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<br />~ <br /> <br />NORTHST AR CORRIDOR DEVELOPMENT AUTHORITY <br />Resolution 2005-01 <br /> <br />Phase II of the Northstar Commuter Rail Project <br /> <br />WHEREAS, the Northstar Corridor 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 Corr".. from Minneapolis to <br />the City of Rice; and <br /> <br />1. The NCDA a at Bent. County will not contribute to the capital <br />c hase roject, until such time as Phase II of the <br />. rove <br />irms co mitment to Phase II will service the St. Cloud <br />tatio 1. Cloud and a station in the City of Rice; <br />! y e blishes a Phase II Committee charged with the <br />moting the extension of Northstar Commuter Rail from Big <br />isting of the following members: <br />y <br />nty Regional Railroad Authority <br />St. Clo MTC <br />City of St. Cloud <br />Sherburne County <br />Sherburne County Regional Railroad Authority <br />Other interested members of the NCDA <br />4. Until such time as Phase II of the Project proceeds, the allocation of capital <br />costs for Phase I of the Northstar Project shall be as follows: <br />Anoka County Regional Railroad Authority - 68.3% <br />Sherburne County Regional Railroad Authority - 16.1 % <br /> <br /> <br />r Project include the <br />on Counties; and <br /> <br />WHEREAS, the capital funding partners for t <br />regional railroad authorities of Hennepin, Anoka, She b <br /> <br />WHEREAS, on January 8, 2004, the <br />approved Phase 1 of the Northstar Commut <br />Corridor between Big Lake and Minneapolis an <br />project including service to the St. Cloud area; an <br /> <br />2004-01 that <br />n of the <br />o the entire <br /> <br />WHEREAS, the 2005 Minne <br />for Phase 1 and stipulated that region <br />fund a portion of the Phase 1 capital c <br />equal to the amount they would have <br />entire line. <br /> <br />d $37.5 Million in bonding <br />he NCDA who did not <br />mount for the extension <br />proportional share of the <br />