m,1re MARTA~

MORE MARTA SEQUENCING UPDATE PLANNING & EXTERNAL RELATIONS COMMITTEE MAY 30, 2019

PLANNING TODAY'S AGENDA o More MARTA Atlanta Program

o What is More MARTAAtlanta

o Why are we here? o Program Planning History (November 2016 - October 2018) -· .J""\ ~ - o Post November 2016 Vote - I • th - o October 4 Board Approved Project List - o Draft sequencing plan development (October 2018 - June - 2019) - o Milestone schedule - -- o Overview of cash flow model o Early Project Specific Activities ATLANTA o Advancing Communications & Outreach o Board Request marta~. I c:> me1rec 2 f-' L 1\ N N I N (, MARTA ATLANTA MORE MARTA ATLANTA A QUICK SUMMARY •- $ What is it? What will it do? How will it be funded? ./ -$6 billion local investment ./ Expands accessibility, ./ Paid for by a half-penny in transit expansion and connectivity and mobility sales tax passed in 2016 upgrades over four decades ./ Supports population growth ./ Federal and private funds ./ A partnership between ./ Aligns with City of Atlanta's will be sought to advance MARTA and City of Atlanta vision for growth and expand key projects

marta ,IP me!rec 3 Pl /\NNIN0 MARTA ATLANTA GUIDING PRINCIPLES ESTABLISHED BY MARTA AND CITY OF ATLANTA IN 2016

~• Balance portfolio of transit projects using multiple transportation modes. Jd Increase mobility for workers to and from major job centers. Enhance commute predictability with dedicated and managed lanes, and other ~ technology. Create a layered, integrated transportation network. * Prioritize city investments while integrating into regional transit networks. Enhance safety and access to transit centers and MARTA stations. Enhance ease of use and transfers within the network of transit options. Create last-mile connectivity via circulators, multi use paths and sidewalks. Partner with neighboring jurisdictions to leverage transit projects .

marta . \P [rnElreCJ 4 "I-' l 1\ N NIN(, MARTA ATLANTA DEFINING THE MORE MARTA ATLANTA PROGRAM 2-STEP PROCESS

@ Step 1: ../ Narrowed list of projects from 73 to 17 Priority Projects Board approval October 2018

More MARTA committees and public communications @ Step 2: ../ Create a sequencing plan and financial strategy Implementation Plan ../ Refine cash flow model Board Approval June 2019

marta . I 1::> roe1rec 5 Pl ;\ N NIN~, MARTA ATLANTA MORE MARTA ATLANTA PLAN

(ADOPTED OCT 4, 2018) -0 fl a: \ 0., -0 0 Underwood ·.; A Northside Drive BRT .<:: ... Beltline Northeast LRT 9 Hills t: z0 8' Beltline Southwest LRT Ct Peachtree Road ART

Bankh,18<1 I-fwy E) Streetcar East Extension C, Frequent Local Bus Servi EJ Streetcar West Extension Ci) Greenbriar Transit Center Adamsville I) C, Capitol Avenue BRT G Moores Mill Transit Cente 0 North Ave - Donald L. Hollowell Pkwy BRT (9 MARTA Stations Memorial Or I Q) Beltline West & SE LRT . ., ~ ·,~ Cascade . ,, Heights C: .. -( ai"' 0 :a;;

w en

Greenbriar

Hartsfield e p Jackson Atlanta marta~ [rnElreCJ 6 l-'Lt\NNIN(3 MARTA International Airport ATLANTA + MILESTONE SCHEDULE HOW WE GOT HERE

BOARD UPDATE @ BOARD ADOPTED PLAN Final Draft .. Plan @ Financial Plan Board Work Workshop I I<>* <>* <>* <>* M•X:ifl•lt:i NOV 2018 DEC 2018 Wt·B*fl •IPM1I *B =fl•IPM1 MAR 2019 APR 2019 41,r,,~;:rJ UN 2019 REQUIRED FEEDBACK WORK SESSIONS AT MILESTONES:

*TAC OCT 2018 - FEB 2019 MAR 2019 MAY 2019 -APR 2019 - JUN 2019 JPLG SCENARIO PLANNING & EVALUATION IMPLEMENTATION * SAC PLAN <> MART NCOA Executive PLAN APPROVAL Leadership POST-VOTE OUTREACH & ROADSHOW

marta .IP lffiElreCJ 7 Plt\NNING MARTA ATLANTA MORE MARTA CASH FLOW MODEL MODEL DETAILS

Integrated Cash Flow Analysis

~~ '1,.:_ 'vc •• "t; ,....,..,r.,E::'?,~ ./ Revenue forecast from GSU EFC SERVICE LEVELS',-, ./ Capital cost estimates ($/mile or lump sum) ./ O&M cost estimates (based on service) ./ Sustaining capital cost estimates ./ Inflation and capital cost escalation ./ Federal grants and formula funds ./ Bonds and debt service

marta~. 1 ,:::> 8 P L 1\ f\J N I N ;., ATLANTA MORE MARTA CASH FLOW MODEL ASSUMPTIONS/RISKS

Financial Assumptions Program Risks

~ Original high level revenue estimate ~ Project delivery approach was just under $38, in current day ~ Construction costs at project delivery dollars ~ Market conditions ~ More MARTA Atlanta sales tax revenue ~ Federal grants availability and award - -$5.9 Billion (YOE$) ~ Fare structure ~ $7M annual contribution to local bus ~ Sales tax renewal ~ Extend sales tax and bond repayment ~ City Operations beyond 40 years ~ Stakeholder Commitment

marta~. IP (IDElreC] 9 Pt 1\NNIN(3 MARTA ATLANTA SEQUENCING PLAN DEVELOPMENT SEQUENCING PLAN CONSIDERATION & RESULTS

CONSIDERATIONS: ../ Available cashflow ../ Project readiness @ ../ Geographic balance/equity ../ Network connectivity ../ More MARTA Atlanta committee input

Based on the considerations, the team: ./ Developed 20+ scenarios and associated sequencing plans, and ./ Achieved TAC and JPLG consensus on sequencing plan -April 25

marta~. I c:> [mElreC] 10 Pl 1\NNIN8 MARTA ATLANTA ART • BRT • LRT • Stations/Transit Centers DRAFT SEQUENCING SCENARIO *Pre-project planning is dashed (VERSION 15) 2020 2025 •--:::::::~:~~~:~:::::.----20-30- -- ""_,~-2-035------20 40 2045 2050 2055 Streetcar East Extension F'&-W - 4 Existing Streetcar Improvements MARTA will consider alternative Campbellton Rd LRT •• delivery methods and P3 for LRT Streetcar West Extension I • • • • • • •:::::::::::::::::= projects Beltline SW LRT Project sequencing will adjust as I••••••• ; •I I Clifton Corridor LRT*** projects advance and must react to ·········~======I ====tI ======• =~ current market conditions and the Beltline NE LRT ••••• I availability of federal dollars Beltline SE LRT*** PRINT DATE: 22 May 2019 •••••I • Beltline West LRT*** ***Assumes funding gap closed •DI •••t,~~~~~~~~~~~~~~--• Metropolitan Pkwy ART I As sequenced, some LRT projects I Cleveland Ave ART ' I have both capital and O&M funding I Peachtree Rd ART gaps that will need to be addressed Current Peak as projects advance Capitol Ave/Summerhill BRT •• Spending Year: 2032 North Ave BRT • Phase I Phase II Northside Dr BRT Greenbriar Transit Center Moores Mill Transit Center

Station Enhancements: Bankhead Bankhead/Five Points/ • Five Points Vine City/Others I•• Vine City 11 Other Station Enhancements Local Bus Service SEQUENCING PLAN ANNUAL FUNDING SOURCES/CASH FLOW (VERSION 15)

$600,000,000 Project sequencing will adjust as projects advance and must react to $500,000,000 current market conditions and the availability of federal dollars

$400,000,000

$300,000,000

$200,000,000

$100,000,000

$0 2018 2023 2028 2033 2038 2043 2048 2053

• More MARTA • Farebox • Federal Grants • Capital Funding Gap • Bond Proceeds

marta .IP [roElreCJ 12 Pl 1\NNIN(_-; MARTA ATLANTA PROGRAM DELIVERY PLAN (2019-2025) BASED ON CURRENT FINANCIAL MODEL

./ In Service by 2025: ./ Under Construction by 2025: ./ Improved Local Bus Service ./ Streetcar East Extension ./ Capitol Avenue (Summerhill) BRT ./ Greenbriar Transit Center ./ Entire ART program (Metropolitan, ./ Cleveland, Peachtree) ./ Campbellton AA ./ Continued Planning or Design by 2025: ./ North Avenue BRT (Phase I) ./ Campbellton Road ./ Upgraded ./ Clifton Corridor ./ Southwest Beltline ./ Northeast Beltline

marta . I 1:::> [rnElreCJ 13 f-' L 1\ N N I N '., MARTA ATLANTA SHORT TERM NEXT 10 YEARS " ij~ Buckhead O o

Light Rail Transit - Under Construction D Lindbergh..~ Moores Mill 4 ...... " Transit Center ----u.. .. Light Rail Transit ~ .•. 4:~ Bus Rapid Transit .._ .~ 0 Arterial Rapid Transit 0 Bankhead e Existing MARTA Heavy Rail fl' 0 0 o o 0c,fo 0 East Existing 0 Hamilton .. 0 0 Lake E. Holmes r,.~u::c.·· Transit Centers - Under Construction 1,1~ u~' ·r· D ~., 0 ~ . , Transit Centers - Open . • ,re.~ 11 Station Enhancements .....~ ~ ·V" .,,... , • • .,. 0

Greenbriar 0 f! fl Transit Center • 0 marta~. 11:::> [rnE~reCJ 14 f.-' l 1\ N N I N :,.; MARTA Airport 0+ ATLANTA LONG TERM BEYOND 2040 w ~~ Buckhead O o

Lindbergh o •Mo ores Mill " Transit Center Bus Rapid Transit Projects

Light Rail Transit Projects 0

Existing MARTA Heavy Rail Arterial Rapid Transit Qi) 0 0 East Existing Atlanta Streetcar 0 0 Hamilton Lake • Transit Centers E. Holmes • Station Enhancements

•Gr eenbriar 0 ~ Gt Transit Center e 0 marta~. I c:> [rnElreC] 15 1--'l 1\NNiN:_; MARTA Airporto+ ATLANTA PROJECT ACTIVITIES UNDERWAY INITIATING EARLY ACTION PROJECTS ./ Campbellton ./ Alternatives analysis kicked-off in May 2019 ./ Capitol Avenue (Summerhill) ./ Review of project scope and alignment in coordination with FTA ./ Coordinate with ART/BRT Standards effort ./ Streetcar East Extension ./ Coordination with MARTA Engineering & Operations to develop scope of work ./ Station Enhancements ./ Five Points Station Renovation Task Force ./ Coordination with City of Atlanta to identify master planning opportunities at Five Points and Bankhead ./ North Avenue BRT - Phase I ./ Advance early planning to coordinate with Summerhill BRT

marta~, I 1:::> [mE~reCJ 16 f-' L 1\ N N I N ;, MARTA ATLANTA TIER 2 COMMUNICATIONS AND OUTREACH PLAN AFTER BOARD ACTION

./ Provide community and stakeholders with the project sequencing approved by MARTA Board of Directors

v" Leverage various communications platforms and community-focused events to share updates on More MARTA Atlanta projects

v" Shift community and stakeholder communications to project-centered engagement activities

v" Update all existing collateral to reflect the sequencing of projects (i.e. More MARTAAtlanta microsite)

marta~. I 1:::, [IDElreCJ 17 f-' l 1\ N N I N ;; MARTA ATLANTA PHASES OF A PROJECT (FEDERAL vs NON FEDERAL)

YEAR O to YEAR 4 YEAR 4 to YEAR 8 YEAR 8 to YEAR 12+

Planning/ROW Acquisition Final Design/ROW Acquisition "'--a- Construction

Startup & Testing (as applicable)

PlanningNehicle Planning NEPA /Preliminary Design

Final Design/ROW Acquisition

Construction Streetcar Startup & Testing Lightrail Bus Rapid Transit

ONGOING OUTREACH THROUGHOUT THE LIFESPAN OF EACH PROJECT

Locally Funded Federally Funded • Project Phases Project Phases

marta~. IP [rnE~reCJ 18 f-'l 1\NNIN0 MARTA ATLANTA BOARD REQUEST

Based on the presented analysis, we request the Board to approve the current sequencing and we acknowledge that we will provide updates to the Board regarding More MARTA Program Atlanta annually.

marta~. 11:::> me1rec 19 f-'l ;\NNIN', MARTA ATLANTA ------

OPEN DISCUSSION - Q&A

marta~ 11:::> I [mElrec 20 I-' l /\ N N I N :_; MARTA ATLANTA

marta , . I METR0PoL1TAN ATLANTA RAP1 o TRANSIT AuTHoR1Tv

Resolution to approve the proposed MORE MARTA Atlanta Projects Sequencing Plan

Meeting: Planning and External Relations Committee, May 2019

Attachments: Voting Requirements: Agenda Report 1. Resolution Majority 2. Attachment A

DATE: May 30, 2019

SUBJECT: Resolution to Approve the Proposed More MARTA Sequencing Plan

RECOMMENDATION:

Resolution for approval of the recommended More MARTA Atlanta sequencing plan

(Attachment A) for project implementation.

BUSINESS PURPOSE

MARTA staff, in consultation with the City of Atlanta and JPLG, have developed a plan

that sets out a proposed sequencing of the MORE MARTA Atlanta program with an

attendant financial strategy and draft cash flow model, annexed hereto as Attachment A,

and have presented this plan to the MART A Board of Directors for approval. marca , . I METROPOLITAN ATLANTA RAPI o TRANSIT AUTHORITY

Resolution to approve the proposed MORE MARTA Atlanta Projects Sequencing Plan

Prepared By: Rucker,Franklin

Rucker. Franklin Chief Capital Programs, Expansion and Innovation May22201911:48AM cosign Approvals:

Parker, Jeffrey A.

Parker, Jeffrey A. General Manager/CEO May 22 2019 10:16 AM ART - BRT LRT • Stations/Transit Centers DRAFT SEQUENCING SCENARIO *Pre-project plonning is dashed

(May 21, 2019) 2020 2025 2030 2035 2040 2045 2050 2055 .. zua L Streetcar East Extension t:a::W M I Existing Streetcar Improvements MARTA will consider alternative Campbellton Rd LRT M MC::====------• delivery methods (P3) for LRT projects Streetcar West Extension IMMMMMaM------~i~

••••••• M j Project sequencing will adjust as Beltline SW LRT I . projects advance and must react to Clifton Corridor LRT*** •••••••M•======;===~~I ======~r, =~ current market conditions and the Beltline NE LRT ···M·-----:~======availability of federal dollars Beltline SE LRT*** MM M +I+ I PRINT DATE: 21 May 2019 Beltline West LRT*** Ml+ MM M I ***Assumes funding gap closed Metropolitan Pkwy ART I I As sequenced, some LRT projects Cleveland Ave ART I I have both capital and O&M funding Peachtree Rd ART Current Peak gaps that will need to be addressed Spending Year: 2032 as projects advance Capitol Ave/Summerhill BRT MM North Ave BRT M Phase I Phase II Northside Dr BRT Greenbriar Transit Center Moores Mill Transit Center

Station Enhancements: M Bankhead Bankhead/Five Points/ I M M ----- Five Points Vine City/Others Vine City C Other Station Enhancements Local Bus Service RESOLUTION OF THE MARTA BOARD OF DIRECTORS APPROVING THE SEQUENCING OF THE

PROJECTS TO BE FUNDED BY THE MORE MARTA ATLANTA SALES TAX

WHEREAS, in 2016, MARTA and the City of Atlanta developed a list of transit

projects that would be potentially funded by a local transit sales tax initiative being considered for

investment within the City of Atlanta; and

WHEREAS, in 2016, MARTA and the City of Atlanta developed a set of nine guiding principles that would assist in the subsequent selection of projects that would be potentially funded by a local transit sales tax initiative being considered for investment within the City of Atlanta; and

WHEREAS, in 2017, MARTA and the City of Atlanta entered into an

Intergovernmental Agreement (IGA) that established roles and responsibilities for each agency in the advancement of the More MARTA Atlanta program, called for the creation of a Program

Management Office (PMO) to advance the More MARTA Atlanta program, and called for the creation of a Stakeholder Advisory Committee (SAC) and a Joint Prioritization Leadership Group

(JPLG) to evaluate and identify a recommended program of projects to be implemented; and

WHEREAS, the JPLG advanced a recommended program of projects to the MARTA

Board of Directors in May, 2018 that was intended to be presented to the general public for review and comment prior to any action taken by the City of Atlanta and the MARTA Board of Directors; and

WHEREAS, an extensive public outreach and communications program was conducted in 2018, including a wide variety of forums and outreach events, stakeholder meetings, newsletters, social media outreach, and an online survey; and WHEREAS, the JPLG evaluated the input and feedback from these public outreach activities and made modifications to the initial program recommendation; and

WHEREAS, such revised recommendation was presented to the MART A Board of

Directors and approved by the Board on October 4, 2018; and

WHEREAS, subsequent to the adoption of the recommended program MARTA staff, in consultation with the City of Atlanta and JPLG, have developed a plan that sets out a proposed sequencing of the recommended program with an attendant financial strategy and draft cash flow model, annexed hereto as Attachment A, and have presented this plan to the MARTA Board of

Directors for approval.

RESOLVED THEREFORE, that the MARTA Board of Directors approves the recommended annexed Attachment A More MART A Atlanta sequencing plan for project implementation.

Approved as to Legal Form:

O'Neill, Elizabeth M.

O'Neill, Elizabeth M. . May 22 2019 2:36 PM cosign Chief Counsel, Metropolitan Atlanta Rapid Transit Authority