Laserfiche WebLink
40. The Pacific Northwest High Speed Rail Southern Terminus Study (Wilbur Smith <br /> Associates, 1995) fotmd that rail-related infrastructure improvements needed along the <br /> corridor include improved signals, grade crossings, track, and depots. These <br /> improvements are important to the success of high speed rail because Eugene-Springfield <br /> is the southern terminus to the high speed rail corridor. <br /> <br />41. OTP Policy 1F provides for a transportation system with connectivity among modes <br /> within and between urban areas, with ease of transfer among modes and between local <br /> and state transportation systems. <br /> <br />Policies <br /> <br />F.30 Support public investment in the Eugene Airport as a regional facility and provide land <br /> use controls that limit incompatible development within the airport environs. Continue to <br /> use the Eugene Airport Master Plan as the guide for improvements of facilities and <br /> services at the airport. <br /> <br />F.31 Support provision of rail-related infrastructure improvements as part of the Cascadia <br /> High Speed Rail Corridor project. <br /> <br />F.32 Support improvements to the passenger rail station and inter-city bus terminals that <br /> enhance usability and convenience. <br /> <br />Finance <br /> <br />Findings <br /> <br />42. Transportation costs are rising while revenues are shrinking and this trend is expected to <br /> continue. The 1999 OHP estimated total 20-year highway needs of about $29 billion, but <br /> projected revenues of only about $14 billion. <br /> <br />43. TransPlan estimates that operations, maintenance, and preservation (OM&P) of the <br /> metropolitan transportation system will cost $1.2 billion in 1997 dollars to maintain at <br /> current levels to the year 2020. Revenues for OM&P, including a regularly increasing <br /> state gas tax and federal forest receipts at current non-guaranteed levels after the <br /> guarantee expires, are estimated at $988 million, leaving a conservative estimated <br /> shortfall of about $212 million over the 20-year period before the implementation of <br /> fiscal constraint strategies. <br /> <br />44. The projects proposed in TransPlan demonstrate that nearly all of the region's travel over <br /> the next 20 years will rely on existing streets, highways, and bicycle and pedestrian <br /> facilities, emphasizing the importance of preservation and maintenance of these facilities. <br /> <br />45. Historically, the State Highway Trust Fund (SHTF) and federal forest receipts, significant <br /> sources of transportation revenues, have funded OM&P of the regional transportation <br /> <br /> III-F-12 <br /> <br /> <br />