Orange County NC Website
18 <br /> FY 2020 FFGA Funding Begins <br /> Early 2020 Project Construction Bidding Begins(project will be bid in phases) <br /> Mid to Late 2020 TIFIA Funding Approved <br /> 2020 Construction Begins <br /> 2028 Construction Complete <br /> FY2029 Operations Commence <br /> New Starts Financial Plan —What's Included/Excluded <br /> • GoTriangle has included the following services and projects in the New Starts Financial <br /> Plan: <br /> o GoTriangle's existing and expansion bus services and capital investments <br /> o Local share if transit providers' expansion bus services and capital investments: <br /> ➢ GoTriangle <br /> ➢ GoDurham <br /> ➢ Durham County <br /> ➢ Chapel Hill Transit <br /> ➢ Orange Public Transportation <br /> o North-South Corridor Bus Rapid Transit (N-S BRT) Project, managed by Chapel <br /> Hill Transit (partial funding) <br /> o D-O LRT Project, managed by GoTriangle <br /> o The implementation period began in 2014 and is expected to conclude in 2028 <br /> with construction beginning in 2020 <br /> ➢ Hillsborough Train Station <br /> ➢ GoTriangle has not included the following services and projects in the <br /> New Starts Financial Plan: <br /> ➢ GoTriangle's existing, non-Tax District revenues and expenditures <br /> ➢ Other transit providers' existing services <br /> ➢ Revenues received by other transit providers <br /> ➢ Durham-Wake Commuter Rail Transit (D-W CRT) Project <br /> ➢ Wake County Transit Plan revenues and expenditures <br /> ➢ Full funding of North-South Corridor Bus Rapid Transit (N-S BRT) <br /> Project <br /> Note: While GoTriangle and the local transit providers' existing bus services are not included in <br /> the County Transit Plans, these services are not anticipated to be impacted moving forward <br /> and are not funded through Transit District Revenues. <br /> Commissioner McKee referred to the last item on the list of things that are not included, <br /> and said he remembered that item to be $125 million. He asked if Ted Cole could explain <br /> what would be gained from $6.1 million. He said there is a large disparity between the two. <br /> Commissioner Jacobs said there is federal money that is drawn down that makes it <br /> more than $6 million. He said full funding is not advocated or anticipated by the BOCC on <br /> BRT as far as MLK, and he said one question he will have is what else can the BOCC do with <br /> the $100 million. <br /> DO LRT Project Cost/ Funding Sources <br /> • The DO LRT project engineering, construction, and equipment cost is estimated to be <br /> $2,388,568,428 in year of expenditure dollars. <br />