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3
<br /> 1 LRT frlitial Capital Cost
<br /> 1 Ian New Starts Grant Capital Costs $ 1,194,284,214 50.00%
<br /> 3 State Funding-Capital Costs 138,856,843 10.00%
<br /> 4 Iln (Kind Contributions
<br /> S Orange County 3,487,758 0.15%
<br /> 6 IDurham County 15,888,675 0.67%
<br /> 7 Joint Development Grants
<br /> 8 Orange County 11 716,7417 0.49%
<br /> 9 Durham County 53,376,190 2.23%
<br /> 10 local Share (Private Capital Campaigns 18,110,000 0.76%
<br /> 11 Local Share-Orange County 138,651,411 5.80%
<br /> 12 Local Share II:)urham County 714,185,t79 29.90%
<br /> 13 Total LRf Initial Capital Cost 1 1,088,568,418 100.00%
<br /> 1.41
<br /> 15 Orange County LRT State of Good Repair through 2062 $, 89,948,:360
<br /> 16
<br /> 17 Other Orange County Tax District Funding through 2045
<br /> 18 Bus O&M $ 139,669,159
<br /> 19 DO LRT O&M 83,857,130
<br /> 20 Bus Facilities and Capital(projects((Including Replacements) $ 8,059,4 76
<br /> 21 Vehicles(Including Replacements) 14,14 1,696
<br /> 22 NS BRT Project(Construction Costs) 4> 6,1.15,000
<br /> 23 Hillsborough Train Station Project(Construction Costs) 686,000
<br /> 1 First S18.12 million Applied to Orange County
<br /> Commissioner McKee referred to $100 million mentioned by David King on Tuesday
<br /> night, and asked if the $18.1 million aligns with that.
<br /> Travis Myren said the goal of private contributions is $100 million, and the $18.1 million
<br /> is what staff believes to be realistically secured by the time of the Full Funding Grant
<br /> Agreement (FFGA) is submitted to the Federal Transportation Authority (FTA).
<br /> Commissioner Price asked if Orange County would have to pay this money back.
<br /> Ted Cole said he understands that no repayment will be expected.
<br /> John Talmadge, GoTriangle Regional Services Development Director, said GoTriangle
<br /> staff has been working with the Funding and Community Collaborative (FCC) regarding these
<br /> funds.
<br /> Commissioner Marcoplos said this $18 million are right of way grants that have been
<br /> procured so far.
<br /> Tammy Bushell, GoTriangle Attorney, said $19 million has been secured in right of way
<br /> grants with the Universities. She said formal appraisals of these properties have yet to be
<br /> completed. She said the $18 million reflected here is in addition to the $19 million. She said
<br /> part of the $18 million is included in the present right of way donations, because of the
<br /> conservative cost that has been included.
<br /> Gary Toper, GoTriangle Real Estate Manager, said private and public commitments
<br /> have been secured, and the $18 milllion represents about 67 parcel commitments to right of
<br /> ways. He said this is believed to be a conservative amount.
<br /> Commissioner Price asked if the difference between line 5 and line 10 could be
<br /> clarified.
<br /> Ted Cole said line 5 was the original amount for right of ways, and line 10 is a more
<br /> recent concept that is tied to finding private donations, which may be in the form of more right
<br /> of ways, or in the form of cash.
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