storage Tracks65 Miles of New High Speed Track20 Miles of New Highways42 Highway – Rail Grade SeparationsElimination of 200 At-Grade HighwayCrossings

Construction StatusConstruction StatusOperational April 15, 2002Operational April 15, 2002

Mid-Corridor TrenchMid-Corridor Trench

Redondo Junction GradeRedondo Junction Grade SeparationSeparation

Redondo Junction Grade SeparationRedondo Junction Grade SeparationAugust 21, 2001August 21, 2001

Grand OpeningGrand OpeningApril 12, 2002April 12, 2002

Economic & FinancialEconomic & FinancialFundamentalsFundamentals

Sources of FundingSources of Funding(in Millions)(in Millions)

Total Project Cost: $2.43 Billion Federal Loan and Revenue Bonds must be repaid.

Revenue Bonds$1,160 (48%)

MTA Grants$347 (14%)

Federal Loan

$400 (17%)

Ports$394 (16%)Other $130 (5%)

ACTA’s DebtACTA’s Debt

Federal Loan - Federal Loan - Principal: Principal: $400 million$400 millionOwe: Owe: $508 million$508 millionPay Off:Pay Off: $1.8 billion$1.8 billion

ACTA Bonds - ACTA Bonds - Principal:Principal: $1.16 billion$1.16 billionPaid Interest:Paid Interest: $200 million$200 millionPay Off: Pay Off: $3.2 billion$3.2 billion

Pay off in 35 years or lessPay off in 35 years or less

ACTA’s Vision & GoalsACTA’s Vision & GoalsACTA’s VisionACTA’s Vision

Contribute to economic vitality of the region andContribute to economic vitality of the region andnation by promoting and supporting international tradenation by promoting and supporting international tradethrough efficient goods movement.through efficient goods movement.

ACTA’s GoalsACTA’s Goals

Construct 20-mile rail expressway from San PedroConstruct 20-mile rail expressway from San PedroBay Ports to rail yards east of downtown Los AngelesBay Ports to rail yards east of downtown Los Angeles“On Time and On Budget.”“On Time and On Budget.”

Support economic development initiatives affectingSupport economic development initiatives affectingthe Corridor project area.the Corridor project area.

Support transportation projects that facilitateSupport transportation projects that facilitateinternational trade.international trade.

Gaining Public SupportGaining Public Support

Partnerships,Partnerships,The Key to Our SuccessThe Key to Our Success

Partnerships -Partnerships -The Key To Our SuccessThe Key To Our Success

City of Los Angeles City of Long Beach Port of Los Angeles

Port of Long Beach

LA County MTA

BNSF Railroad Union Pacific Railroad

US Department Of Labor US Congress

US Department Of Transportation California Transportation Commission

California Legislature Public Utilities Commission

California Department of Transportation Regional Water Quality Board Compton Carson South Gate Vernon

Huntington Park Lynwood Los Angeles Long Beach County of Los Angeles

Engineering and Construction Community

Community Programs/PartnershipsCommunity Programs/Partnerships

Job Development and Training Program

Disadvantaged Business Enterprise Program

Construction Relations – Information to Communities

School Safety Program

Public Affairs & Community Business Outreach

Economic Development Program

Performance of Alameda CorridorPerformance of Alameda Corridor

Trained 1,220 area residents and created 1,000’sof new jobs

Over 3 million sq. ft. of new warehousing anddistribution facility space has been built alongCorridor during the last 2 years.

Obtained 23% DBE participation - over 100 DBEcompanies have participated.

Performance of Alameda CorridorPerformance of Alameda Corridor

Reduce train transit time from over 2 hoursto 45 minutes.

Increased train reliability – significantlyreduced regional train congestion.

Improved quality of life for over 2 millionpeople in Southern California by improvingadjoining rail rights of way in the Greater LosAngeles area.