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EC876E8E06C521A9872587270050B983 Hearing Summary




PUBLIC
BILL SUMMARY For PUBLIC HIGHWAY AUTHORITY UPDATE

INTERIM COMMITTEE  TRANSPORTATION LEGISLATION REVIEW COMMITTEE
Date Aug 4, 2021      
Location Old State Library



Public Highway Authority Update - Committee Discussion Only


08:41:46 AM  
Director Tim Stewart
and Board Chairman Chaz Tedesco, representing the E-470 Highway Authority
provided a PowerPoint presentation (Attachment A) to the committee.  A
handout was also provided (Attachment B).  Director Stewart provided
background about the 47 mile toll road around the perimeter of Denver.
 He indicated that the authority is carrying $1.3 billion in debt
that will pay off in September of 2041 and provided a summary toll and
fee reductions.
08:46:27 AM  
The authority recently
adopted a work plan that includes regional public partnerships, facilitating
transportation projects, and funding capital needs with no new debt.  The
authority continues to reduce debt and is using cash reserves for needs.
 
2021
traffic on the toll road through June is 22 percent below 2019, but up
18 percent over 2020 traffic.  

E-470 updated
its 2018 master plan in June 2020.  




The authority
completed a $99 million project with Arapahoe County and the City of Aurora
that reconfigured lanes,addded lanes, and made additions to the High Plains
Trail.  There are plans to expand and make improvements at I-70 and
104th Avenue, as well as 38th Avenue, 48th Avenue, 64th Avenue, 88th Avenue,
and Pena Boulevard.
08:52:01 AM  
E-470 staff discussed
the highway's economic impact in the region for 2019, including a savings
of 43.2 million hours, equivelent to $354.5 million net value.  $70
million was saved in avoided accidents.  Finally,  the value
of commercial goods moved through the region on the toll road was $4.3
billion total.  




The authority has cut wrong way driving in half, using cable barriers and
is protecing wildlife with fencing.  The authority is also contributing
to improved air quality, using electric fleet vehicles.  



 

The authority shared concerns about a drop in revenue with the passage
of Senate Bill 21-257.  The concerns relate to the absence of license
plates on mobile machinery, since the authority tolls vehicles using license
plates.  There was a discussion about how special mobile machinery
is licensed.
08:58:51 AM  
Most mobile machinery
may be pulled on a trailer or is not road worthy.  Other examples
of mobile machinery were discussed, such as oil and gas equipment.
09:12:22 AM  
There was a discussion
about a marketing campaign for the transponder and perks for E-470 customers.
 Revenues related to traffic flow were discussed.  E-470 staff
answered questions about about the review of unsolicited proposals and
the lack of a formal policy on this issue.
09:24:27 AM  
John Hall, Managing
Administrator representing the Northwest Parkway  Authority provided
a PowerPoint presentation (Attachment C) about the highway that links E-470,
I-25, and US36.  Mr. Hall discussed additional developments adjacent
to the parkway.  On the eastern end of the Baseline Project, north
of the parkway, a development that includes 9,000 homes.  At the Highway
287 interchange on the northeast corner at Lafayette, Medtronics is developing
the area.  Finally, west of Louisville Conoco Phillips is working
on redevelopment.  




Information about
traffic during the pandemic was provided.  Total trips on the parkway
fell by 40 percent in 2020 from pre-pandemic levels.  Traffic is beginning
to recover, currently at 30 percent lower than pre-pandemic levels.  There
has been a general decrease in accidents, while personal injuries have
remained relatively constant.  





Toll rates are regulated by the consessionnaire, and increase  annually
per capita with the gross domestic product,U.S. Consumer Price Index, or
2 percent, whichever is higher.  Annual inspection of the parkway
recently resulted in a score of 4.96 out of 5.  No category one (poses
an immediate hazard) defects were found.  Only one category two defect
(does not pose an immediate hazard) was found.  





There was a discussion about recent projects, including pavement rideability
improvements on 15,000 feet of surfuce and electronic toll signage with
replacement of signs and the addition of 11 electronic variable tolling
signs.
09:33:34 AM  
Solar arrays used
by the parkway were discussed.  Seven solar arrays produce 940 killowats
of electricity and have reduced use of electricity through the power grid
by 47 percent over the last 10 years in the administrative buidling. There
was a discussion about solar panels assisting with the operating costs
of facilities and ramp locations.

09:34:47 AM  
Bill Ray, Executive
Director for the Jefferson Parkway Highway Authority provided background
information about the highway.  Mr. Ray provided a PowerPoint presentation
(Attachment D).  The parkway is still in planning stages.  There
was a discussion about soil samples and hazardous materials in the area
of the proposed highway. The City and County of Broomfield decided to withdraw
from the parkway, but was recently re-engaged.  There were questions
from the committee about the continued relevancy of the project and changing
the route of the parkway.  An environmental impact study would most
likely need to be done to change the route and the cost covered by another
entity.






COVID-19 Resources
NORTH ENTRANCE IS CURRENTLY CLOSED.  TO ENTER THE CAPITOL, USE THE SOUTH ENTRANCE, UNDER THE STAIRS, AT 14th AVENUE AND SHERMAN STREET.