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73 FULL CLOSURE
Northbound and Southbound 73 Toll Road Between 133/Laguna Canyon Road and Newport Coast Drive Nighttime Full Closure Tuesday, Dec. 5, 10 p.m. to 4 a.m. Wednesday, Dec. 6.
Southern California Edison (SCE) will be conducting work along the 73 Toll Road requiring a nighttime full closure of both northbound and southbound roadways. The work is required to remove and relocate power lines near the Catalina View Toll Point. Detours will be in place to assist drivers.
Click here to learn more about the closure.
Transportation Corridor Agencies June Board Meeting Highlights
Highlights from the June 10 Joint San Joaquin Hills and Foothill/Eastern Transportation Corridor Agencies Board Meeting are provided below.
IRVINE, Calif. - June 10, 2021
Boards Authorize New Fiscal Year 2022 Budget
The Boards approved a collective budget of $280 million for the Fiscal Year (FY) 2022 that focuses on continued operations, key capital improvement projects and financial stability. This approval came after a series of budget workshops where Directors provided constructive feedback leading to the final version of the budget adopted by the Boards. This concludes a thorough process, which was initiated months earlier, with Board committees providing input throughout a 3-month development process. F/ETCA Chair Peggy Huang thanked staff for their diligent work on the budget and specifically noted how these funds will advance regionally important projects like the 241/91 Express Connector.
The two approved FY22 budgets – $139.2 million for the San Joaquin Hills Transportation Corridor Agency and $141.3 million for the Foothill/Eastern Transportation Corridor Agency – allow the Agencies to continue to meet important financial obligations while advancing priority projects that assist with providing a safe, sustainable and accountable service to motorists across southern California. The adopted budgets reflect reduced operating costs as a percentage of revenue and a continued focus on strong fiscal management with the vast majority of the costs being debt service payments.
Boards Adopt Innovative Capital Improvement Plan
The Boards also approved the Agencies FY22 capital improvement plan (CIP). The FY22 CIP defines the status, costs, and schedules for proposed improvement projects on The Toll Roads. Staff explained the short and long-term impact of the plan, which focuses on current, planned, and conceptual capital projects.
This strategy will help conclude construction on substantially completed projects such as the Oso Parkway Bridge and advance projects like the 241/91 Express Connector and NB SR 241 Channelizers. The CIP also identifies future projects, such as the SR 241 Loma Segment Improvements and the SR 73 Catalina View Improvements, which are high-priority investments for the system. The annual update to the Agencies CIP ensures the Agencies continually evaluate its system to ensure The Toll Roads continue to provide free-flow traffic conditions throughout its system. As the transportation landscape continues to evolve throughout southern California, the Agencies remain ready to support mobility and retain the quality of life enjoyed in South Orange County.