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7.4. SR 11-21-2005
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7.4. SR 11-21-2005
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1/21/2008 8:35:37 AM
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<br /> Northstar Project Budget <br />No. CateQory Amount (YOE $) <br />10 Guideway & Track Elements $44,643,700 <br />20 Stations, Stops, Terminals, Intermodal $15,135,200 <br />30 Support Facilities: Yards, Shops, Admin. Bldgs $23,082,800 <br />40 Sitework & Special Conditions $15,830,200 <br />50 Systems $41,754,300 <br /> Construction Subtotal (Categories 10-50) $140,446,300 <br />60 ROW, Land, Existing Improvements $8,417,800 <br />70 Vehicles $71,082,200 <br />80 Professional Services $35,410,300 <br />90 Unallocated Contingency $8,480,500 <br /> Subtotal (Categories 10-90) $263,837,200 <br />100 Finance CharQes $1,258,100 <br />C=ITotal Project Cost I $265,095,2001 <br /> <br />The capital cost estimate and budget were revised in late August when unit <br />prices, formerly from year 2001, were updated to year 2005. This, combined <br />with other changes to the project and methods of allocating items to standard <br />cost categories, resulted in a slightly different cost estimate. A new cost <br />estimate for all elements except BNSF track and signals will be available in late <br />November at the conclusion of 60% design work. <br /> <br />Funding Sources <br /> <br />The Northstar Project has received funding or funding commitments from the <br />FT A, State of Minnesota, Metropolitan Council, and the NCDA. The NCDA <br />member counties have passed resolutions committing their full share of the <br />Northstar Project. Their commitment to date totals approximately $44 million or <br />$26 million in addition to that shown below. The following table summarizes the <br />sources of funding to date for the Northstar Project, including federal <br />appropriations to date: <br /> <br />Monthly Report <br />October 2005 <br /> <br />-5- <br /> <br />Northstar Corridor Rail Project <br />
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