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meeting Details

Metropolitan Transportation Commission Workshop

Thursday, April 25, 2024 - 9 a.m.

Agenda Items

Day 2 of the Metropolitan Transportation Commission and Bay Area Toll Authority
Workshop is scheduled to be held on Thursday, April 25, 2024 at 9:00 a.m. at the
Westin Hotel, 302 South Market Street, San Jose, CA 95113.

Meeting attendees may opt to attend in person for public comment and observation. In-person
attendees must adhere to posted public health protocols while in the building. A recording of
the workshop will be made available at https://mtc.ca.gov/meetings-events.

Members of the public may submit comments by email at info@bayareametro.gov by 5:00 p.m.
the day before the scheduled meeting date. Please include the committee or board meeting
name in the subject line. Due to the current circumstances there may be limited opportunity to
address comments during the meeting.
All comments received will be submitted into the record.
The Chair may adjust the order and timing of all agenda items.

Commission Roster:
Alfredo Pedroza (Chair), Nick Josefowitz (Vice Chair),
Margaret Abe-Koga, Eddie Ahn, David Canepa, Cindy Chavez, Carol Dutra-Vernaci,
Dina El-Tawansy*, Victoria Fleming, Dorene M. Giacopini*, Federal D. Glover,
Matt Mahan, Nate Miley, Stephanie Moulton-Peters, Sue Noack, Gina Papan,
David Rabbitt, Hillary Ronen, Libby Schaaf*, James P. Spering, Sheng Thao
*Non-Voting Members

Agenda item1.

Welcome to Day 2 (Chair Pedroza)

Agenda item2.

PBA2050+ Update and Related SB 1031 Policy Decisions (9:10 a.m. - 11:00 a.m.)

Agenda item2a.

Staff will provide an update on Plan Bay Area 2050+, including key issues and tradeoffs related to fiscally constraining the plan’s transportation element and achieving the plan’s statutorily required greenhouse gas (GHG) emissions reduction target.

The Commission will discuss the interplay between PBA 2050+ and the proposed regional transportation measure (SB 1031) funding levels, expenditure framework and project eligibility.

Agenda item3.

Lunch and San Jose Walking Tour (11:00 a.m. - 12:30 p.m.)

Agenda item4.

Bay Area Toll Authority (BATA): Stewardship and Investments (12:30 p.m. - 2:00 p.m.)

Agenda item4a.

Staff will provide an overview of the BATA toll bridge program and toll revenue portfolio, including investor communication, capital structure, debt issuance considerations, asset management and rehabilitation program funding needs.

Commissioners will have an opportunity to take a deeper dive into investment and policy decisions for BATA, and better understand the outlook in terms of needs and revenues to keep the bridges in a state of good repair.

Agenda item5.

Public Comment / Other Business

Agenda item6.

Adjournment / Next Meeting:

The next meetings of the Metropolitan Transportation Commission, Bay Area Housing Finance Authority (BAHFA), Bay Area Toll Authority (BATA), Bay Area Infrastructure Finance Authority (BAIFA), and Bay Area Headquarters Authority are scheduled to be held on Wednesday, May 22, 2024. Any changes to the schedule will be duly noticed to the public.