California Department of Transportation
Headquarters - Sacramento
January 13, 2009
STATE'S FIRST PROPOSITION 1B FUNDED PROJECT IS COMPLETED
The $66 million project was launched just over a year ago by Governor
SAN DIEGO – The California Department of Transportation (Caltrans) announced today that, 15 months after breaking ground on the state’s first Proposition 1B project, work is now complete on the $66 million Interstate 5/Lomas Santa Fe Interchange and Carpool Lane Project.
“Today’s milestone represents the type of action California voters asked for when they passed Proposition 1B – and it’s a great example of how we in Sacramento can make decisions to invest in California’s communities while creating jobs and ensuring citizens have the high quality of life they deserve,” said Governor Arnold Schwarzenegger. “The completion of this project underscores the immediate need for the state Legislature to act on a budget solution – so that California can continue to invest in infrastructure and reap the job benefits that come with it.”
Proposition 1B is the $19.9 billion transportation bond championed by the Governor and approved by legislators and voters in 2006. Since the passage of Proposition 1B, more than $5 billion has been put to work to improve California's transportation infrastructure. A conservative estimate is that 18,000 jobs are supported for each $1 billion invested in transportation.
“This project represents exactly the kind of partnership and financial leveraging envisioned when the Governor laid out his Strategic Growth Plan,” said Caltrans Director Will Kempton. “Unfortunately, the budget situation in Sacramento threatens to derail progress on other Proposition 1B projects that could otherwise provide sorely needed jobs and stimulate California’s fragile economy.“
Construction crews reconfigured the Lomas Santa Fe interchange and extended the High Occupancy Vehicle (HOV) lanes two miles in each direction on Interstate 5 (I-5) from Via De La Valle north to Manchester Avenue. This project is part of a larger plan to construct 12 miles of HOV lanes from Mira Mesa Boulevard on I-805 north to Manchester Avenue on I-5.
Proposition 1B funds contributed $24.5 million to the $66 million Interstate 5/Lomas Santa Fe Interchange Improvements. The I-5 corridor serves nearly one million residents and provides access to more than 30 percent of the 1.1 million jobs in this region of Southern California.