i_tlrc_2017a_2017-11-02t09:02:00z3 Hearing Summary
Date: 11/02/2017
Location: RM 271
Presentation from Public Highway Authorities
TRANSPORTATION LEGISLATION REVIEW COMMITTEE
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11:01 PM -- Presentation from Public Highway Authorities
Mr. Tim Stewart, representing E-470, came to the table to provide an annual update on E-470. He distributed a copy of the presentation (Attachment I) and a packet of information (Attachment J) to the committee. He stated that E-470 was the first authority in the nation to use all-electronic tolling. He discussed the authority's debt and issuance rating. He highlighted several capital improvement projects underway on the toll road, which he noted that the authority did not issue debt to finance. He noted that the authority is working with CDOT and other entities on technology, such as vehicle connectivity and autonomous vehicles. He also discussed the authority's work as the state's electronic toll provider. In response to a committee question, Mr. Stewart continued by discussing the timelines for various projects and how the E-470 plans to accommodate growth.
17Tran1102AttachmentI.pdf Attachment J can be viewed at Legislative Council
11:21 AM
Mayor Pro Tem Greg Stokes, representing the Northwest Parkway Public Highway Authority, came to the table to update the committee on the activities of the Northwest Parkway (Attachment K). He provided information on the parkway's timeline, an overview of the concession agreement, expansion possibilities, traffic statistics, and toll revenue. He noted that the parkway's concession was sold in 2017 from Brisa to a consortium. He also highlighted the oversight of the parkway, their solar project, and the revamping of the parkway's website.
17Tran1102AttachmentK.pdf
11:35 AM
Mr. Charles Ozaki, representing Northwest Parkway, came to the table to answer a committee question about truck traffic on public highway authority roads. Mr. Stewart returned to discuss commercial traffic on E-470. In response to a committee question, Mr. Stokes described the electronic toll process for out-of-state visitors.
11:45 AM
The committee recessed for lunch.