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JAN, 12 '04 11:25 T0-7636351090FROH-RICHARDSON, RICHTER& ASSOCIATES T-385 P,03/04 F-875 <br /> <br /> NCDA <br /> Resolution 2004-01- <br />Approving Phase One of NorthStar <br />Commuter Rail Development <br /> <br /> WHEREAS, the Northstar Corddor Development Authority (NCDA) was formed <br />· in May of 1997 by joint' powers agreement, among the 30 counties, county regional <br />railroad authorities, cities and towns along the. Northstar Corridor from Minneapolis to <br />the City of. Rice; and <br /> <br /> WHEREAS, the Minnesota Department of Transportation has identified the Trunk <br />Highway 10 (TH10) corddor as one of the most congested corridors in the state of <br />Minnesota; and <br /> <br /> WHEREAS, the sole purpoee of the NCDA is to address the transportation needs <br />of the TH10/Northstar Corridor; and <br /> <br /> WHEREAS, in .December, 1999, the NCDA selected commuter .rail serving the <br />corridor from Minneapolis. to Rice as the centerpiece of its locally preferred <br />transportation investment strategy; and <br /> <br /> WHEREAS, the NCDA, In conjunction with the Minnesota Department of <br />Transportation, has completed preliminary engineering and the environmental review of <br />the proposed project; and ' <br /> <br /> WHEREAS, the NCDA and the State of Minnesota are seeking federal.. New <br />8,tarts funding for 50% of' the capital costs of the project; and <br /> <br /> WHEREAS, asa New Starts project, the 'Northstar Commuter Rail Project must <br />meet Federal Transit Administration (FTA). guidelines and regulations. In. order to qualify <br />for federal funding; and <br /> <br /> WHEREAS, the FTA's Reportina.lnstructions for the .~,ectiort 6309 New Stqrt,c <br />_Criteria, June 2.003, has a new measure of cost-effectiveness that evaluates travel time <br />savings for all transit dders; and <br /> <br /> WHEREAS, the segment of the Northstar Corridor between Big Lake and <br />Minneapolis meets the new cost-effectiveness threshold established by the FTA: <br /> <br /> NOW, THEREFORE BE IT Reeolved that the Northstar Corridor Development <br />Authority: <br /> <br />1) <br /> <br />Approves the .Phase One Project definition that includes the portion of the <br />corridor between Big Lake and Minneapolis, with stations at Big Lake, Ell( <br />River, Anoka, Riverdale, Fridley and Downtown Minneapolis; and <br /> <br /> <br />