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Item J1County of Monroe <r BOARD OF COUNTY COMMISSIONERS � Mayor David Rice, District 4 IleOI1da Keys ��x t t 0. Mayor Pro Tem Sylvia J. Murphy, District 5 Danny L. Kolhage, District I P f,< George Neugent, District 2 a Heather Carruthers, District 3 County Commission Meeting March 21, 2018 Agenda Item Number: J.1 Agenda Item Summary #3982 BULK ITEM: No DEPARTMENT: Engineering / Roads TIME APPROXIMATE: STAFF CONTACT: Judith Clarke (305) 295 -4329 10:00 a.m. AGENDA ITEM WORDING: Discussion and Direction to set the toll rate for the Card Sound Toll to be effective upon implementation of the all electronic tolling (AET) system on June 2, 2018. ITEM BACKGROUND: Monroe County is implementing an AET system at the Card Sound toll, which is scheduled to be operational on June 2, 2018. The tolling rate has been 0.50 cents per axle since the early 1990s. Personnel and maintenance costs for Card Sound Road and the five bridges on it have increased over time and annual costs will soon surpass annual revenue. The bridge assessment report that was completed for the county in 2014 indicates that the Card Sound Bridge should be scheduled for replacement in 2030 and gives an estimated construction cost of $32,000,000 for the replacement. PREVIOUS RELEVANT BOCC ACTION: The BOCC approved a task order with HDR Engineering, Inc. to develop a long term Toll and Revenue Study and a basis of design report for automating the Card Sound Toll in July, 2015. The BOCC approved a task order with HDR Engineering, Inc. to develop a design /build request for proposals (RFP) to convert the Card Sound Toll to all electronic tolling in November, 2016; The BOCC approved a contract with Transcore LP to provide, install, test and activate an all- electronic tolling system at the February, 2017 BOCC meeting; the BOCC approved the Locally Funded Agreement, the Agreement for Sunpass and Toll - By -Plate Electronic Toll Collection at the Card Sound Road Toll Facility and the Three Party Escrow Agreement with Florida Turnpike Enterprise for set up and administration of the toll system upon its completion at the April, 2017 BOCC meeting; theBOCC approved a contract with Halley Engineering Contractors, Inc. to design and construct improvements to the Card Sound Toll at the May, 2017 BOCC meeting. CONTRACT /AGREEMENT CHANGES: NA STAFF RECOMMENDATION: Staff recommends increasing the per -axle toll rate by 50 cents per -axle to a new per -axle rate of $1.00. DOCUMENTATION: FINANCIAL IMPACT: Effective Date: Expiration Date: Total Dollar Value of Contract: Total Cost to County: Current Year Portion: Budgeted: Source of Funds: CPI: Indirect Costs: Estimated Ongoing Costs Not Included in above dollar amounts: Revenue Producing: Grant: County Match: Insurance Required: Additional Details: If yes, amount: REVIEWED BY: Judith Clarke Completed 03/06/2018 2:39 PM Christine Limbert Completed 03/06/2018 4:27 PM Budget and Finance Completed 03/06/2018 4:39 PM Maria Slavik Skipped 03/06/2018 4:24 PM Kathy Peters Completed 03/06/2018 4:47 PM Board of County Commissioners Pending 03/21/2018 9:00 AM Monroe County Board of County Commissioners Meeting Card Sound Tolls March Zi, Zoi8 Chronology of Tolls at Card Sound Toll rate Date (2 axles) Reference /Comments 30- Jun -64 $0.50 resolution 54A -1964 sets toll as $0.50 for 2 axle vehicles. It establishes a plan to issue bonds to pay for the construction of the bridge; establishes accounts for bond payments and covenants. It also establishes a Renewal & Replacement Fund and requires monthly deposits of $1,250 until the fund balance is aintained at $75,000. County also covenanted not to create a competing bridge or ferry. 27- Jun -89 $1.00 Ordinance 18 -1989; set toll as $1.00 for 2 axle cars and defined the Card Sound Toll Autority as from Dade County line to intersection with US -1. Also includes $0.40 /axle commuter ticket 1- Nov -89 Ordinance 34 -1989 redefines the Authority boundaries as Miami Dade line to the intersection of C -905A and C -905 15- Sep -92 $1.50 Ordinance 28 -1992 increased toll to $0.75 for two axles and also increased 3 thru 6 axles. Continues the $0.80/2 axle vehicle discount program 21- Feb -95 $1.00 Ordinance 009 -1995 sets tolls back to $1.00 for 2 axles and provided exceptions to payment. Continues the $0.80 /2axle commuter ticket program 18- Feb -04 Ordinance 002 -2004 provides for the addition of 50% reduced tickets in books of 400 -- Tolls Adjusted for CPI u a� a� N I $4.00 $3.50 $3.00 $2.50 $2.00 $1.50 $1.00 $0.50 $0.00 CPI adjusted v 1967 CPI adjusted v 1991 r - m -i m Ln r- rn -i m ui r- m -i m Ln r" rn -1 m Ln r- m -i m Ln � � r- r- r- r- r- 00 00 00 00 00 rn m m m m o 0 0 0 0 -1 rn rn rn rn rn rn rn rn rn rn rn rn rn rn rn rn rn o 0 0 0 0 0 0 0 0 c-I c-I c-I c-I c-I c-I c-I c-I c-I c-I c-I c-I c-I c-I c-I c-I c-I N N N N N N N N N Staff Recommends: Tolls z axle vehicles ( >95 %) Base toll discount program Other vehicles ( <5 %) Base toll (per axle) discount program Future Adjustments Discounts Annual Pass (basis 48o OW trips) Monthly rebate (basis 40 OW /month) $2.00 eligible $][,Soo not eligible index to CPI app'd in 2011 $48o /year -40% W y � Need to fund future repairs /replacement Provides discount programs Shares costs among visitor /occasional users (67%) frequent users (33 %) Countywide residents Example Scenario Expected Costs (in today's dollars) Resurface road (si-3mil) Replace bridge ($32Mil) Repair/ Replace 4 bridges ($7.3mil) 2025, 2045, 2o65 2030 2035 Assumptions Growth of traffic o.i% /year Resurface road fund from sales or gas tax Replace bridge si[6 million from 2oi8 -30 $4 million from County bond $112 million(30 yrs) Replace q. bridges we fund in 2035 (maybe multiyear project) Cumulative Cash 'Flow $25,000,000.00 $20,000,000.00 $15,000,000.00 $10,000,000.00 CumWative Cash Flow $5,000,000.00 $0.00 00 o N � W oa a N 4 - - O , 9 N �n oa a N �n DO a N lD r-I N N N N N m m m Ln ul ul Ln ul W cep W W o O y v O O O O C v 0 v a ® O O n o - $5,000,000.00 - - - - - - M - - - - - - Annual cash flow $4,000,00000 $2,000,000.00 $0.00 C 0 N W C4 O N 00 o N � w m o N � w m O N 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 N N N N N N N N N N N N N N N N N N N N N N N - $2,000,00000 -$4,000,000.00 - $6,000,000.00 Annual cash flow -58,000,000.00 - $10,000,000.00 - $12,000,000.00 8 Assumes Staff Recommended si /axle new toll with $48o /annual pass and 40% frequent user rebate program Discounts Approved by BOCC i*n April 201 Discount programs (approx. 33% of users) Use Sunpass Transponder (either type) Are tied to license plate -i.e. no sharing of tranSDonders v i Limited to two axle vehicles Annual passes (-50% paid annually) - unlimited trips Frequent users (-40% on monthly basis) - threshold is 40 OW trips /month - automatic rebate on the next month t, Staff Recommends: Tolls z axle vehicles ( >95 %) Base toll discount program Other vehicles ( <5 %) Base toll (per axle) discount program Future Adjustments Discounts Annual Pass (basis 48o OW trips) Monthly rebate (basis 40 OW /month) $2.00 eligible $][,Soo not eligible index to CPI app'd in 2011 $48o /year -40%