Resolution 4271 - Laserfiche WebLink

NOW,THEREFORE,BE IT RESOLVED BY THE EVERETT CITY COUNCIL: 1)That the RTA revised phase one draft plan be amended to include the following: a)That the RTA establish a maximum three year timeframe after the vote on the phase one plan to secure funding partnership agreements which would reduce the projected capital cost per boarding over that which is identified in the draft phase one plan. b)That agreements with the BNSF Railroad include provisions for repaying to the RTA the unamortized value of capital improvements made to the BNSF infrastructure if north corridor commuter rail operations are terminated subsequent to its implementation. c)That the projected operating/maintenance costs for north corridor commuter rail be further analyzed for cost efficiencies which would help to reduce the ongoing subsidy per customer trip and passenger mile to an amount approximate to that of the regional bus service. d)That at the end of the three year maximum timeframe, the RTA Board review with the City the appropriateness of implementing commuter rail service into Everett based on its projected cost effectiveness, implementation impacts and contractual funding partnership obligations. e) If commuter rail service is implemented, it must come into the City of Everett and any cost savings over the final phase one plan will be allocated on a pro-rata basis to the City of Everett for additional high capacity transit improvements listed in priority order below: PROJECTS COST(in millions) HOV Direct Access - Southbound at 41st St/I-5 $ 6 HOV Direct Access- Southbound On/Northbound Off at Pacific Avenue 12 1-5 Bus Route Extension to the Everett Community College 2.5 Initiate I-5 Bus Service one year earlier 1 Initiate SR 99 Bus Service one year earlier .8 Initiate SR 527 Bus Service one year earlier .5 Implement HOV treatments on selected arterials in support of RTA 5 sponsored bus service(e.g. signalization, striping, channelization) on Evergreen Way, SR 99, Rucker Ave, Everett Mall Way, 19th Ave SE and Broadway f)That the implementation of north corridor commuter rail service require the establishment of performance objectives based, at a minimum, on its ongoing operating and maintanence costs. g)That the performance objectives also include ridership as a criterion. In conjunction with(f) above,this information will be utilized to evaluate the progress, or lack thereof, regarding commuter rail's ability to reach its performance objectives on an annual basis. h) If commuter rail service is discontinued after a period of operations,the unamortized capital cost and unexpended operating funds will be re-allocated back to Everett on a pro-rata basis to for other high capacity transit projects based on the priority(as applicable) listed in (i)below.