for a special meeting -- meeting, and the timing for this is such, unless action is not taken by a specific time, we may lose some funding. >> absolutely. this has been a very complex process getting a solution on the issue. it required i attend the transportation commission last week and it required several other contacts the mtc, mayor's office. we really got resolution on this too late to note it for today. we do not have a choice, as far as not being able to deal with it today. we cannot wait until their regular march board meeting because they would be acting before that. they have to take action on the state transportation program the third week of this month. so we would be missing an opportunity and endangering the

tfia loan the government will be giving us, as well as the project as a whole. we do not have a choice. i think the arrangement that we have reached is fairly straight forward. we should be able to have a meeting and get it by next tuesday. i apologize we have to do it that way. we already have enough meetings. thank you for your patience on that. commissioner campos: thank you. any questions for the executive director? why don't we open it up to public comment. is there anyone from the public that would like to comment on this item? seeing none, public comment is closed. madam clerk, please call item five. >> item 5. increase the amount of the professional services contract with wmh corporation by $4,300,000, to a total amount not to exceed $5,900,000, to complete preliminary engineering, environmental analysis, and design services of the yerba buena island bridge structures and authorize the executive director to modify contract terms and conditions. this is an action item.

commissioner campos: thank you. items five through 11 are items that were heard and considered by the finance committee. i do not know if commissioner wiener has anything to add, as chair of the finance committee, to any of the items. commisioner wiener: no, mr. chair. commissioner campos: is there anyone from the public that would like to comment on this item? seeing none, public comment is closed. roll-call on item five. >> [roll call] the item passes. commissioner campos: please call

item six. >> item 6. award a two-year consultant contract to fehr & peers, in an amount not to exceed $165,000, for planning services for the balboa park station area circulation study, and authorize the executive director to negotiate contract terms and conditions. this is an action item. > commissioner campos: is there anyone from the public that would like to comment on this item? seeing none, public comment is closed. colleagues, can we take that item same house, same call? the item passes. please call item seven. >> item 7. award a two-year consultant contract to arup north america limited, in an amount not to exceed $318,000, for planning services for the 19th avenue transit corridor investment study, and authorize the executive director to negotiate contract terms and conditions. this is an action item. commissioner campos: is there anyone from the public that would like to comment on this item? seeing none, public comment is closed. san house, same call. the item passes. please call item 8. >> item 8. execute an amendment to increase the interior architectural contract agreement with gensler by $168,876, to a total amount not to exceed $206,500, for

additional interior architectural, acoustical and audiovisual consulting services for the authority workspace at 1455 market street and authorize the executive director to modify certain terms and conditions. this is an action item. commissioner campos: is there anyone from the public that would like to comment on this item? seeing none, public comment is closed. same house, same call. the item passes. item nine. >> item 9. authorize the executive director to substitute the credit facility for the $200,000,000 commercial paper program, to enter into a new credit and/or liquidity facility agreement with the top-ranked bank, and to negotiate agreement terms and conditions. this is an action item. commissioner campos: is there anyone from the public that would like to comment on this item? seeing none, public comment is closed. the house has changed. if we could have a roll call. >> [roll call]

the item passes. commissioner campos: please call item 10. >> item 10. approve the 2012 state and federal legislative program. this is an action item. commissioner campos: is there anyone from the public that would like to comment on this item? seeing none, public comment is closed. the house has changed. if we could get a roll call on this item. >> [roll call] the item passes. commissioner campos: item 11. >> item 11.

adopt a position on state legislation. this is an action item. commissioner campos: is there anyone from the public that would like to comment on this item? seeing none, public comment is closed. the item passes. item 12. >> item 12. reappoint peter tannen to the citizens advisory committee for a two-year term. this is an action item. commissioner campos: this is items 12 through 14 considered by the plans and programs committee. on items fall, commissioner wiener. commisioner wiener: i want to thank the plans and programs committee for reappointing peter to the cac. he is a district 8 resident. he worked at the mta before his retirement, working on the bike program. he is a tremendous advocate for progressive transportation policies, so i want to thank colleagues in advance for supporting his appointment. commissioner campos: is there anyone from the public that would like to comment on this item? seeing none, public comment is

closed. colleagues, can we take this item same house, same call. the item passes. item 13. >> item 13. allocate $209,514 in prop k funds, with conditions, to the san francisco municipal transportation agency for two requests, subject to the attached fiscal year cash flow distribution schedules, and amend the traffic calming 5-year prioritization program. this is an action item. commissioner campos: is there anyone from the public that would like to comment on this item? seeing none, public comment is closed. colleagues, can we take this item same house, same call? the item passes. please call item 14. >> item 14. adopt the fiscal year 2012/2013 transportation fund for clean air local expenditure criteria. this is an action item. commissioner campos: is there anyone from the public that would like to comment on this item? seeing none, public comment is closed. colleagues, can we take this item same house, same call? the item passes. please call i-215. >> -- item 15. >> item 15.

adopt the 2011 annual report. this is an action item. commissioner campos: we heard this item at the last meeting, but this will allow us the opportunity to have a full presentation and a more robust discussion. mr. milosevic -- moscovich? >> as you correctly said a moment ago, this is a statutory requirement for section 13 1.303 of the california puc. we do it as an annual report to be adopted by the board in january of each year. it is fitting to start with a quick analysis of trends, in terms of the programming of funds.

the first thing that should be said is our revenue has increased by more than 10% over the calendar year 2011, up from $68 million in 2010, to over $75 million in 2011. at the same time, we experienced lower product delivery and demand for prop k funds than anticipated in the 2009 strategic plan update. more availability of state funds -- bonds and federal bonds was the situation for us in terms of outside funding than originally expected. that led to the staff recommendation not to issue long-term debt, given the conditions on the ground. on page four of our presentation, i want to call your attention to the same trends, in terms of slower

anticipated project delivery. you can see that on the first row, locations and to date of $588 million, expenditures of only $390 million. in the bottom row, a total of $853 million allocated by this board, but only $530 million spent. obviously, we cannot rejoiced and a lot of the money allocated stays on the table because that money needs to be used for projects, otherwise, there are products escalation costs. inflation is hard to be on these things and we are always looking for the opportunity to expedite project delivery. that may give you a quick overview of other funds that have come our way, especially stimulus funds. $40 million in american recover and reinvestment act funds, programming them to several programs throughout the city,

replacement of the visit vera street, bush, williams avenue, jones, seventh street, laguna honda, and third street. we also use them to build 200 curb ramps, 60 pedestrian signals, and 90 countdown signals, which is the most popular item we have on the agenda today. all of those items are now open for use. another $160 million awarded to signature products -- projects, which we discussed separately. terms of state funding, the budget crisis in this cycle is only $30 million over the five- year cycle, of which 10.9 or regional improvement fund, 2.2 in enhancements. these are funds that are now threatened by the republican- flavored service transportation act proposal in congress.

the regional improvement program funds committed to prop k signature projects for presidio parkway, transbay terminal, caltrain, central subway, funds go to the safety campaign and conversion crosswalk project. there has been quite a bit of progress in terms of the bicycle program coordination with the lifting of the court injunction against the bicycle plan. following this board's policy action, we will work with bart, caltrain, mta, and dph, with input from the bicycle committee to ensure a steady stream of projects ready to be implemented. we prioritize funds for by product planning and design. among those, the open field bikeways, cesar java's, masonic avenue, and market street. we revisited and approve the

five-year prioritization program for the bicycle project, in addition to the one for traffic signals. on the next page, we've also have a record of projects funded using the transportation fund for clean air, which is the funding source that comes from the bay area air quality management district. in 2011, we program over $1 million in funds to pedestrian and commuter benefits, right batching, electric charging stations, and emergency ride home, and other projects and programs that helps to clean the air by giving people alternative to driving. those bonds leveraged four times their weight in other funds. we managed a total investment of almost $6 million out of that $1 million in funds. in addition to the programming for tfca, there was a significant delivery of projects.

$2.3 million in projects in san francisco, including 11 class to buy planes -- 2 bike lanes. transportation and equipment as well for geneva avenue and bicycle open for the tunnel. support for the bicycle fleet program and market street bike lanes, among other projects. we continued two program funds for the lifeline transportation program, established to improve the ability of low income communities. that is also administered by the authority. $10 million went to nine projects, including the balboa park station, other stations where we worked closely with commissioner abel lovalos' depa.

hunters point revitalization, randolph transit access, improvements to route 29, 08 to treasure island, as well as other transit services. the livable communities and teammate block grant saw an amount of activity as well. $20 million in programmed projects including pedestrian transit improvements on market and haight, soma, streetscape improvements on second street, broadway avenue, bike trail projects, and safe routes to school education program, projects at sunset elementary. commissioner campos: before you

move forward, we have a question from commissioner carmen chu. commissioner chu: in terms of the safe route to school program, i know this is one thing that the area had applied for multiple times, unsuccessful in getting. has been a huge party, given the fact that there is a middle school, elementary school, another school behind its, a public library, a recreation center in the area. heavily trafficked area. i just wanted to get a sense from you about progress on that project. >> a very timely question. we have an issue we are trying to resolve on the grant for that project. it is almost $600,000. there is a deadline that the project sponsor missed on that grant that we just became aware of and they're trying to resolve them with the mtc.

that is the best at intermission and in the right now. i expect to have a full report at committee this month. of course, at the full board, if necessary. >commissioner chu: i would appreciate that. given the fact that we are fighting the receiving funding, it is a huge priority for me and the kids and schools that are near it. i would like to hear an update. >> thank you. back to the presentation, prop aa was approved by the voters. this is a vehicle transportation fee. we set up a program and built up to program reserves. the program gets going this year with 50% of revenues going to strip repairs, pedestrian safety, and the other 25% to reliability improvements. it is certainly a welcome about of steady revenue, even if it is

not big. sustainable community strategy, the authority coordinated input into the sustainable community strategy and regional transportation plan, which will guide over $200 billion in transportation funding coming into the region over the next 25 years, including 13 neighborhood meetings and public outreach for the rtp culture projects, block grant advocacy for fair and balanced funding formulas at the regional level, on which we cover it with both commissioners campos and weener -- wiener, coordination of all involved agencies with participation from board members. i want to thank several of you for consistently attending those meetings and providing policy guidance. there is a major initiative that got under way in 2011, the

state of the san disco transportation plan. this is a 30-year look at the future mobility of the city. -- san francisco transportation plan. we received over 400 responses from agencies and citizens from around the city. we created a primer to show what it would take to meet our goals. the project characterization and development of alternatives is underway and update is expected in summer 2012. we also got the congestion management program approved for 2011. that was an action you took in december, which is key to maintaining eligibility to receive state and federal funds. a couple of important highlights. alternative measures, performance, speed ratios, ceqa transportation reform initiatives related to alternatives to the level of service metric, transportation

sustainability project, which is coming to you on a different circuit for approval, the culmination of the authority's efforts in this area, which makes us now the leader in this field, both in the state and national level. moving away from almost a century of level of service as the metric for performance. in the planning arena, we have had a very busy year with the better market street project kickoff, which built on the authority's 2005 market study, 2000 a strategic analysis report. it is one of the most comprehensive examinations of the most emblematic street in the city. in the authority and contract in england say -- the authority it is contrasting with multiple design teams. i suppose you will be seeing those soon in the next couple of months.

we have very key pricing initiatives. we anticipate we will have the mobility management agency designated for treasure island, with more than 8000 residential units. that organization will be implementing the pricing and transportation programs required on the island. the core mission of the agency is expected in the spring of 2012. this will give us an opportunity to further reinforce the case for the treasure island transportation project, along with the northeast corridor project, as top performers in the original transportation assessment with the mtc. we have a seminal study on 19th avenue transit that we are going to be moving forward with after obtaining a caltrans planning grant. this is for the realignment of the m line, strengthening the

connections to daly city bart from 19th avenue, as well as coordination with land development in the area. we have also been working on the balboa park station circulation study where we also obtained a caltrans grant to do a feasibility analysis to improve access to muni, bart, enhance pedestrian safety, and support for a citizen advisory committee to track progress of the station improvement projects. we have a number of ongoing studies and projects including travel management partnerships, octavius circulation studies, bay shore intermodal access the study, western soma neighborhood transportation plan, and major improvements to our forecasting models. we also obtained a trout -- caltrans grant for the bayview

hunters point mobility solutions study. this is a seminal effort on how to do more with what we have and to knit the community together in the process. we're looking forward to completing the study this year. we have also made progress on the bike county study which is a multi-jurisdictional, multi- agency, multi-year study to look at the southeast corner of the city and adjacent areas in some detail county. in 2011, this effort resulted in priority projects worth over $600 million, including a geneva brt line, reconfigured candlestick interchange, and other improvements. i anticipate you will have a report on that in the next couple of months as well. the chair already mentioned the agreement on the presidio parkway second phase funding.

i will not review that again. we also have underway the process for getting the van ness brt project on the ground, the draft eir eis was released in november 2011. the project has already been mentioned, named the top performer for small start at the federal for the third year in a row by that ftfederal transit administration. there will also be a parallel decision at the mta board. we will be working with them to have that be the best course of the city. a total expected cost of $125 million. geary corridor has also made

progress. they are essentially hoping to present designs in spring 2012, the cost expected to be around $215 million. transbay transit center has made a lot a progress this year, $70 million demolition contract completed, 185 million contract excavation for the but his work. that is under way. above grade construction package is 90% complete. we are essentially all go on the first phase. the second phase, however, we have a shortfall. that will be the focus of commissioner wiener's initiative on high-speed rail for a unified product delivers the downtown extension of electrification and separation along the peninsula. the next slide talks about the

initiative that the chair moment -- mentioned a moment ago related to a fast start concept to high-speed rail. we are working with the mayor's office and involved agencies, including the high-speed rail authority, a ticket to a project that serves our needs and meets the requirements of getting to the transbay in our lifetime. central subway is also making tremendous progress. a grant of $57 million in prop k this year for tunnel construction. there is a $233 million tunnel construction project awarded already. the mta received a letter of the prejudice this year from the federal transit administration, a lawman the start of construction for the tunnel boring machines. this is a $1.6 billion project which is now under way. the report covers a number of other items related to fleet

renovation, radio replacement, and other key projects at muni, as well as a reminder that we are now providing over 900,000 trips to persons with disabilities who are unable to use regular muni service. prop k is providing about half of the total amount needed to provide that service, $9.7 million. there has been great progress in reducing fraud and trimming costs of operation through the implementation of a debit payment card. and the remaining pages look at items that are also paid out of the street and traffic safety transportation system management category of prop k, including street resurfacing, curb ramps, sidewalk repairs, street cleaning, pedestrian countdown signals, and a number of other small but important projects.

finally, in terms of national reporting, we have our annual independent audit, which yielded an unqualified audit report. no findings, no recommendations. i think this is the eighth year in a row. as a culmination of a good year, fitch ratings upgraded the authority's credit rating from aa to aa +. that is something to celebrate, will mean lower borrowing costs for us. it is coupled with the action that he took today to significantly lower the cost -- you took to date to submit a lower-cost of our interest rate in the paper so the program. i want to thank all of you for your leadership at the local and regional level and your partnership with us in making these accomplishments possible. i also want to thank the city departments and other agencies that are recipients of prop k,

as well as regional planning and funding agencies. i want to thank our staff, our greatest assets. i also want to have a word of thanks for our interns, who i call our greatest assets in the making, and our consultants. i would be happy to answer any questions. commissioner campos: commissioner kim? commissioner kim: i have a question on something i saw in the report. under the lifeline transportation program there is funding for the 108. curious as to what those enhancements are? >> these are enhancements to service. perhaps there is someone on staff at once to provide a more in-depth -- >> the funding from the lifeline was used to maintain the levels of service to the 108.