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Agenda - 01-21-20 12-8 - Information Item - Memorandum-Greater Triangle Commuter Rail (GTCR) Update
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Agenda - 01-21-20 12-8 - Information Item - Memorandum-Greater Triangle Commuter Rail (GTCR) Update
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1/16/2020 4:02:50 PM
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1/16/2020 4:13:39 PM
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BOCC
Date
1/21/2020
Meeting Type
Business
Document Type
Advisory Bd. Minutes
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20 <br /> Driven by �Six Project Justification Factors <br /> Criterion Description Based on Cost Estimates and Ridership Modeling <br /> Calculated Based on Average of Current Year (2018) and Horizon Year (2040) Models <br /> Mobility Total annual trips on the project, with trips of riders from zero-car <br /> Improvements households doubled <br /> Environmental Monetized benefit of change in vehicle miles traveled, divided by <br /> Benefits annualized cost (capital and O&M) <br /> Congestion Relief New weekday trips on the project <br /> Cost Effectiveness Total annual project trips divided by annualized cost (capital and O&M) <br /> Criteria Based on Corridor Characteristics <br /> Economic Qualitative score based on city and county- adopted plans and policies, <br /> Development <br /> their performance, the potential of the project to impact development <br /> patterns and affordable housing plans and policies. <br /> Quantitative and qualitative score based on existing station area <br /> Land Use population density, jobs, affordable housing, central business district <br /> parking ratio and cost, and built environment characteristics <br />
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