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<br />Funding Sources
<br />The Northstar project was authorized for $80 million in the Safe, Accountable,
<br />Flexible, Efficient Transportation Equity Act: A Legacy for Users (SAFETEA-
<br />LU) bill passed by Congress on July 29. The following table summarizes the
<br />sources of funding to date for the Northstar Project, including federal
<br />appropriations to date. The NCDA member counties have passed resolutions
<br />committing their full share of the Northstar Project. Their commitment to date
<br />totals approximately $44 million or $26 million in addition to that shown below.
<br />
<br />Northstar Proiect Fundin! Sources to Date
<br />Source Federal State Met Council NCDA
<br />1998 Twin Cities Transitway Projects $ 350,000 $ 287,56<:
<br />Section 5309 (Grant MN-03-0056)
<br />1999 STP Grant Section 5307 (MN-90 $ 3,999,981 $ 1,000,000
<br />X110)
<br />1999 STP Grant Section 5307 (MN-90 $ 2,000,000 $ 500,000
<br />X138)
<br />2000 CMAQ Grant Section 5307 $ 960,000 $ 69,885 $ 170,115
<br />(Amendment to MN-90-X138)
<br />2000 & 2001 Twin Cities Transitway $ 4,346,669 $ 1,086,667
<br />Projects Section 5309 (MN-03-0088)
<br />2002 New Starts Section 5309 (MN- $ 9,900,131 $ 2,475,033
<br />03-0111 )
<br />NCDA -- Advanced & Final Desion $ 10,000,000
<br />NCDA (Hennepin County) -- LRV $ 6,300,00C
<br />Procurement
<br />2003 New Starts Section 5309 (no $ 4,917,912
<br />grant yet)
<br />2004 New Starts Section 5309 (no $ 5,659,028
<br />grant yet)
<br />2005 New Starts Section 5309 (no $ 4,960,000
<br />grant yet) .
<br />2005 Minnesota Bonding $ 37,500,000
<br />Total $ 37,093,721, $ 39,069,885, $ 2,475,033, $ 17,844,344
<br />
<br />The NCDA member counties have passed resolutions committing their full share of the Northstar project. Their
<br />commitment to date totals approximately $44 million or about $26 million more than the $17.8 million shown above.
<br />
<br />Project Obligations
<br />The following table lists the contracts and obligations that have been incurred
<br />by the Northstar project, including the amount expended to date. All funds
<br />expended to date have been for professional services.
<br />
<br />Monthly Report
<br />August 18, 2005
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<br />-5-
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<br />Northstar Corridor Rail Project
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