11 1 1 1 <br /> ~ ~ 11 1 ~ I ~ 1 <br /> A end ix F <br /> pp <br /> Modernization Fundin List <br /> g <br /> <br /> The Vision Committee recommends projects around the state. The project <br /> $94.1 million for a new State Highway identification process for SB 566 was <br /> Modernization Program. $66.1 million done concurrently with the 2010- <br /> would be added for Modernization 2013 STIP process because its timing <br /> projects selected annually in the requirement aligns closely with the STIP <br /> Statewide Transportation Improvement process. <br /> Program (STIP); $33 million would <br /> be used to pay debt service for $400 ODOT Regions worked with the Area <br /> in Modernization bonds. The bond Commissions on Transportation (ACTs) <br /> proceeds would finance modernization and other planning organizations to <br /> projects to address freight bottlenecks. prepare a list of projects for 2010-2015 <br /> that would be possible if increased <br /> <br /> The Oregon Transportation Commission funding were made available. ACTs <br /> identified projects that relieve are advisory bodies chartered by the <br /> congestion, improve freight mobility Oregon Transportation Commission <br /> and enhance safety to respond to in order to expand opportunities for <br /> 2007 Senate Bill 566. The process local citizen, business, and industry <br /> used to identify these projects is involvement in ODOT's decision- <br /> described below. In addition, the making. ACTs consider regional and <br /> 99 modernization projects that were local transportation issues that affect <br /> identified are listed in the next few the state system. They work with ~ <br /> pages. other local organizations and include <br /> representation from stakeholders in <br /> <br /> These projects illustrate the need for areas such as freight, trucking, bicycle <br /> state highway modernization across and pedestrian, public transportation, <br /> the state. These projects and others public interest, environmental, land use, <br /> would be evaluated under interim business, education, public safety, and <br /> criteria developed by the Commission non-profit organizations, along with <br /> pursuant to the Vision Committee's local residents. <br /> recommendation (see page 7). <br /> Each project identified by the ACTs was <br /> Projects that enhance safety, required to have a narrative describing <br /> improve freight mobility, and how the project reduces traffic <br /> reduce congestion congestion, improves freight mobility, <br /> and enhances safety. <br /> Senate Bill 566, passed by the 2007 <br /> Oregon Legislature, required the Oregon The ACTs had a large pool of project <br /> <br /> Transportation Commission to consult concepts from which to select potential <br /> with stakeholders, local government, SB 566 candidates. Projects may be <br /> and Federal Highway Administration to either on the state system or on local <br /> identify critical transportation projects. roads and streets that relieve pressure <br /> <br /> These parties are also involved in on state highways. Extensive lists of <br /> the biennial update of the Statewide projects have been identified by the <br /> <br /> Transportation Improvement Program Oregon Freight Advisory Committee, in <br /> (STIP), which identifies, schedules regional transportation plans (RTPs), <br /> and budgets for regular transportation and transportation system plans (TSPs). <br /> 47 <br /> <br />