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<br />. <br /> <br />. <br /> <br />. <br /> <br />Northstar Corridor Capital Funding <br /> <br />Key Dates <br /> <br />1) <br /> <br />Local Funding: <br />A. Request: Fall 1999 <br />B. Commitment - 1999 (Joint Powers Agreement) <br />C. Funds Available - Bonds sold 2001 <br />Note: Property Tax levy 2000, payable 2001. <br /> <br />2) <br /> <br />State Funding: <br />A. Request - Fall 1999 <br /> <br />B. Commitment - 2000 Legislative Session (authorize bonds for <br />Biennium 7/2000 - 6/2002) <br /> <br />C. Funds Available - Bonds sold in 2001 <br /> <br />3) Federal Funding: <br />A. Request - Summer 2000 <br /> <br />Note: Data due to FTA for 3J Report (recommendation for funding). <br />3J Report published in February 2001 , with recommendation for <br />fiscal year 2002 funding. <br /> <br />B. Commitment - Fall 2001 (Full Funding Grant Agreement) <br /> <br />C. Funds Available - After October 1,2001 <br /> <br />Note: T21 ends 2003 <br /> <br />Assumptions: <br />1) Construction: three construction se"asons needed according to BNSF <br /> <br />2) Operations: Commence - end of 2003 <br /> <br />3) State and local commitment of funding necessary before federal, <br />commitment will be made. <br />