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Home My WebLink About20033231 E-470 0 Public Highwa9 Authorit9 Update ate =� •-,,;=,-,-,..-4---:-. -,r;3dt ..�` w + ^, fi 4, S:..-,..:..4,-...1.4....v...:(-.... � ,fix... _ a,�. •W`r WA I .tai" 1 C rt'F .w ./ • k _� T. ,yf h i f a.:... m . >' { e,y Sig E 470's northern terminus connects with 1-25 near ieoth Ave.and the Northwest Parkway (scheduled to open November 24). The completion o�E-47o's northern link has contr buted to talk of a proposed lob-mile beltway around the Denver metro area. See feature on pages 3 and 4. April I - September 30,2003 Final Segm IV Con Financial QuarterlyConstruction Repoent rt 2003-3231 November 1,2003 r .�ut the Tollwa - E,470 is a tollvray that runs along the eastern perimeter of Fixed Contract Price The 70 mph highway extends The total contract price,including change orders and 7 Denier m-State i h area. s County amendments stood at$246,069,000 at the end of the third south f Perini,from-State Highway thenC-north in Dough ��Denver runs east through Aurora,passes quarter,and is subject to relatively minor final adjustment. of the Denver International Airport, The contract price included all design,construction, along ' at 1-25 near supervision,equipment materials,labor,and services related to and turns back towards D the west.terminating A57rhAhre.,north of Denver m7horttton. the design-build contractor's obligations under the design-build contract(including all equipment and services provided by gtiway Authority("the Authority") sub-contractors and vendors and intellectual property rights The Eof eight0 mePublic� jurisdictions: Adarihs;Arapahoe and necessary to perform the work). tonsba of mews juT i Douglas counties and the cities of Aurora,Brighton,Commerce City,Parker and Thornton. Affiliate,non-voting members are Engineering Oversight the cities ofArrvada,Broomfield and Greeley,and Weld County. The Au project oversight engineer services O'Brien n K itzbergt Ex-officio members are the Colorado Department of Incas Transportation s O Denver Regional Council of administration,document management,design review and Governments(DRCOG)and the Regional Transportation construction monitoring during the Segment IV design-build contract The O'Brien Kreitzberg contract value,after adding District(RTD). • three change orders,including added work for oversight of the 1-25 interchange design and construction,was $9,213,477. O'Brien continued to work with the Authority negotiating rt out wit Pro ect settlements through the final acceptance. • Segment IV,the final'pardon of the highway,was completed its almost three years,and was:finished five weeks ahead of schedule,on budget It connects E-470's former northern terminus at 120th Ave.with 1-25 on the north near the 157th § it Ave.alignment in Thornton. The'first four and one-half miles, e - e4 .14 n f. ,,,'tt'' from 120th Ave to US 65,opened on August B,2002. The last `) eight miles.from US 8.5 to 1-25,opened on January 3,2003. a A Segment IV.desigh-build contract was signed in January • • e2�� MKK and the Authority. �� o a • • $ 2000 between MKK Constructors ( ) MKK,a.joint venture between Washington Group.International, - = • • 5 Toll Inc.(formerly Morrison Knudsen)and Kiewit Western, Lasm n<n PlToil E • Desi n-Build 3 ®Subpar a°Paz e, designed and bunk dhg final portion. (See page 2: 8 =_ Interchange with I.25 and A • ♦ ■ ti 126th Menus future Northwest Parkway 124o,AVen; 4 COfiV3Ctdr-! / 2UM1 Av These weDesign-Bre amendments to the contract during the uzm Avenue second'or.third quaners,Through September,there have been Dam Avenue orders,totaling$15,091,423.' i .total of rg change components. encompassed in this amount 100th Avenue sb n Avenue a The t — inck*t!>e'o�to construct a maintenance support facility 3 in.Segment IV($2,67"2,062).the design and construction of an � ;.. �76 additional Mainline to connect to the Northwest Parkway Map of E 470 Segment I V and extra desigln.to complete the I-25 ( � s for the Northwest Parkway interchange conlnection ($2,750 000)at the Northwest Parkway's,expense. i Segment IV Design-build Project Progress Report Design-Build Contractor Area Activity and Economic Impacts The Authority entered into the Segment IV design-build E-470 could well become the"mall to mall" route for contract on January 27,2000 with the design-build contractor, shoppers. In Douglas County,the Park Meadows shopping a joint venture between Washington Group International,Inc. center is located at the intersection of E-470,1-25,and C-470. (WGI),formerly Morrison-Knudsen,and Kiewit Western Approximately nine miles east on E-470,Southlands is planned - Company. for 1.5 million square feet of retail in Aurora at Smoky Hill Construction Road and E-470. Several smaller retail centers are already under construction along the transportation corridor.At the end of the third quarter: Four cities in the north metro area are vying for the next • Civil design work was 100 percent complete. major retail center. These sites are all located in close • Bridge structure construction was 100 percent complete. proximity to E-470. At the northwest corner of E-470 and •All structural work was complete,and only punch list close 1-25 north,Prebble Creek is planned for I million square out activities remained. feet of commercial and retail. Flat Iron Crossing shopping •The construction of Toll Plaza E was completed along center,in Broomfield,is situated near the terminus of the with ramp plazas and the construction of Maintenance Northwest Parkway. Support Site E. Lauth Property Group announced its 160-acre industrial business park on the northwest corner of E-470 and 1-70. The Project Financial Highlights Aurora CommerCenter is bordered by E-470,26th Avenue, In May of 2000,the Authority closed on a $358,048,750 Picadilly Road,and the Union Pacific Railroad. Build-out of the bond issue to finance Segment IV. This raised E-470's total 2.7 million square feet of space will occur within five to seven debt to approximately $1,231,000,000. years. Lauth plans to break ground in the spring of 2004 on its At the end of the third quarter,the accepted earned value first speculative building. for Segment IV was $245,864,000.That amount is subject to There is a growing demand for new school construction to relatively minor adjustment (less than one percent) pending keep up with the residential development occurring along final disposition of minor budget items currently under review. E-470. The City of Aurora reports that,within the past five years,almost 1,000 students have moved into the area near E-470,Gartrell Road and Arapahoe Road. Projections indicate that the same area will experience growth of an additional -4 1 'n ' 1 t r E 9r Alm 1,400 students. Potential sites for new schools exist east and '`. west of the E-470 corridor,from Quincy Avenue south to County Line Road. • i: ' - - -M^ Girders are placed at the Peoria Street Bridge as part of the Segment I road widening project. ■ Final thoughts on the completion of E-470 a r kp't• We are,at last,fully open for business.On January 3,2003,E-470 opened its last eight miles to drivers,completing the 47-mile beltway around Denver. E-470 opened its first five miles back in 1991. E-470 completed construction of the final 8 miles,five weeks ahead of schedule and on budget.The entire project was accomplished without a • dollar of federal aid.Through the cooperative efforts of a public-private John McCuskey partnership,and pioneering use of the design-build construction method, E-470 Deputy Executive Director Director of Finance andAudit E-470 has set the bar high for future highway construction projects: • In his remarks at the Grand Opening Ceremony,Colorado's Governor Bill Owens called E-470 a"visionary highway"and a model for Colorado's transportation future. • E-470 has fueled talk of the potential for a continuous 106-mile beltway around the Denver metro area (see map on next page). •The Colorado Tolling Enterprise Board has considered adding toll-financed express lanes to several state highways. E-470 spurred the creation of another tollway,the 11-mile Northwest Parkway,which will connect with E-470 when it opens later this year.Drivers on the Northwest Parkway will use the same EXpressToll transponder used on E-470.All EXpressToll accounts will be managed from a common customer service center,setting the stage for new Colorado toll facilities to use the EXpressToll transponder interchangeably. EXpressToll (non-stop tolling) continues to be popular with drivers,and today over 60 percent of E-470's toll revenues are paid via EXpressToll.Innovative marketing strategies,partnerships and favorable publicity have resulted in a strong demand for the technology.On July 3,E-470 opened its 100,000th EXpressToll account,via its Web site,the most popular way for people to register. We realize our work is never done on a toll road.And,we continue to dedicate ourselves to improving our"product" and our service.This past summer,several construction projects began on E-470's first segment,opened in 1991.Work included road widening,adding a northbound climbing lane and constructing new on- and off-ramps at one of E-470's interchanges. As we transition into operating and maintaining the completed road,I would like to thank all of the supporters of E-470,and particularly members of the financial and investment community,for working with us to make E-470 a reality.I invite you to contact me with your questions or feedback.You can also keep track of our progress via our Web site,at www.e-470.com. Sincerely, John McCuskey E-470 Deputy Executive Director Director of Finance and Audit i ks Phone:(303) 537-3745 rPx `r` a"f i E-mail:jmccuskey@e470.com v p fr ry x brv"P ^m S. L 4 �p R^pp "S id 41, 'fix Riay yS$y, Crews prepare for construction on the off ramp at the Jamaica Street interchange,in Segment L Completion of E-470 spurs talk of a 106-mile .beltway around Denver Northwest , . Parkway h To Opening November 2003 0,4,oulder Distance: I I miles „','i, Starts:and the east, E-470 (�� I 1-25 near 160th Avenue EState ign thewa 1-28 i I State Highway I-28 Access to:Interlocker Business BRIGHTON Park,Flat Iron Crossing Mall, .; U.S.36 to Boulder Denver THORNTON `°' hrI"22 International ♦ "1t Airport GOLDEN ♦ COMMERCE CITY ♦ .. COLORADO ... .... I � 1 fi �� 4 . AURORA MO Jefferson Parkway E-470 Proposed Distance: 47 miles Distance:22-25 miles Starts:On the north, %DENVER Starts:On the south, U.S.36 near Broomfield I-25 and C-470 Ends:On the south,I-70 in anear Park Meadows Mall Golden,connects with C-470 Ends:On the north, connects with COLORADO �I Northwest Parkway at 1 2 I-25 and near 160th Avenue C-470 \ Distance:26 miles En the north,I- 0 in Golden II Ends:Connects with E-470 ' and1-25 in the south111 Par k Park Meadows Mall {,ice PARK C-470 MEADOWS , MALL PARKER N HIGHLANDS W-44110-E RANCH I S Budget and On the Revenue Road •The approved 2003 E-470 E-470 recorded its budget called for Monthly Toll Revenue For Past 13 Months 100,000th E-47 EXpressToll dedits operating revenues of account customer on July 3. $77,731,000 with MCash Tape ®Electronic TMs (see story on page 6). $61,774,000 (80 Electronic tolls continued percent) of that from t E5 � to outpace cash transac- olls.Through the second tions for recent monthly quarter,the Authority 54.000GOO- toll revenues. collected $26,800,000 in toll revenue or about $3°ggow- At the end of the third 43.4 percent of the quarter,EXpressToll E2,COg,I%U- projected annual toll accounts totaled 108,842, receipu.Through the a,.0000go- with the number of third quarter,the transponders issued Authority had collected a reaching 175,805. 1 / ill $43,300,000 in toll / I Although lower than the revenue,or about 70 projected amounts,week- percent of the projected day transactions increased toll receipts. E-4To steadily in the second and • For the 2003 budget,the Expressror Transponders Issued over the Past 13 Months third quarters. board of directors ExprenTar Accounts • approved total operating ■Total Transponders Issued expenses for the Authority ISO°°° for$23,472,000. 1600°° •Toll transactions through 1°°°°° 000 the second quarter on an 2O annual average were 110,000 for weekdays. eo c r ; This was 93.6 percent of the projection.Through the third quarter,toll 20000 transactions averaged r 118,000 transactions on 4" 01 de de dr 41 de e s"e le an annualized basis.This was 95.4 percent of forecast •Vehicle registration fees E-470 Average Weekday Transactions For Past 13 Months through the second quarter totaled (♦Actual Weekday Average $3,635,000,or about 48 o.000— percent of the annual 120.%p— total. Through the third quarter,vehicle registration fees fees totaled 80000— $5,680,000 or 77 percent 60,000 of the annual total. 40.mo— • Highway expansion fees collected through the second quarter quarter were 0 $151,000. Through the T / / / / / / ,d / , I third quarter,highway expansion fees totaled $207,000. ■ 7 E-470 Reaches 100,000th Board of Agijiate ExpressToll5M Account Directors Directors � {'" -: Noel Busck Don Allard I " �" i ' : ,1-,:- #.,AA;:, Mayor,City of Thornton, Council Member,City of fi Chairman Arvada, ht 4 Director . ,Ic Lynn Myers p n' ' _ County Commissioner, Tom Selders Arapahoe County, z Council Member;City of g {.,,,, First Vice Chairman _, _ Greeley,Director Gary Lasater Hank Mayor,Town Stovall 'r....\'''' c y own of Parker, .x"" ' ' Secretary,Treasurer Council Member,City and County of Broomfield, Sean Ford Director Ed DeLozier(E-470 executive director)and the Mayor of Thornton, Noel Busck(chairman of E-470's board of directors),with E-470's 100,000th EXpressTolP'customer,Andreas Chizzali. City Council Member, Glen Vaad Commerce City, Director Commissioner,Weld County, On July 3,E-470 recognized its 100,000th EXpressToll'"account holder, Jan Pawlowski Director Andreas Chizzali of Niwot,in Boulder County. With the click of his Mayor,City of Brighton, computer mouse,Chizzali became the 100,000th customer when he Director Management completed his online application via E-470's Web site. Ted Strickland For Chizzali,E-470 means he saves time during his monthly commutes County Commissioner, Edward J. DeLozier to Denver International Airport Adams County, Executive Director "Since E-470 opened on the north end,it's cut off anywhere from 15 to Director 20 minutes or more on my drive time from the Niwot-Boulder area to John McCuskey Denver International Airport,"said Chizzali. James R.Sullivan Deputy Executive Director Chizzali is not alone in using the Internet to sign up for EXpressToll'T', County Commissioner, Director of finance and Audit the electronic method to pay tolls using automatic vehicle identification. Douglas County, Directtoor Matthew M. McDOIe E-470's Web site is the most popular way for people to open new accounts. Chief Engineer And,more drivers are choosing the convenience of non-stop Paul E.Tauer payment with EXpressTollsm over stopping to pay cash at the toll plazas. Mayor,City of Aurora, David M. Kristick Today,EXpressTolls"users account for over 60 percent of the transactions Director Director of Operations on E470.EXpressTor accounts also accommodate multiple registered � ('(' vehicles within a household or business. Ex—O??1C1O J. Matthew Alexander The technology is well received among drivers throughout the Denver Directors Director of Maintenance metro area and along the Front Range. Dan Baker "Drivers with EXpressTor can traverse the highway at 70-mph, Dann Groff Director of Information without having to stop at toll plazas like cash paying customers:'said Colorado Department Technology of Transportation Dave Kristick,E-470's director of operations. (CDOT)When E-470 opened in 1991,it was the first highway in the nation to Headf tamers offer non-stop toll collection at highway speeds. Jack O'Boyle 9 The new Northwest Parkway also will offer non-stop toll collection Denver Regional Address: when it opens later this year.The new I I-mile toll ay will connect with Council of Governments 22470 E.6th Parkway E-470 and 1-25 near 160th Ave.,and drivers will use an interchangeable (DRCOG) Suite 100 transponder that is accepted on both roads.E-470 will provide seamless Rosemary Paolillo Aurora Colorado 80018 customer service through its partnership with the Northwest Parkway. Regional Transportation Telephone: II District(RTD) 303-537-3470 David Rose Regional Transportation District(RTD) I www. E-470.com r ram. Future Northwest ic ■ Parkway „� 1 '0 -9' � • : It E 99En a aII36thAvenuci = 4"e4,s2 - Ham Area BI 128th Avenue r_ 124th Avon I Olh Avenu 112th Avenue l 104th Avenue 104th Avenue Denier International ® I ,I Airport l 100th Avenue I -___ - 96th Avenue I Ali 1 V in o O 1�_. ri��i I 88th ue E' i0 !R L3 -O .� tl -�,` Rocky Mountain Arsenal Peda Blvd l � NationalWldlifeRefuge ® �.., eI 1 ,,, will41 r-1 n s I I ] ' ll IL �' I IL re i o RedevebpmeN 26th Avrnm r"' i'-1 — - - V., AC riellni I Montview BI II ©�s \t �� 2. 171h Avenu• ��Iii IR la-iv III �� Lowry x Legend 1' Campus �'.f.'A �, Buckley O g Air Foree Base V �E-470 Segment I illnn .dAve. E-470 Se menti 1 .+s Q ..'t I z' E-470 Segment IV . t �� P 1 3 ® .well Ave E-470 Segment IV �1►�flwjj ' "§ —Highways/Principal Arterials �MI ■YaeAv +"�_ Major Road + —County Border q Hsi nA ra Hampden Aven ' ;� - " , �Lake II— III!!' kat.- - ' iQuincy Ave ue NI ® E-470 Toll Plaza ' lII O Interchange B Review A e. Smoky Hill Ro.: #' N C I 0 1 2 3 Miles A Orchard Ro: tt_ IA 3 t'3 I Arapahoe R.:. v5i z .?t, Creek Rd.� °� N r 1 'e v-v is IIII •Airpo 1a °' ' 2 0 6 lil IIIHIIIIS .County me Road p p _ I ill I�_ W RI ■ 4 ■ ■ � November 1,2003 7 Hello