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Statewide - Freight Rail Investment Bank |
Rail Investment Bank program initiated in the 2005 Legislative Session. Funding is provided by a distribution transfer from the Multimodal Transportation Account to the Transportation Infrastructure Account providing for creation of a rail bank to offer local organizations access to low-interest state loans for freight rail projects. |
PIN#: | F01000A |
DOT Region: | |
Counties: | |
State Route: | 000 |
Location: | Statewide |
Leg Districts: | |
Program / SubProgram: | Public Transportation and Rail |
Sub-Program: | Essential Rail Assistance and Banking |
Sub-Category: | |
Improvement Type: | Rail |
Mile Posts: | 0 to 0 |
Project Costs: |
Phase | From - To | Prior | 19-21 | 21-23 | 23-25 | 25-27 | 27-29 | 29-31 | Future | Total |
---|---|---|---|---|---|---|---|---|---|---|
Preliminary Engineering | Jul-15 - Jun-17 | 718,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 718,000 |
Construction | Jul-15 - Jun-27 | 1,025,000 | 0 | 3,438,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 20,000,000 | 44,463,000 |
Project Totals: | 1,743,000 | 0 | 3,438,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 20,000,000 | 45,181,000 |