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We Impr E Y R J Rney CONNECTIONS & OPPORTUNITIES 2018 ANNUAL REPORT ® We impre yr jrney E-470 ROUTE Larkridge 160TH Regional Retail Center E-470 ROUTE 25 A-E E-470 MAININE TO PAA YORK ST TO INTERCHANGE NWP NO TO INTERCHANGE U.S. 85 SERVICE CENTER QUEBEC STREET 144TH BRIGHTON 76 THORNTON Barr Lake 120TH 120TH ADAMS COUNTY 112TH COLORADO BLVD 104TH 104TH COMMERCE CITY 96TH Denver International Airport 25 Rocky Mountain Arsenal PENA BLVD National Wildlife Refuge 64TH 56TH TOWER RD TOWER PICADILLY RD PICADILLY Downtown 225 26TH Denver E-470 FACING WEST NEAR 96TH AVENUE COLFAX AVE 70 6TH 6TH PKWY Buckley COLORADO BLVD APPROACHING THREE DECADES AS A TOLLING LEADER MISSISSIPPI AVE Air PARKER RD Force Base AURORA Since its inception in 1991, E-470 has been prominent in tolling services and technology. 25 JEWELL AVE EVANS The Authority’s rollout of All-Electronic Tolling in 2009 marked one of the first implementations of this ILIFF AVE technology in the country. Through ExpressToll, Colorado’s “One Stop Toll Shop”, E-470 has provided GUN CLUB RD CLUB GUN HAMPDEN AVE centralized customer service, billing and back-office support for all of Colorado’s tolling facilities, Cherry Creek QUINCY AVE Reservoir Quincy transforming and expanding tolling in the state. BELLEVIEW AVE Reservoir SMOKY HILL RD ORCHARD RD 25 During 2018, E-470 staff and its Board of Directors realized new opportunities to provide maximum PEORIA ST PEORIA Southlands ARAPAHOE RD Mall benefit to ExpressToll customers of E-470 as well as the larger Colorado community. Leading the charge SANTA FE DR ARAPAHOE COUNTY BROADWAY Centennial COUNTY LINE RD Airport were the E-470 Board of Directors’ unanimous votes to implement a toll rate freeze and to remove the Park Meadows GARTRELL RD Shopping District Vehicle Registration Fee (VRF), which had been in place since the founding of the Authority in 1988. C-470 Meanwhile, the planned next phase of the E-470 Road Widening Project and strengthened partnerships JORDAN RD PARKER RD in the region will provide new and enhanced connections for E-470 customers. PARKER PEORIA ST PEORIA JAMAICA ST JAMAICA CHAMBERS RD CHAMBERS DOUGLAS COUNTY By focusing on connections and opportunities in 2018, E-470 charged into 2019 well positioned to continue providing a superior value and experience to customers while serving the larger Colorado tolling community. 1 E-470 PUBLIC HIGHWAY AUTHORITY LEADERSHIP E-470: REALIZING REGIONAL BOARD OF DIRECTORS CONNECTIONS AND OPPORTUNITIES The 75-mph E-470 toll road forms a 47-mile semi-circular beltway around metropolitan Denver’s eastern area and provides access to Denver International Airport. E-470 connects in the south to the I-25/C-470 interchange in Douglas County, and in the north to the I-25/ Northwest Parkway interchange in Adams County. The highway was built in segments, with the first segment opening in June 1991 HEIDI WILLIAMS CHAZ TEDESCO ROGER PARTRIDGE STEVE DOUGLAS and the final segment opening in January 2003. Chair Vice Chair Secretary Treasurer Mayor, Commissioner, Commissioner, Council Member, The toll road has been financed, constructed, City of Thornton Adams County Douglas County Commerce City operated and governed by the E-470 Public Highway Authority and is not taxpayer funded. The Authority is a political subdivision of the State of Colorado, operating as an enterprise under state statute and thus is self-sustaining, generating its own revenues without recourse to taxpayer funds. The Authority is composed of its eight member jurisdictions, including five municipalities (Aurora, Brighton, Commerce City, Parker and Thornton) and three counties (Adams, Arapahoe and Douglas). Each jurisdiction has one voting member on the BILL HOLEN FRANÇOISE BERGAN KEN KREUTZER JOHN DIAK Commissioner, Council Member, Mayor, Council Member, E-470 Board of Directors. Arapahoe County City of Aurora City of Brighton Town of Parker Non-Voting Local Governments • City of Arvada E-470 EXECUTIVE LEADERSHIP • City and County of Broomfield • City of Greeley • City of Lone Tree • Weld County Non-Voting Agencies • Colorado Department of Transportation • Denver Regional Council of Governments • Regional Air Quality Council • Regional Transportation District TIM STEWART DAVID KRISTICK KEN SMITH JASON MYERS NEIL THOMSON Executive Director Deputy Executive Director of Information Director of Finance Director of Director, Technology Engineering and Director of Operations Roadway Maintenance 2 OPPORTUNITIES FOR SAVINGS CONNECTING CUSTOMERS adding a third lane in each direction from Quincy Avenue to I-70, along with budget The Authority’s decisions to freeze toll rates and eliminate the Vehicle appropriation approval in December Registration Fee (VRF) in 2018 reflect the organization’s commitment to 2018. The project will be approximately take advantage of opportunities that balance safety, maintenance, fiscal 8-miles long and include grading and responsibility and stewardship. drainage to support a future fourth northbound and southbound lane from Quincy Avenue to I-70. Additional project TOLL RATE FREEZE The toll rate freeze for ExpressToll customers using E-470 was initially passed elements include the widening of fourteen in November 2017 and set to continue for three years, pending annual Board bridges, improvements at Toll Plaza B, approval. In November 2018, the E-470 Board of Directors voted to maintain the relocation of the northbound Quincy the freeze through 2019, a decision which keeps 2017 toll rates in place for Avenue ramp to improve the Quincy ExpressToll drivers on E-470. The initial 2017 decision to lock in toll rates marked Avenue interchange and the extension of the first time since the 47-mile roadway opened that tolls have been frozen. the public High Plains Trail. The $99 million project spanning three years is being The original vote by the Board also included a decrease in the ExpressToll rate funded by the Authority through tolls and at Toll Plaza C (between I-70 and Peña Boulevard) by $0.25, a reduced rate E-470 reserves. Following initial design in which is staying in effect for 2019. Conversely, License Place Toll (LPT) rates 2018, the project will move from design to for 2019 are following the schedule that the E-470 Board adopted in 2017 to construction in mid-2019 with completion account for the higher cost of collection for those types of transactions. estimated for late 2020. E-470 ROAD WIDENING CONSTRUCTION VEHICLE REGISTRATION FEE QUINCY RAMP RELOCATION In April 2018, the E-470 Board of Directors unanimously voted to remove the VRF In early 2018 the Authority partnered with the City of Aurora and Arapahoe for Colorado motorists residing in counties where the fees had been imposed County to address increasing traffic congestion and safety concerns in the since 1988. The fees were originally approved by the electorate in Adams, Quincy Avenue area due to the proximity of the E-470 ramp intersections and Arapahoe and Douglas Counties at a time when the revenues from the $10 VRF the adjacent Gun Club Road intersection. were essential for the initial construction and operations of E-470. The solution agreed upon between the three agencies will require The bonds pledged by the VRF were initially set to be retired in 2026. The two concurrent construction projects. The County will convert the E-470 Board refinanced the bonds in 2001 and seized the opportunity to Quincy Avenue/Gun Club Road intersection to a partial continuous flow provide maximum benefit for customers by reducing the final maturity with layout that will significantly increase capacity and traffic throughput. a scheduled payoff for 2018. Following coordination between E-470 and the Simultaneously, the Authority will relocate its northbound Quincy Avenue impacted counties, the VRF was officially eliminated on September 1, 2018. ramp to connect to Gun Club Road via a buttonhook layout. This ramp relocation will remove one of the intersections from the Quincy Avenue corridor, thereby reducing congestion, travel times and safety concerns. CONNECTING CUSTOMERS In 2018, the Authority moved forward on complementary projects to support The Authority’s ramp relocation will be included in the concurrent Quincy enhanced connections, improved driving time and additional convenience for Avenue to I-70 Road Widening Project to achieve economies of scale with customers. The projects reflect E-470’s commitment to continually improve construction mobilization. the experience on the E-470 roadway and to work with area partners to strengthen the larger transportation system. For the ramp relocation project, the Authority expects to have a funding agreement in place with Arapahoe County and the South Aurora Regional Improvement Authority in the summer of 2019, with improvements expected CONTINUING ROAD WIDENING EFFORTS ON E-470 The E-470 Board unanimously voted in September 2018 to widen E-470 by to be completed by mid-2020. 3 E-470 IN THE PAST, PRESENT AND FUTURE A TRIBUTE TO THE LATE STEPHEN D. HOGAN CELEBRATING MILESTONES: THE STORY OF A GLOBAL TOLLING PIONEER The Authority published E-470: More Than A Highway in 2018. The book, authored by University of Colorado Denver Professor and Director Thomas Jacob Noel, details the founding of E-470 and stories that have emerged in its nearly three decades of history. As the stories of leadership eras were revealed throughout the book, additional commemorative pieces were developed. In an effort to preserve the exceptional and historic work done through the tenures of five Executive Directors, E-470 unveiled E-470: MORE THAN A HIGHWAY HISTORY BOOK five timelines in the Authority’s Board Room showcasing the In June 2018, E-470 co-hosted the groundbreaking COLORADO milestone achievements of the organization’s leadership. HISTORY THE JOHN E. ARNOLD ERA event for the Stephen D. Hogan Parkway at 1987 1989 AUGUST 27, 1987 JANUARY 1989 Governor Roy Romer signs the The Federal Highway Administration, from Public Highway Authority Act.
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