Transportation Corridor Agencies Look at ‘The Road We Traveled’ in Year in Review Report
IRVINE, Calif. - July 06, 2021
The Transportation Corridor Agencies (TCA) are pleased to announce the publication of a Year in Review that offers a comprehensive look at a year unlike any other. The report was published today at TheTollRoads.com.
“We faced many challenges during the pandemic, but at the direction of our Boards of Directors, our staff turned those challenges into opportunities for innovation and growth,” said Samuel Johnson, TCA’s CEO. “I’m proud to share this report with our community.”
The online report focuses on highlights of the year, including:
- Oso Parkway Bridge Grand Opening: TCA fully funded the $40 million, multiagency project that improves connectivity and mobility in the region without the use of taxpayer dollars.
- COVID relief efforts: When the pandemic hit, TCA shifted its focus from the roads to the people who drive them.
- Foothill/Eastern Transportation Corridor Agency Bond Refunding: In an innovative transaction heralded by the industry as a model for other agencies, the Foothill/Eastern Transportation Corridor Agency (F/ETCA) completed a bond refunding that saved the Agency $210 million net of all transaction costs without extending maturity dates.
- Conservation Grazing Pilot Program at Live Oak Plaza: The latest accomplishment in TCA’s award-winning environmental program is a pilot program in which cattle graze the land at this site, which was formerly designated for gas station development.
“This report is a testament to the hard work and dedication of our staff. I’m proud of how everyone from my fellow Board Members to customer service staff to engineers in the field to our finance and communications teams rolled up their sleeves this year,” said Trish Kelley, Chair of the San Joaquin Hills Transportation Corridor Agency (SJHTCA) and Mission Viejo Mayor.
“The theme of the letter that Chair Kelley and I wrote to kick off the Year in Review is ‘The Road We Traveled.’ When I look back at all that was accomplished, I feel proud to be part of a fiscally responsible agency that puts customers first,” said F/ETCA Chair and Yorba Linda Mayor Peggy Huang. “The information is detailed in beautifully illustrated pages that highlight how our roads, environmental sites and staff enhance Orange County.”
The Transportation Corridor Agencies (TCA) are two joint powers authorities formed by the California Legislature in 1986 to plan, finance, construct and operate Orange County’s public toll road system comprised of the 73, 133, 241 and 261 Toll Roads.