Reid Simons, director of government and public affairs for the N.C. Turnpike Authority, provides an update on the Garden Parkway and Monroe Connector at the Charlotte Chamber 2011 Transportation Summit.

1. NC Toll Roads Update Monroe and Garden Parkway Charlotte Transportation Summit April 8, 2011 Reid Simons, Director of Community Relations, NCDOT/NCTA

2. Charlotte Area Network Garden Parkway Monroe Bypass

4. Monroe Milestones/Schedule Record of Decision August 2010 Selected Design-Build contractor (United Infrastructure Group, Boggs Paving, Anderson Columbia Co. and RK&K) October 2010 Obtained Investment bond ratings and Sold Appropriation Bonds “AA” October 2010 Received 401 Permit – NC DENR Water Quality December 2010 Obtain 404 Permit – U.S. Army Corps of Engineers Spring 2011 Price, Sell Toll Revenue bonds and close financing Fall 2011 Award construction contract Fall 2011 Begin construction End of 2011 Open to Traffic 2015

5. Monroe Toll Collection Configuration

6. Monroe Estimated 2015 Toll Sensitivity Curve

7. Electronic Toll Rate Comparison Triangle Expressway $0.153 Monroe Connector/ Bypass $0.130

8. Monroe Time and Cost Savings Traffic Signal 26 signals on US 74 between Marshville and I-485 Matthews Monroe Marshville Via Monroe Pkwy 23.6 24 $2.58 26 $4.18 Route Distance Time Toll Time Toll 2030 2015 Marshville to Matthews Via US 74 24.2 41 49 Savings via Monroe Cnctr/ Bypass 0.6 (17) $2.58 (23) $4.18 Via Monroe Pkwy 17.7 21 $1.67 23 $2.70 Route Distance Time Toll Time Toll 2030 2015 Monroe to Matthews Via US 74 15.1 29 35 Savings via Monroe Cnctr/ Bypass (2.6) (8) $1.67 (12) $2.70

9. Garden Parkway

10. Garden Parkway Project Area

12. Garden Parkway Milestones/Schedule Final Environmental Impact Statement Completed Record of Decision 2 nd Qtr 2011 Final Investment Grade Traffic and Revenue Study 2 nd Qtr 2011 Financial Planning 2011 Advertise and Award construction contracts TBD Begin construction Late TBD Open to traffic 2015

17. Questions?