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That would, allow for a veriable toll for the toll to go up and down, as congestion vary and to reduce the toll for the bay bridge toll payers who are already paying a 5 fee from the east bay. This is how it will look like, in terms of toll structure one and where the toll will go up and down with the peak period of travel at five dollars, and the toll and scenario two will allow for the tolling throughout the midday, where we are seeing and expecting in the future, especially more midday congestion and the toll free will vary with congestion level and float up and down as measured by our monitoring. And on a high level, this summary of the findings to date is that the program is effective and tolls during these congested periods and do manage the demands and do shift the users over to the transit and the car pools, and the toll that varies here with congestion, does support the Traveler Choice and it allows us to pay for the mun ....
Cheng, i am pleased to offer a update for Treasure Island in coordination for the request of 150,000 of prop k funds to support the conceptual design and the next stage system manager and engineering for the over all toll program and you should have the slides and hand outs in front of you and if could get them, great, thank you. That might not be quite the right. That is. Sorry this is the slide that presents the appropriation for 150,000. And if i dont, if you dont mind pulling up the Treasure Island, Mobility Program update . And so we recall and earlier this year we were he designated to bring this in for the authority as part of the program, and here, sorry, could i get. As part of the program, the Transportation Authority is developing the mobili ....
Had funds primarily for the replacement vehicles and that is just because the replacement needs are so enormous that has to be our top priority. And you may also ask why this item was not included in part of the approval that came before you last month and mta was reviewing the bids while we are putting this together and mta working on the other aspects of this and were not ready to share the details of the funding and financing strategy for this and as it is not uncommon and we have a large contract, and we approach to the contract, once it has been awarded which it has, is to issue a series of notice, to proceed, and basically allow the contractor to incur the expenses up to that amount of money, and with the amount of the notice to proceed, they are driven in part by the money that the mta has in hand or that is well committed that is able to issue those. And what you will see today, the reason that we are front loading, the allocation action, for the prop k, so significantly, is it ....
Concern, and so i would be concerned because as you probably are aware, there are a number of low income residents, who are on Treasure Island, and yes, many of them use the Public Transportation system, but, there are some who sometimes use the vehicles, and so, i would be really concerned about some level of congestion pricing on Treasure Island and i am not sure if i would be supportive of that effort. Understood, and we are certainly in touch with the island residents, and one of the things that we are going to be doing is bringing forward a discount policy for the board to consider as we did previously when we looked at congestion pricing for downtown, and we thought that it was important to capture that issue and to bring forward the recommendations around how this could be handled but the discount and exe ....
But are going to propose it. Well, the city identified this as the policy framework for the island development, and to support the over all Development Goals of the island and, that is something that the city by city policy and it is in the Development Agreement that we should do some form of demand management to compliment and to help to pay for the transit that we need. And i guess that the concern is someone who used to live there, who used to work there, and it is very difficult to get a transportation on and off the island. True. And i just, feel a little bit uncomfortable, requiring some sort of congestion fees, related to any purpose for a place that does not have a i think a great Transportation System and although better than it has been, and so you just have the bus system and there is a lot of ....