Commission Seeks Loan Assistance for State Route 91 Corridor Improvement Project
Earlier this month, the Commission submitted a letter of interest seeking a
$446 million loan through the federal government’s Transportation Infrastructure Finance and Innovation Act (TIFIA) credit program. The loan, if approved, will provide the Commission with the final funding needed for the $1.3 billion project. The State Route 91 Corridor Improvement Project (SR-91 CIP) will extend two toll lanes from the Orange County line to Interstate 15 and add a general purpose lane from the county line to Pierce Street in Riverside. A number of key interchange and ramp improvements are also identified as project elements.
Completion of the SR-91 CIP will save the average Riverside County commuter 75 hours per year traveling to destinations in Orange and Los Angeles counties.
The SR-91 is a critical element between Riverside and Orange Counties in Southern California. On a daily basis, more than 280,000 vehicles use the SR-91 corridor; traffic volume is projected to increase by approximately 50% by 2035. The 91 CIP will:
- Create jobs;
- Connect urban centers;
- Leverage $1 billion in local dollars; and
- Give Southern California a livable commute.
Complete project details can be accessed at sr91project.info.
Interstate 215 South Project — Celebrating the Start of Construction
In partnership with Caltrans and the city of Murrieta, the Commission held a groundbreaking ceremony for the
I-215 South Project. The project, estimated to cost $14.5 million, will widen I-215 between Murrieta Hot Springs Road and Scott Road and adds one general purpose lane to both northbound and southbound
I-215 creating three lanes in each direction. Most significant about the groundbreaking event was that it marked the very first major freeway widening in the new voter-approved Measure A program.
For additional project details, including the schedule, please visit the project website, i215project.info/south, or call the project helpline at 1‑855‑44‑215‑INFO.
Commission Adopts Its Policy Goals and Objectives for Fiscal Year 2011/12
The initial step in the budget process is to develop policy goals and objectives that are consistent with the Commission’s overall strategic direction. For Fiscal Year 2011/12, the Commission’s seven long-term policy goals are:
- Promote mobility;
- Mitigate and address the impact of goods movement;
- Encourage economic development;
- Ensure improved system efficiencies;
- Foster environmental stewardship;
- Support transportation choices through intermodalism and accessibility; and
- Prioritize public and agency communications.
A PDF of the Commission’s goals and objectives can be downloaded here.
The annual adoption of the goals and objectives for the budget provides an opportunity to match the Commission’s spending priorities in a manner that implements the promises made in the Measure A Expenditure Plan. The next step in the budget process is the development of the budget, which will be presented to the Commission at its May meeting through a public hearing process. The final budget will be approved at the June meeting. A PDF of the 2009 Measure A Expenditure Plan can be downloaded here.