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Nt Ebrochure


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Nt Ebrochure

  1. 1. January 2009 LEGEND Phase 1 Segment 1 (I-35W/I-820 I-C) BILLION DOLLAR Segment 2 Segment 3A PARTNERSHIP Segment 3B FAST TRACKS Segment 3C NORTH TARRANT Segment 4 EXPRESS The Master Plan CDA will further define financial and development plans for Segments 1-4. TxDOT has conditionally awarded the NTE Mobility Partners' initial concepts show an aggressive outlook for these segments, but NTE Mobility Partners’ proposal for the will be further defined by the end of 2010. The state will continue to move forward on the North Tarrant Express. Through a environmental clearance for I-35W and I-820 East Loop. public-private partnership opportunity, the team has leveraged limited gas-tax • Federal Highway • City of Bedford dollars for an estimated $2 billion PARTNERS investment on 13 miles of the project for Administration • City of Euless PROJECT long-awaited mobility to northeast • Texas Department of • City of Fort Worth Tarrant County. Construction would Transportation • Haltom City begin in 2010 and be complete by 2015. NTE Mobility Partners will also • NCTCOG’s Regional • City of Hurst concurrently develop master financial Transportation Council • City of North Richland Hills and development plans for the rest of • NTE Mobility Partners • City of Richland Hills the 36-mile corridor. FUNDING NOW • Tarrant County • NTTA The $5 billion price tag on the North Tarrant Express The largest and most complex mirrors TxDOT’s statewide budget. Neither the state • I-35W Coalition • Tarrant Regional Transportation ADVOCACY transportation improvement project nor the region had enough funds to fully advance Coalition PARTNERS this entire project with our limited gas-tax dollars. in the history of Tarrant County – the North Tarrant Express will bring North Texans will not have to wait any longer as this needed relief to residents living in partnership will now get motorists moving through one of the fastest growing areas in the heart of the North Tarrant Express from I-35W to the country. FOR MORE SH 121 and an aggressive plan to proceed with the Visit: rest of I-35W, SH 183 and East Loop 820. INFORMATION: Keyword: North Tarrant Express
  2. 2. CDA MANAGED LANES PHASE ONE Managed toll lanes are lanes where traffic ● Region sets the tolling policy. is kept moving at a faster, more reliable speed (50 mph) by adjusting the toll rate up ● Private sector team implements the ● Reconstruct I-820 and and down as the number of vehicles policy. SH 121/183 from I-35W increases or decreases respectively. to the SH 121 split ● NTTA is paid to collect the tolls. ● Add four managed lanes, Drivers can enter and exit the managed toll plus frontage roads and lanes at numerous points along the ● TxDOT retains ownership and oversight auxiliary lanes roadway and pay a toll to ensure a faster, of the project. more predictable trip time. ● Build direct connect ramps to/from I-35W at I-820 ● Approximately double the Frontage Existing Existing Frontage existing capacity Road Free Lanes Free Lanes Road New Managed Toll Lanes ● Open in 2015 FUNDING Over $2 Billion $450 Million NTE Mobility Partners has proposed to provide approximately $1.6 billion in highway Operation and $600 Million improvements with up to $600 million in Maintenance Costs est. public gas-tax funds. As part of the contract, Public Gas Tax the team will finance, design, construct, est. maintain and operate the 13 miles of highway improvements for 52 years. The $1.6 Billion estimated cost of that operation and Design and Construction Costs maintenance is $450 million, paid for by NTE est. Mobility Partners. This is a potential total initial investment to the region of over $2 billion. Frontage Existing Existing Frontage New Managed Toll Lanes Road Free Lanes Free Lanes Road 121 183 * Net Present Value * Based on initial proposal – January 2009 *Currently proposed for 2015 opening. Jan. 29, 2009 Summer 2009 Late 2009 Late 2010 THE NORTH TARRANT EXPRESS PROJECT TIMELINE ● Conditional ● Team opens ● Financial close ● Construction MEETS THE REGIONAL AIR CONFORMITY PLAN award local office and begins on begins design Phase 1 ● Carpoolers – discount Early 2010 ● Motorcycles – discount ● Team begins ● Begin right of ● Master plan Spring 2009 ● Transit vehicles – free ● Public hearing master plan for way purchases developed ● Trucks with 3 or more axles – higher rate ● Commercial Phase 2 and utility close relocations ● Dynamic toll rate adjusted to maintain a minimum of 50 mph