Utah Transportation Commission Meeting Agenda Item Fact Sheet

Utah Transportation Commission Meeting Agenda Item Fact Sheet Commission Meeting Date: December 15, 2017 Agenda Item #: 7A-1 Agenda Item Title: 2018 STIP Amendment #3 I-15 NB; 9000 South to I-215 Scope and Funding Addition Presented By: Bill Lawrence Background: Region Two requests approval to add $20.0 Million to the I-15 NB; 9000 South to I-215 Project - PIN 15669. The I-15 NB project will improve some of the movements between 9000 South and the I- 215 exit, and relocate others, to provide a safer and more efficient transition for motorists entering and exiting I-15, between the 9000 South on-ramp and I-215 off-ramp. Additional traffic studies are showing that making those improvements at 9000 south, would only shift the traffic congestion further south. Based on the traffic study, adding auxiliary lanes Northbound, from Bangerter Highway to 10000 South, as well as adding a Collector-Distributor System from 10000 South to I- 215, will address the congestion issue and improve peak hour travel. Region 2 is requesting to add an additional $20 Million from unprogrammed balances in their Pavement Programs and from their Transportation Solutions Funding, which will increase the project value to $150 Million. Exhibits/Handouts: Project Location Map & Peak Hour Modeling Projections Audio/Visual: Commission Action Requested: For Information/Review Only X For Commission Approval Motion Needed for Approval: Approval to add $20.0 Million, and additional scope to the I-15 NB; 9000 South to I-215 Project as detailed. Fact sheet prepared by: Robert Pelly Date Submitted: November 30, 2017 Fact sheet reviewed by senior leader: Bill Lawrence

I-15 Northbound - 2017 AM Peak Hour Average Speed Existing Opt 1a: 90th - I215 C-D Opt 1b: 90th - I215 C-D w/ Aux Opt 2: Bang to I215 C-D System 80 70 60 71 70 70 60 69 69 58 57 68 67 66 71 70 66 64 63 60 50 54 52 50 40 42 40 39 36 30 30 20 10 0 146th to Bang Bang to 123rd 123rd to 114th 114th to 106th 106th to 90th 90th to 72nd 72nd to 53rd

I-15 Northbound - 2040 AM Peak Hour Average Speed 2nd HOV Only Opt 1a: 90th - I215 C-D Opt 1b: 90th - I215 C-D w/ Aux Opt 2: Bang to I215 C-D System 80 70 69 69 67 67 67 68 67 69 68 66 60 63 61 63 53 54 50 47 44 43 43 40 37 30 26 26 20 10 0 146th to Bang Bang to 123rd 123rd to 114th 114th to 106th 106th to 90th 90th to 72nd 72nd to 53rd

OPTION 1B Additional Auxiliary Lane From Bangerter to New CD Entrance 9000 South to I-215 Collector-Distributor

Collector Distributer

Collector Distributer

Collector Distributer

Utah Transportation Commission Meeting Agenda Item Fact Sheet Commission Meeting Date: December 15, 2017 Agenda Item #: 7A-2 Agenda Item Title: 2018 STIP Amendment #3 SR-224; SR-248 to Bear Hollow Funding Addition Presented By: Bill Lawrence Background: Region Two requests approval to add $2.0 Million to the SR-224; SR-248 to Bear Hollow Pavement Rehabilitation Project - PIN 13456. The original scope was for a 3" mill/fill and a 1" OGSC for about half the length of the project, and the other half would just receive 1" OGSC. Additional investigations provided insight into further pavement deterioration resulting in a more extensive pavement treatment needed for the entire length of the project. The additional $2.0 Million of STP_FLX_ST funds are available from unprogrammed balances in their Pavement Rehabilitation Program (Master PIN s 12135 and 12136). The new project value will be $6.5 Million. Exhibits/Handouts: Project Location Map Audio/Visual: Commission Action Requested: For Information/Review Only X For Commission Approval Motion Needed for Approval: Approval to add $2.0 Million to the SR-224; SR-248 to Bear Hollow Pavement Rehabilitation Project as detailed Fact sheet prepared by: Robert Pelly Date Submitted: November 30, 2017 Fact sheet reviewed by senior leader: Bill Lawrence

12/5/2017 Interactive Map Issue / Bug / Enhancement 2 km 1 mi Zoom Level 12 https://maps.udot.utah.gov/imap/f?p=240:1000:::::p1000_transaction_id:841255a0fa20ea499076e3663d51be24 1/1

Utah Transportation Commission Meeting Agenda Item Fact Sheet Commission Meeting Date: December 15, 2017 Agenda Item #: 7A-3 Agenda Item Title: 2018 STIP Amendment #3 Region One Guardrail Replacement New Project Presented By: Bill Lawrence Background: The UDOT Traffic & Safety Group requests approval to add the Region One Guardrail replacement project (PIN 15587), to the 2018-2023 STIP. This project is planned to be designed and advertised this federal fiscal year using $1.2 Million of 2018 Highway Safety Improvement Program (HSIP), funds. ($635K of HSIP High Risk Rural Road funds and $565K HSIP). The scope of work is to replace substandard end treatments and guardrail with standard treatments. The following route/milepost ranges are planned to have guardrail replaced: SR-13: MP 28.54-28.79 and 29.13-29.33 SR-39: MP 32.35-32.40, 32.39-32.44, 49.56-49.78, 49.81-49.86, 49.88-49.99, 50.18-50.24, 50.35-50.43, 50.87-51.00, 50.98-51.06, 54.59-54.63, 54.68-54.72 SR-101: MP 7.01-7.10, 7.20-7.26, 8.00-8.08, 8.94-9.00, 10.13-10.24, 10.34-10.57, 10.66-10.71, 11.38-11.46 SR-142: 12.33-12.43, 12.44-12.53, 12.48-12.53, 12.56-12.61 Exhibits/Handouts: Audio/Visual: Commission Action Requested: For Information/Review Only X For Commission Approval Motion Needed for Approval: Approval to add the Region One Guardrail Replacement to the 2018-2023 STIP as detailed. Fact sheet prepared by: Robert Pelly Date Submitted: November 30, 2017 Fact sheet reviewed by senior leader: Bill Lawrence

Utah Transportation Commission Meeting Agenda Item Fact Sheet Commission Meeting Date: December 15, 2017 Agenda Item #: 7A-4 Agenda Item Title: For Information Only - Region Three Project Combination Presented By: Bill Lawrence Background: FYI - Region Three has combined the US-40; WB Passing Lane W of Strawberry Reservoir Project (PIN 13394) with the US-40; Daniels Summit to Soldier Creek Project (PIN 15696). The US-40; WB Passing Lane W of Strawberry Res. Project is a passing lane project on US-40 just east of Daniels Summit that is funded for $13.96M. This section of roadway is also in need of a pavement rehabilitation across the entire width of the roadway extending even further east into the Strawberry Valley. The Project to do that work is the US-40; Daniels Summit to Soldier Creek (PIN 15696), funded for $24.2M. As you can see in the map these projects connect so it made sense to combine these project for economy of scale and to limit the impact to the traveling public by doing both projects as one. Exhibits/Handouts: Project Location Maps Audio/Visual: Commission Action Requested: X For Information/Review Only For Commission Approval Motion Needed for Approval: FYI - Region Three has combined the US-40; WB Passing Lane W of Strawberry Reservoir Project with the US-40; Daniels Summit to Soldier Creek Project Fact sheet prepared by: Robert Pelly Date Submitted: November 30, 2017 Fact sheet reviewed by senior leader: Bill Lawrence

Project Location Map

Utah Transportation Commission Meeting Agenda Item Fact Sheet Commission Meeting Date: December 15, 2017 Agenda Item #: 7B Agenda Item Title: Repurposed Earmarks Presented By: Bill Lawrence Background: This request is to distribute the funds reclaimed from projects as a result of the repurposed earmarks FHWA made available to UDOT. Utah s total repurposed earmarks were $6,166,531.08.18 ($5,776,674.18 of Federal funds and $389,856.90 required match). This request would include to first set a side $885,000 of these funds to match the Zion s Canyon Multi Modal Access Project Tiger Grant if received. Currently the match for this was committed at the October, 2017 Commission meeting using Region Four s TAP funds. Then with the balance, equally distribute these funds to the Regions to be added to their Transportation Alternatives Program. Each Region will receive a total of $1,320,382.77. Region One previously programmed $998,312 of these funds, at the April 2017 Commission meeting, leaving their balance at $322,070.77. Exhibits/Handouts: Repurposed Earmarks Table Audio/Visual: Commission Action Requested: For Information/Review Only X For Commission Approval Motion Needed for Approval: Approval to equally distribute these funds to the Regions to be added to their Transportation Alternatives Program. Fact sheet prepared by: Robert Pelly Date Submitted: November 30, 2017 Fact sheet reviewed by senior leader: Bill Lawrence

Earmark - Repurposed Funds Master PIN Region PIN EM_RNZ9 EM_RPF9_80 EM_RPF9_93.2 EM_RPS9_80 EM_RPS9_93.2 EM_RPS9_100 12133 4 13332 US-491; Monticello to Colorado State Line $54,474.00 12134 1 13467 SR-67; 500 S. to I-15 $223,170.30 $2,616,450.79 12136 4 11528 SR-29; Cottonwood Cyn Rd to SR-10 $424,588.29 12136 1 13738 US-91; 1000 N. to S. Smithfield $183,037.65 $599,575.57 12957 4 14290 I-15; Washington County Line to Hamilton Fort $871,605.72 $1,238.87 8753 2 11828 1-80; Parleys Summit to Jeremy Ranch WB Truck Lane $2,214.20 $588,335.31 $2,270.30 $202,568.60 8755 3 10689 SR-68; MP 28.80 to MP 31.81 $4,036.77 $392,222.46 $742.25 $4,036.77 $2,214.20 $2,312,845.44 $2,270.30 $3,420,576.08 $424,588.29 FA $3,229.41 $1,771.36 $2,156,265.80 $1,816.24 $3,189,003.08 $424,588.29 $5,776,674.18 MATCH $807.36 $442.84 $156,579.64 $454.06 $231,573.00 $389,856.90 $6,166,531.08

Utah Transportation Commission Meeting Agenda Item Fact Sheet Commission Meeting Date: December 15, 2017 Agenda Item #: 7C Agenda Item Title: State Infrastructure Bank (SIB) Loan Request - Military Installation Development Authority (MIDA). Presented By: Bill Lawrence Background: The Utah Legislature during the 2017 legislative session, passed SB 277, which directed that nineteen million dollars of the bond proceeds issued to be provided to the Transportation Infrastructure Loan Fund (SIB). It further stated that $10 million of these were for the Military Installation Development Authority (MIDA). In following the SIB loan process, MIDA is requesting approval from the commission for an SIB Loan for $10 Million dollars. The funds are to be used for the design of the North Portal under Highway 40 in Wasatch County and the design and construction of the Jordanelle Parkway that will connect to the frontage road that goes through the Portal. The request is for a term of 15 years with an interest rate at 2.25%. Because the source of payment is planned to come from tax increment resulting from development, the first five years of the loan period would accrue interest only which will be capitalized and added to the principal, so the first principal and interest payments will begin five years after the first draw by MIDA. Year s 1-5 will add $1,176,776.93 dollars of cumulative interest to the principal amount. The next 10 years, will include principal and interest payments at 2.25% on a principle balance of $11,176,776.93. Annual payments would be $1,260,602.77. See included amortization chart. The security for the loan will be a corporate guarantee provide by a property owner which will be replaced with assessments on adjacent property owners. MIDA will create the assessment area and assess the property pursuant to Utah s Assessment Area Act. Exhibits/Handouts: 7C Amortization Chart, SIB Balance Sheet, Project Location Map Audio/Visual: Commission Action Requested: For Information/Review Only X For Commission Approval Motion Needed for Approval: Approval of the SIB loan request for MIDA as detailed. Fact sheet prepared by: Robert Pelly Date Submitted: December 8, 2017 Fact sheet reviewed by senior leader: Bill Lawrence

Amortization Chart HELP 12,000,000 $ Loan Amount (pv) 11,176,777 Interest Rate (rate) 2.25% 10,000,000 Total # of Periods (Nper) 10 8,000,000 6,000,000 Payment per Period $ 1,260,602.77 4,000,000 Total Interest Paid $ 1,429,250.82 2,000,000 [42] 0-2,000,000 Loan Amortization Chart Balance Cumulative Interest Principal Paid Page 1 of 1 2008 Vertex42 LLC 0 2 4 6 8 10 12 Payment Amount Cumulative Interest Period (Payment Number) Principal Paid Period Interest Principal Balance $ 11,176,776.93 1 1,260,602.77 251,477.48 251,477.48 1,009,125.29 1,009,125.29 10,167,651.64 2 1,260,602.77 228,772.16 480,249.64 1,031,830.61 2,040,955.91 9,135,821.02 3 1,260,602.77 205,555.97 685,805.62 1,055,046.80 3,096,002.71 8,080,774.22 4 1,260,602.77 181,817.42 867,623.04 1,078,785.35 4,174,788.06 7,001,988.87 5 1,260,602.77 157,544.75 1,025,167.79 1,103,058.03 5,277,846.09 5,898,930.84 6 1,260,602.77 132,725.94 1,157,893.73 1,127,876.83 6,405,722.92 4,771,054.01 7 1,260,602.77 107,348.72 1,265,242.44 1,153,254.06 7,558,976.98 3,617,799.95 8 1,260,602.77 81,400.50 1,346,642.94 1,179,202.28 8,738,179.25 2,438,597.68 9 1,260,602.77 54,868.45 1,401,511.39 1,205,734.33 9,943,913.58 1,232,863.35 10 1,260,602.77 27,739.43 1,429,250.82 1,232,863.35 11,176,776.93 0.00 http://www.vertex42.com/exceltemplates/simple-amortization.html 2005 Vertex42 LLC

State Infrastructure Bank Balance Sheet Capitalized Funding Amount Year Comments $2,477,743.00 1998 $2,310,000 Federal, $167,743 State. Transferred to I-15 Salt Lake Co project. Paid back with State Funds CHF funds. $1,000,000.00 2009 From Southern Parkway, paid back by St George City as part of their SIB loan. $20,000,000.00 2013 2013 State Legislature - HB377 $19,000,000.00 2017 2017 State Legislature - SB277 Total = $42,477,743.00 Total Account Asset Total Total = $44,020,796.58 As of FY 2018 Period 4 (Division of Finance COGNOS FMIS AM31 Report, Fund 5500) (Including the $19 Million available 2017 State Legislature) Total Loan Balances Executed Loan Documents - Remaining Balance = Cash = -$13,535,216.33 1507 Active loan balances as of FY 2018 Period 4 (COGNOS FMIS AM31 Report) $1,148,600.00 0010 FY 2018 Period 4 (COGNOS FMIS AM31 Report) Loans Debtor Date Approved New Loan Request(s) $350,000.00 Garden City Pending Commission Approval 10-13-2017 Commission Loans Approved, But Not Dispersed Legislature Commitments $5,000,000.00 Davis County 7/1/2017 construction in Davis County (Commissioner Bret $10,000,000.00 Military Installation D.A. 7/1/2017 Pending $4,000,000.00 UVU Ped - UTA 7/1/2017 Pending Total Committed but Pending or Non-Dispersed Loans = $19,350,000.00 Uncommitted Balance Available = $11,135,580.25 Active Loans Active and on schedule $100,000.00 Fountain Green City 7/19/2013 Active and on schedule $722,000.00 Cedar City 11/15/2013 Active and on schedule $16,150,000.00 Vineyard City 7/19/2013 $16,150,000, 10 year term, 2.91%) Active and on schedule $275,000.00 Escalante City 3/18/2016 Completed Loans $850,000.00 Logan City 4/21/2006 Completed $900,000.00 Washington City 4/14/2011 Completed $2,960,052.00 West Jordan 3/21/2014 Completed $3,726,924.00 St. George City 12/3/2008 Completed