HomeMy WebLinkAboutC.054.93011_0725$127,500 (1/2 of $255,000). He said that if the rail line extended to Mooresville, at
Williams Street, Iredell's portion would be $304,000 (1/2 of $608,000).
Mr. Carol provided a handout that contained the following information about the
rail project.
Key Issues
• Location for the terminus of the proposed North Corridor Commuter Rail
Service to Iredell County - Mooresville (Williams Street) or Mt. Mourne
(Fairview Road)
Cost Implications:
Phase 2 Engineering
Mt. Mourne $760,000
Williams Street $1.8 million
Additional Funding to Complete Construction:
Mt. Mourne $5.8 million
Williams Street $14.7 million
North Corridor Program
• Commuter Rail Service from Charlotte to Mooresville along existing NS right-of-
way
• Enhanced Bus Service on 1-77 Using HOV
• New Charlotte Gateway Station Serving Intercity & Local Transit North Corridor
Fast Facts
• Program Focus
Upgrade 30 miles of existing Norfolk Southern "O" line to Mooresville
Enhance safety at the 70 remaining at -grade crossings
Construct 10 stations & the Charlotte Gateway Station terminus
- Construct train maintenance facility north of Mt. Mourne
• Service
Frequency: every 20-30 minutes during rush hour
Travel time: 40 minutes from Mt. Mourne; 45 minutes from Mooresville
2002 Ridership Estimate: 5,000 - 6,000 initial; 9,000 in 2025
• Technology
FRA Tier 1 compliant trains operating at up to 79 mph in mixed (freight)
traffic
North Corridor Program Status
• Station Locations - 12 sites approved by MTC for further analysis
Including Mt. Mourne, downtown Mooresville & Williams Street
• At -grade crossings - enhancements under design
• Draft EIS
- Analysis of environmental, air quality, historic impacts underway
- Work to date assumes service to Williams Street
- Planned for submission to the FTA by end of 2005
• Discussions with Norfolk Southern Regarding Use of North Corridor
• Architectural Design for Charlotte Gateway Station
Iredell County Impact
• Train replaces 83X service from Mooresville
• Supports transit -oriented development at Mt. Mourne and in Mooresville
• Provides "Reverse Commute" to Lowe's & Iredell County Employers from
Mecklenburg County
• Capital Investment & Employment
Train equipment maintenance facility
• $5-8 million capital cost
• Estimated 25-40 employees
Stations, crossings S. track work -- $25 million to Williams Street
Iredell County Funding
• Major Investment Study (completed 2002)
Mooresville: $20,000
Iredell County: $10,000
• Draft EIS/Phase I Engineering
Federal (80%): $5.4 million
NCDOT (10%): $670,000
Charlotte (7.3%): $487,000
Iredell County & Mooresville (2.7%): $183,000 ($91,500 each)