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Public Private Partnerships in California

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Public Private Partnerships in California Public Private Partnerships in California Phase II Report Section VII: California Political Environment July 2012 Research Team Dr. Genevieve Giuliano, Principal Investigator Dr. Lisa Schweitzer, Co-Principal Investigator Kevin Holliday, Project Administrator Teddy Minch, Research Assistant Mary Kuhn, Research Assistant Sol Price School of Public Policy University of Southern California Los Angeles, CA 90089-0626 Disclaimer The contents of this report reflect the views of the authors who are responsible for the facts and the accuracy of the information presented herein. This document is disseminated under the sponsorship of the Department of Transportation, University Transportation Centers Program, and California Department of Transportation in the interest of information exchange. The US Government and California Department of Transportation assume no liability for the contents or use thereof. The contents do not necessarily reflect the official views or policies of the State of California or the Department of Transportation. This report does not constitute a standard, specification, or regulation. - ii - Table of contents Disclaimer ..................................................................................................................................................... ii List of figures ............................................................................................................................................... iv List of tables .................................................................................................................................................. v Acknowledgements ..................................................................................................................................... vi Acronyms and terms defined ..................................................................................................................... vii Introduction ................................................................................................................................................. 1 Orange County Toll Roads ........................................................................................................................... 2 Introduction ............................................................................................................................................. 2 Origins and preliminary work .................................................................................................................. 3 Enabling legislation for financing and operation ..................................................................................... 7 Routing choices and environmental review .......................................................................................... 16 Foothill/Eastern Transportation Corridor ............................................................................. 16 San Joaquin Hills Transportation Corridor ............................................................................ 24 Contractors, subcontractors and construction ...................................................................................... 34 Performance .......................................................................................................................................... 41 Foothill South and the future of the OC Toll Roads ............................................................................... 46 Southbay Expressway (SR-125) .................................................................................................................. 54 Introduction ........................................................................................................................................... 54 Origins .................................................................................................................................................... 57 History of Chula Vista ........................................................................................................... 57 Pre-construction and deginnings ........................................................................................................... 59 AB 680 brings public-private partnerships to California ....................................................... 59 Initial lawsuits, issuance of draft EIR/S ................................................................................. 62 Funding challenges, rival projects ........................................................................................ 65 Issuance of final EIR/S sparks more conflict, legal action ..................................................... 68 Mitigation measures ............................................................................................................. 72 Was the environmental review process really that abnormal? ............................................ 74 Facility construction and operation ....................................................................................................... 78 Facility traffic and revenue performance ............................................................................. 78 Declaration of bankruptcy, post-bankruptcy prospects ........................................................................ 81 Conclusion ................................................................................................................................................. 87 Sources ...................................................................................................................................................... 92 - iii - List of figures Figure 1: Map of Orange County Toll Roads network .................................................................... 4 Figure 2: OC Toll Roads routing and The Irvine Company land holdings ........................................ 6 Figure 3: F/ETCA alternative alignments ...................................................................................... 18 Figure 4: Map of ETC project area, land forms ............................................................................. 22 Figure 5: Configurations of conventional/demand management alternatives ............................ 26 Figure 6: Map of Laguna greenbelt, SR-73 (SJHTC) ...................................................................... 34 Figure 7: Projected year-on-year growth vs. actual growth, SJHTC ............................................. 42 Figure 8: Projected year-on-year growth vs. actual growth, F/ETCA ........................................... 44 Figure 9: Map of Foothill South .................................................................................................... 46 Figure 10: Protestors rallying against Foothill South at Trestles. ................................................. 49 Figure 11: Location of the South Bay Expressway ........................................................................ 56 Figure 12: Chula Vista population growth, 1910-2004 ................................................................. 57 Figure 13: Route adoption map of SR-125 ................................................................................... 58 Figure 14: The Quino checkerspot butterfly ................................................................................. 65 Figure 15: SR-905 .......................................................................................................................... 66 Figure 16: Map of the San Diego and Arizona Eastern Railway line ............................................. 67 Figure 17: Average number of months to complete the NEPA process 1999-2000 ..................... 75 Figure 18: Map showing homeownership rates in San Diego County .......................................... 79 Figure 19: Average weekday volume of the I-5 and I-805 freeways ............................................ 80 Figure 20: Map of proposed State Route 11 ................................................................................ 86 - iv - List of tables Table 1: Definitions of acronyms and terms ................................................................................. vii Table 2: Build alternatives for F/ETC ............................................................................................ 18 Table 3: Wilbur Smith 2010 traffic forecast at key points – SJHTC ............................................... 27 Table 4: List of OC Toll Roads contractors, by road/consortium .................................................. 35 Table 5: Financing sources, SJHTC ................................................................................................ 36 Table 6: Financing sources, F/ETCA .............................................................................................. 37 Table 7: Annual projected/actual transactions, revenue, and growth FY97-11, SJHTC ............... 42 Table 8: Annual projected/actual transactions, revenue, and growth FY97-11, F/ETC ................ 44 Table 9: Plant and animal species affected by the SR-125 ........................................................... 73 Table 10: Expected future traffic volumes on SR-125 .................................................................. 81 Table 11: “Haircuts” taken by creditors of the SR-125/SBX toll road ........................................... 82 Table 12: SANDAG SR-125 buyback option 1 ............................................................................... 84 Table 13: SANDAG SR-125 buyback
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