2014 Annual Program Evaluation APE Status Update April

2014 Annual Program Evaluation (APE) Status Update April 1, 2014

Presentation Overview • • • 2 APE Purpose and Process Fas. Tracks Program Status Fas. Tracks Program Cost Changes for 2014 APE Next Steps

APE Purpose and Process • Annual evaluation process for the Fas. Tracks program • Update project capital and operating cost estimates to current baseline • Update revenue estimates to current forecasts • Update overall financial plan to current conditions • Focus on projects in current time horizon – through 2019 3

• Current committed program capital cost through 2019 (year of expenditure dollars): $5. 3 B 4

Fas. Tracks Program Status • Projects completed to date – West Rail Line – US 36 BRT Phase 1 • Church Ranch park-n-Ride • Mc. Caslin Pedestrian Bridge • Broomfield Park-n-Ride and Pedestrian Bridge – US 36 BRT Phase 2 • Table Mesa Pedestrian Bridge – LRT Maintenance Facility Expansion – Miscellaneous projects 5

Fas. Tracks Program Status (cont. ) • Projects to be completed by 2018 – Denver Union Station – opening May 2014 – Free Metro. Ride – opening May 2014 – Eagle Project – 60% complete • • East Corridor Gold Line Northwest Rail Electrified Segment Commuter Rail Maintenance Facility – I-225 Rail Line – construction 25% complete – North Metro Rail Line • Revenue service to 124 th Avenue – NTP issued 6

Fas. Tracks Program Status (cont. ) • Projects to be completed by 2018 (continued) – US 36 BRT Phase 2 • • • US 36 Managed Lanes Queue Jumps 59 Buses for BRT Operations Station Amenities and Security Upgrades Church Ranch Platform Relocation Westminster Center Pedestrian Improvements – Longmont Station – Light Rail Storage Tracks (pending Board approval) – Miscellaneous projects 7

Construction Progress: Union Station 8

Construction Progress: Union Station Bus Concourse 9

Construction Progress: Free Metro. Ride 10

Construction Progress: I-225 11

Construction Progress: US 36 12

Construction Progress: Gold Line 13

Construction Progress: East Rail Line 14

Construction Progress: East Rail Line (cont. ) 15

Project Progress: North Metro 16

Fas. Tracks Program Costs through 2019 (millions of dollars) Spent Through 2013 Total Project Budget $298. 4 $314. 9 Eagle Project $1, 239. 4 $2, 272. 6 West Corridor $665. 5 $678. 4 North Metro $101. 5 $708. 3 Northwest Rail $11. 0 $29. 2 I-225 $216. 3 $693. 2 Southwest Extension $23. 2 $24. 5 Southeast Extension $33. 1 $39. 6 Central Extension $10. 7 $10. 9 Light Rail Maintenance Facility $17. 2 US 36 BRT $119. 8 $198. 7 $0. 3 $16. 9 Misc. Projects $244. 8 $344. 2 Total Program $2, 981. 1 $5, 348. 7 Project Denver Union Station Free Metro. Ride 17

Changes for 2014 APE US 36 BRT • Project elements approved by the Board in September 2013 • Accelerate project elements for completion by 2018 – – Church Ranch platform relocation Westminster Center pedestrian improvements Upgraded BRT vehicles Additional project contingency • Project funding – FASTER grant for Church Ranch – Remaining funding to come from the FISA balance 18

Changes for 2014 APE Other Projects • I-225 Storage Tracks – Separate board action for approval in April 2014 • Additional Eagle commuter rail vehicles – Additional vehicles provide for expansion capability, special event capacity and reliability of service – Vehicle purchase was approved by the RTD board in December 2013 • BNSF right-of-way west of Ward Road on the Gold Line – Purchase was approved by the Board in 2010 – Required as part of the overall Gold Line right of way acquisition 19

Next Steps • May: NAMS Update • June: Board Action on NAMS Recommendations (if required) • June: Board Update – Regional Transportation Plan DRCOG Time Horizon Change from 2035 to 2040 – Senate Bill 208 Baseline Report Submittal to DRCOG • July: Board Adoption – 2014 Annual Program Evaluation – 2040 Regional Transportation Plan – SB 208 Baseline Report Submittal to DRCOG 20