VIRTUAL BUS TOUR TIP SELECTION Virtual Bus Tour

VIRTUAL BUS TOUR

TIP SELECTION Virtual Bus Tour • Each Project Presented • Each voting entity submitted a score for each project • Project list was released in ranked order | SLIDE 2

TIP SELECTION Scoring | SLIDE 3

Total Score MAG Staff Score 25% TAC Score 75% TAC Score Normalized TAC Score % Orem 1200 West Intersection TAC Score MAG Staff Score Final Scoring Methodology Points Possible/Formula 100 105 =80/105 =. 76*100 =76*. 75 =58*. 25 =57+15 Received 58 80 0. 76 76 57 15 72 | SLIDE 4

TIP SELECTION Scoring | SLIDE 5

VIRTUAL BUS TOUR Funding • Projecting $105 m revenue through 2024 • Propose to withhold: • Funding type and timing will be determined in October once a final ranked list is approved. • $10 m for current projects that need additional funds • $10 m additional contingency funds/COVID-19 protection (last cycle withheld $5 m and spent it all) • $85 m total funds to be programed in October | SLIDE 6

TIP SELECTION Scoring | SLIDE 7

VIRTUAL BUS TOUR Moving Forward • July 20 – TAC made a final list recommendation to RPC • Today - Approve final list • Staff develops final funding scenario • Sept 28 - TAC recommends final funding scenario • Oct 1 - RPC approves final funding scenario and new projects are amended into the TIP | SLIDE 8

“I move that we approve the 2020 TIP Project Prioritization List as presented. ” | SLIDE 9