Orange County NC Website
3 <br /> • Expected reduction in traffic on 1-40 year-by-year LRT versus BRT <br /> • Life cycle energy use impact of LRT <br /> Macro assumptions <br /> • Projected price of gasoline in travel demand models <br /> • Projected median income in 17 miles corridor year-by-year <br /> • Projected interest rates by maturity in financial planning <br /> • Copy of application to Fitch for the credit assessment process in advance of a formal <br /> credit rating pertaining to DO-LRT funding. <br /> • Projected population growth in 17 miles corridor year-by-year <br /> • Projected employment growth in 17 miles corridor year-by-year <br /> • Projected inflation during building of LRT— details of inflation cost adjustment of budget <br /> • Year-by-year projections of sales tax income —with detailed assumptions about sales <br /> tax calculations — including population growth for Durham and Orange counties. <br /> Financial <br /> • Year-by-year cost of building LRT (not current $ but actual dollars - including inflation) <br /> • Year-by-year cost of building BRT (not current $ but actual dollars - including inflation) <br /> • Financial budget year-by-year LRT with clear statement of assumptions/projections <br /> • Financial budget year-by-year BRT with clear statement of assumptions/projections, <br /> • Year-by-year sources of funding during construction - assumptions clearly stated. <br /> Details of the financial plan — amount and anticipated borrowing, Federal, state and <br /> local funding. <br /> Travel prediction models <br /> A study equivalent to the Light Rail reported in Appendix K2 of the DEIS for a Bus Rapid <br /> Transit (BRT) alternative — as opposed to the `no-build' alternative which is described in the <br /> appendix. The BRT should be calibrated with the same inputs as LRT. Peak and off-peak <br /> assumptions about frequency and capacity of BRT should be comparable to existing BRT <br /> systems already in operation. Assumptions made about BRT versus LRT should be clearly <br /> stated. In addition: <br /> • cost of building BRT along 17 miles corridor <br /> • number of years required to build BRT <br /> • Federal and local funding sources for BRT <br /> Station-by-station information of the following: <br /> • Zero-vehicle households within walk access of station <br /> • Assumptions about propensity to use LRT by demographic and income group and <br /> comparison of these assumptions to experience in other cities with LRT <br /> • Low-income households within walk access of station, current and projected <br /> • Morning peak boardings and deboardings <br /> • Evening peak boardings and deboardings <br /> • Assumptions made about population growth <br /> • Distribution of residential units, by type (e.g. single family) and price, current and <br /> projected <br /> Ridership <br /> • capacity utilization of LRT average during peak and off-peak <br />