Slide 1North San Diego County Transit District Service AreaBackgroundSlide 7Costs & BenefitsCostsCosts--In perspectiveBenefitsSERVICE TO STUDENTSCSU SAN MARCOS STATIONPotential RidershipRAIL SERVICEPOTENTIAL RIDERSWHY DMU?Financial AnalysisScenario AnalysisOceanside-Escondido Rail Line1.011 Final Project PresentationJohn R. Velasco May 12th, 2003The SPRINTER – 2005North San Diego County Transit District Service AreaThe SPRINTER – 2005Background1987 SANDAG Highway 78 Corridor Study (determined rail service in corridor is feasible)1987 TRANSNET 1/2% sales tax approved1992 SANDAG Transit Corridor Evaluation (determined DMU’s most cost-efficient)1992 NCTD (with MTDB) purchases 84 miles of track, including The SPRINTER line for $90 millionKeeps project costs downThe SPRINTER – 2005Problems & IssuesCal State San Marcos Loop at Highway 78 Overcrossing37 grade crossings in 22 milesShort-term construction trafficLocal outreach and notificationContinuing Freight Rail operations during constructionTraffic Control Plan to meet Caltrans requirementsImplementation of Traffic Control Plan will reduce impacts to less than significantThe SPRINTER – 2005Costs & BenefitsThe SPRINTER – 2005CostsTotal Construction Costs $205,969,000Total Non-Constr. Costs $107,062,000Project Contingency $ 16,400,000Project Escalation $ 22,069,000 Total Project Budget $351,500,000The SPRINTER – 2005Costs--In perspective“Highly Recommended” Project by FTA$16.1 million/mile ($40-50 M National Avg.)55% locally fundedHigh potential useAnnual operating cost for Oceanside - Escondido Rail Project: $12.2 million in first full year of operationEstimated 40-50% farebox recovery rate - consistent with national averageThe SPRINTER – 2005BenefitsPotential addition of 4,884 full-time jobs during construction with 6,667 secondary or indirect jobs for the regionAddition of 170 on-site jobs for operation and maintenance of the system when it is up and running with 304 indirect jobs generatedImproved air quality…Fewer emissions from vehicles on Highway 78 (25-30% decrease in auto traffic)Increased travel capacity in the corridor...You don’t have to use transit to benefit from transitIncreased mobility for North County residents:Link to COASTER / AMTRAK / MetrolinkLink to BREEZELink to Interstate 15 and future Bus Rapid TransitProvide bike trail in corridor More access to local schools, jobs and shoppingThe SPRINTER – 2005SERVICE TO STUDENTSCal State University San MarcosCurrently has 8,000 students plus 800 faculty & staf11,000 students projected by 200918,000 students projected by 2020Palomar College20,000 students currently attend San Marcos campusMira Costa College13,616 students by 2005The SPRINTER – 2005CSU SAN MARCOS STATIONThe SPRINTER – 2005Potential RidershipThe SPRINTER – 2005RAIL SERVICEPassenger service every 30 minutes from 5 a.m. to 10:30 p.m.64 train trips/dayMax speed: 50 mphFlat fares proposed $1.50/tripFreight service will continue 2-3 times a week at nightProjected daily ridership:12,000 in 200519,000 in 2020Transit riders in corridor: 9,800 on Routes 302, 318 and 320**Fastest growing ridership in system**The SPRINTER – 2005POTENTIAL RIDERSRidership throughout the day, connections to shopping important0% 20% 40% 60% 80%Work 21%School 12%Shopping 68%Visit friends 51%Other 49%The SPRINTER – 2005WHY DMU?•Ability to operate in existing right-of-way•Bi-directional operation•Designed for light-density, regional service to heavily-used urban and inter-city rail lines and Bus Rapid Transit•Modular design / “building block” approach •Multiple - unit capability•Lightweight materialSelf-propelled diesel - no catenary requiredThe SPRINTER – 2005Financial AnalysisThe SPRINTER – 2005Scenario Analysis Original Interest Rate 10%Format( 5.5=5:30 AM, 22.25=10:15 PM)Start time: 5.5 # Trips/Hr 2 Fare/person/trip $1.50 Stop time: 22 Total Trips/Day 33 Total Daily Riders 12,375Total time (hrs) 16.5 Train Capacity 375 Total Daily Revenue $18,562.50 Total Yearly Revenue$6,775,312.50 New Interest Rate 14%Format( 5.5=5:30 AM, 22.25=10:15 PM)Start time: 7 # Trips/Hr 2 Fare/person/trip $1.50 Stop time: 17.5 Total Trips/Day 21 Total Daily Riders 5,250Total time (hrs) 10.5 Train Capacity 250 Total Daily Revenue $7,875.00 Total Yearly
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