SMCTA Board of Directors

1

Call to Order

10

Report of the Executive Director Informational 10. 11 Program 10.a.

10.a

Accept US 101 Express Lanes Semi-annual Update on Variable Rate Bonds and Express Lanes Performance Adela Alicic, Manager, Treasury, provided the presentation that included Series A and Series B fluctuations, principal payment reductions, and rate cuts. Item #5.a. 4/2/2026 6 Kim

10.b

Peninsula Shuttle Program Optimization and Funding Strategy - Update Sue-Ellen Atkinson, Manager, Planning and Fund Management, and Patrick Gilster, Director, Planning and Fund Management, provided the presentation that included the following:  Working group and stakeholder

10.c

Project Updates: US 101 Managed Lanes North of Interstate 380 and US 101/State Route 92 Direct Connector Jessica Manzi, Director, Project Delivery, and Carolyn Mamoraldo, Senior Program Manager, provided the presentation that included the following:  California Department of

11

Finance

11.a

San Mateo County 101 Express Lanes Initial Performance Study Informational 2 April 2, 2026 11.

12

Legislative Matters 11.a.

12.a

Legislative Update Informational 11.b.

12.b

Connect Bay Area Local Investment Plan Update Informational 12.

13

Requests from the Authority 13.

14

Written Communications to the Authority 14.

15

Date / Time of Next Regular Meeting: Thursday, May 7, 2026 at 5:00 pm The meeting will be accessible via Zoom teleconference and/or in person at the San Mateo County Transit District, Bacciocco Auditorium, 2nd Floor, 1250 San Carlos Avenue, San Carlos, CA. Please see the meeting

16

Report of Legal Counsel 16.

17

Adjournment 3 April 2, 2026 Information for the Public If you have questions on the agenda, please contact the Authority Secretary at 650-551-6108. Agendas are posted on the TA website at https://www.smcta.com/whats-happening/board-directors-calendar. Communications to the Board

2

Roll Call / Pledge of Allegiance

20

Members have introduced slightly fewer new bills than last year due to the 35-bill introduction cap for the two-year legislative session. On average, members introduced about 20 bills last year, making this year’s bill load somewhat smaller, with an average of about 15 bills per

3

Request to Change Order of Business 3.

30

Although the analysis year for this study spans from January to December, Caltrans AADT was used because it provides a reliable and standardized measure of average daily traffic over a full year. The slight offset in reporting periods is not expected to significantly affect our

31

The skinny budget provides a broad outline of the administration’s spending priorities but offers little details about what programs could be cut, boosted or changed as part of the administration's full request. It is unclear what level of details will be included in this

4

Public Comment for Items Not on the Agenda Public comment by each individual speaker shall be limited two (2) minutes. Items raised that require a response will be deferred for staff reply. 4.

5

Report of the Community Advisory Committee 5.

5.a

Approval of Minutes of the Board of Directors Meeting of February 5,

5.b

Accept Capital Projects Quarterly Status Report for Fiscal Year 2026 Quarter

5.c

Accept Quarterly Reports for On-Call Contracts for Fiscal Year 2026 Quarter

5.d

Authorizing Submittal of an Allocation Request for $48,000,000 in Regional Measure 3 Funding for State Route 84/US 101 Interchange Reimagined Project – Approved by Resolution No. 2026-07

5.e

Adopting the 101 Corridor Connect: US 101 San Mateo County Crossings Improvement Implementation Plan (Active 101) – Approved by Resolution No. 2026-08

5.f

Adopting the South County Multimodal Strategy and Allocating $5,600,000 in New Measure A Interest Income Funds for Implementation of 101 Corridor Connect Programs and the Highway 1 Coastal Connect Plan – Approved by Resolution No. 2026-09 Item #5.a. 4/2/2026 5 The Board

6

Consent Calendar Members of the Board may request that an item under the Consent Calendar be considered separately 5.a.

6.a

Approval of Minutes of the Board of Directors Meeting of March 5, 2026 Motion 6.

7

Report of the Chair 7.

8

San Mateo County Transit District Liaison Report Informational 8.

9

Peninsula Corridor Joint Powers Board Liaison Report Informational 9.