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T <br />facility in the median of 1 -40. This facility will provide carpoolers, vanpoolers, and bus riders a <br />time advantage over the single occupant automobile. Traffic volumes on 1 -40 are expected to <br />reach near- capacity levels by the mid nineties, necessitating provision of additional capacity. A <br />successful HOV facility can significantly increase highway capacity thereby reducing future. <br />highway construction expenditures. <br />5. Regional Planning. The TTA will become an active participant in land use planning and will <br />identify future transportation corridors which can support efficient transit services, whether <br />rubber -tired or steel - wheeled. In order to ease demand for public infrastructure investment, <br />the TTA will work with local governments the business and development community, and <br />community leaders to concentrate development in these corridors, in order to ease demand for <br />public infrastructure investment. <br />The TTA will work with NCDOT and the metropolitan planning organizations to plan the <br />proper combination of highway and transit capacity to meet the mobility needs of this dynamic <br />region. This will be accomplished through the development of a regional transportation model <br />which will enable planners to analyze the effects of alternative combinations of highway and <br />transit improvements, given the various possibilities for land use changes. <br />The implementation of regional service that would achieve the goals for service and mobility will <br />require a public contribution of an estimated $3,000,000 per year. This figure represents the costs of <br />a starter service of about 600,000 operating miles annually. The TTA will aggressively seek federal <br />funds in addition to local resources. The attached table outlines total budgeted costs. <br />III. The Future of Regional Transportation <br />The future regional transit authority will provide a full array of bus transit and ridesharing services, <br />including some HOV facilities and a network of park and ride lots. The public will be well acquainted <br />with the service through a comprehensive marketing program and consistent use of logo, color, and <br />the media. Assumption by the authority of bus systems in Durham, Chapel Hill and Raleigh may be <br />considered. Upon agreement of both parties, the authority could coordinate local and regional bus <br />service in one or more of these communities. <br />Given several years of regional planning, feasible fixed guideway corridors are proposed. A regional <br />fixed guideway network, supported by land use planning and local government decisions will focus <br />development near proposed stations. Development would be attracted to the new fixed guideway <br />system but lower density suburban development may still occur for those who choose it. <br />