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Press Release - Oct 15, 2007

OFFICE OF GOV. BILL RITTER, JR.

FOR IMMEDIATE RELEASE

MONDAY, OCT. 15, 2007

 

CONTACT

Evan Dreyer, 720.350.8370

 

BLUE RIBBON TRANSPORTATION PANEL MEETS ON TUESDAY

 

Gov. Bill Ritter's blue ribbon transportation panel will meet in Denver on Tuesday at the Loews Hotel, 4150 E. Mississippi Ave.

 

Gov. Ritter convened the 30-member Transportation Finance and Implementation Panel earlier this year to explore the state's transportation revenue challenges. The state's primary revenue sources are declining while demand and the costs of construction and maintenance are rising. Final recommendations are due to Gov. Ritter by the end of the year.

 

Following Tuesday's meeting, the next meeting is scheduled for Oct. 25 at the Colorado History Museum in Denver.

 

Click here for more details about the transportation panel and its technical advisory committee.

 

Here is the complete agenda for Tuesday's meeting:

 

8:30 a.m.         Introductory Comments by Co-Chairs

Doug Aden, Cary Kennedy and Bob Tointon

 

8:35                 Comments from Russ George

           

8:40                 Review Final Vision Statement

 

9:00                 Outcome Based Investment Levels of Service

  • Review exercise results from October 4th meeting
  • Review category definitions
    • Mobility
    • Transit
    • Inter Regional Transit
  • Discuss potential adoption of October 4th exercise results as a funding threshold to move forward
  • Run exercise again to establish additional thresholds if necessary

 

11:00               Side-by-side Revenue Options Discussion

  • Recap remaining revenue options
  • Update numbers for Maintenance fee option
  • Discuss new options

 

Noon               Lunch

 

1 p.m.              Side-by-side Revenue Options Discussion continued

 

1:45                 Tying Thresholds to Revenue Options Exercise

  • Develop funding packages to support each threshold
  • Incremental investment over time options

 

3:00                 Report Outline Draft

  • Review and Discuss

 

3:30                 Policy Recommendations (Review for 10/25/07 discussion)

 

Policy statements

  • Bonding
  • Tolling
  • Public Private Partnership
  • Transit
  • HUTF Off-the-Top
  • Climate Action
  • Freight

 

Legislative recommendations

  • Colorado State Patrol's safety and hazardous fines proposal
  • CDOT - Non-divisible Loads
  • POE fees and fines

 

Funding Proposals that need further study

  • VMT Pilot
  • Specific Ownership Tax taskforce
  • Constitutional restrictions on highway dollars

 

4:00                 Close

Next Meeting:

October 25, 2007

Colorado History Museum