7.3. SR 08-15-2005 - Laserfiche WebLink

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Northstar Pro"ect Milestones Date Activit March 2000 Major Investment Study completed-Commuter rail recommended FT A a roved ent into Prelimina En ineerin Draft Environmental 1m act Statement DEIS ublished Su lementallnformation to the DEIS ublished Final Environmental 1m act Statement ublished FT A issued Record of Decision Minnesota Legislature commits $37,5 million in bonding for Northstar Se tember 2005 FT A a roves ent into Final Desi n May 2006 Minnesota Legislature commits remaining state funding for Northstar FT A issues Letter of No Pre'udice enablin utilit relocation FT A enters into Full Fundin Grant A reement for Northstar Construction be ins Revenue service be ins June 2000 October 2000 Janua 2001 March 2002 December 2002 April 2005 Jul 2006 October 2006 S rin 2007 Earl 2009 III. Project Finances Project Budget The following table lists the existing Northstar Project budget by FT A Standard Cost Category. Northstar Proiect BudQet No. CateQorv Amount (YOE $) 10 Guideway & Track Elements $67,871,900 20 Stations, Stops, Terminals, Intermodal $20,665,500 30 Support Facilities: Yards, Shops, Admin. Bldgs $21,829,500 40 Sitework & Special Conditions $17,539,000 50 Systems $7,568,700 Construction Subtotal (Categories 10-50) $135,474,600 60 ROW, Land, Existing Improvements $8,497,100 70 Vehicles $76,604,300 80 Professional Services $35,410,300 90 Unallocated Contingency $7,985,100 Subtotal (Categories 10-90) $263,971,400 100 Finance Charqes $1,258,100 c=!Total Project Cost Funding Sources $265,229,5001 The following table summarizes the sources of funding to date for the Northstar Project. The NCDA member counties have passed resolutions Monthly Report July 18, 2005 -4- Northstar Corridor Rail Project