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8.1. SR 05-03-2021
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8.1. SR 05-03-2021
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<br />WHY MORE PASSENGER TRAINS FOR MINNESOTA? <br />THREE GREAT REASONS! <br />One: G enerates economic growth <br /> For every dollar invested in passenger rail, three dollars are generated within the <br />communities served <br />nd <br /> The proposed 2 Train frequency between the Twin Cities and Chicago alone would <br />generate economic returns eight to ten times for spending on the service (total <br />economic benefit of $25M, cost $2-3M, estimated)* <br />Two: Passenger trains reduce highway congestion and costs <br />nd <br /> The 2 train would take an estimated 90,000 riders out of cars, which:* <br />o Reduces highway trips by 15M car miles in this corridor <br />o Reduces $32M in highway maintenance costs <br /> Trains are 17 times safer than cars; the region will save $1.8M from traffic accidents <br />avoided* <br />Three: Passenger trains offer greater mobility <br />nd <br /> The 2 Train will drive an additional fourteen thousand trips each year, called induced <br />demand, i.e. trips that otherwise would not be taken* <br /> Induced demand travel will inject $2.9M of new revenue into economy each <br />year through mainly new visitor spending* <br /> Trains connect urban to outstate communities, and offer options for those who or <br />prefer not to drive or fly, such as college students, families with children, elderly, etc. <br />For more information or to contact us, visit: AllaboardMN.org <br />nd <br />Note 2 Train is one example of how additional rail passenger service could benefit economy and <br />mobility. More service, like Twin Cities to Duluth, could offer even more economic benefits. <br />* Source Impacts from a Second Train to Minnesota. View this full paper on: AllAboardMN.org <br />
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