2. Sponsored by Cedar Rapids Area Chamber of Commerce and the The Greater Cedar Rapids Community Foundation

3. Cedar-Iowa River Rail Transit Project Feasibility Study 07 December 2006 What is the feasibility of regularly scheduled passenger rail service and/or special event excursion rail service?

4. Cedar-Iowa River Rail Transit Project Feasibility Study 07 December 2006

5. Feasibility Study Investors… Cedar Rapids Hiawatha Marion Coralville Iowa City North Liberty Tiffin University Heights Linn County Johnson County University of Iowa CRANDIC Railroad Iowa Interstate Railroad Consultant: RL Banks

6. Cedar-Iowa River Rail Transit Project Feasibility Study 07 December 2006 OPPORTUNITIES: Cooperating Railroads Very Well Located Trackage Community Interest

7. Cedar-Iowa River Rail Transit Project Feasibility Study 07 December 2006

8. Task 1 INFRASTRUCTURE & CAPITAL EXPENSE Track Stations Parking Lots Layover Tracks Rolling Stock

9. Cedar-Iowa River Rail Transit Project Feasibility Study 07 December 2006

10. Task 2 SERVICE PLAN & POTENTIAL CONFLICTS Work around existing freight operations From ADM to north is congested Maximum existing speed is 30 mph Special event excursion service Eastern Iowa Airport to Iowa City North Liberty to Iowa City

11. Cedar-Iowa River Rail Transit Project Feasibility Study 07 December 2006 Task 3 DEMAND ESTIMATION Special event excursions Daily commute Year 2000 and Year 2030 Transit Oriented Development (TOD)

12. Cedar-Iowa River Rail Transit Project Feasibility Study 07 December 2006 HAWKEYE EXPRESS

13. Cedar-Iowa River Rail Transit Project Feasibility Study Corridor Events…

14. Cedar-Iowa River Rail Transit Project Feasibility Study Special Event & Attraction Locations…

15. Cedar-Iowa River Rail Transit Project Feasibility Study Peak Event Calendar…

16. Cedar-Iowa River Rail Transit Project Feasibility Study 07 December 2006

18. Cedar-Iowa River Rail Transit Project Feasibility Study Chicago Transit-Oriented Development…

19. Cedar-Iowa River Rail Transit Project Feasibility Study Proposed Iowa City/Coralville TOD’s….

20. Cedar-Iowa River Rail Transit Project Feasibility Study 07 December 2006

21. Cedar-Iowa River Rail Transit Project Feasibility Study Proposed Cedar Rapids TOD…

22. Cedar-Iowa River Rail Transit Project Feasibility Study 07 December 2006 Task 4 INVESTMENT REQUIREMENTS Capital Operating & Maintenance Funding Options

23. Cedar-Iowa River Rail Transit Project Feasibility Study 07 December 2006 CONCLUSIONS

24. Cedar-Iowa River Rail Transit Project Feasibility Study 07 December 2006 WHAT IS FEASIBLE TODAY? Special Event Excursions Vintage Excursions –Equipment is Available –Equipment is Affordable COSTS:$3,000 -40,000 to rent $440,000 to own

25. Cedar-Iowa River Rail Transit Project Feasibility Study 07 December 2006 WHAT IS FEASIBLE IN 3-5 YEARS? North Liberty to Downtown Iowa City –Would require special earmark funding –Could replace some bus routes –“Park & Ride” possibilities in North Liberty and UI Oakdale Campus CAPITAL COSTS (Cadillac Version):$18.6 million ANNUAL OPERATIONAL COSTS:$4 million

26. Cedar-Iowa River Rail Transit Project Feasibility Study 07 December 2006 WHAT IS FEASIBLE IN 6-20 YEARS? Eastern Iowa Airport to Downtown IC* –Express Bus Links to Downtown CR & Kirkwood Community College Transit Oriented Developments (TODs) –Coralville, Iowa City, North Liberty, Cedar Rapids –Consistent Community Plans *CAPITAL COSTS:$35.2 million *ANNUAL OPERATIONAL COSTS:$11.9 million

27. Cedar-Iowa River Rail Transit Project Feasibility Study 07 December 2006 Total Cost of High Speed Commuter Rail to/from Cedar Rapids & Iowa City:$70 Million $70 MILLION DOLLARS? (includes new CR ADM Right of Way) Things to Remember… Estimated Cost of adding 1 additional lane To I-380 (between CR & Coralville):$400 Million Tiffin to Dodge Street I-80 Improvements:$75 Million Future Gas Prices

28. Cedar-Iowa River Rail Transit Project Feasibility Study 07 December 2006 QUESTIONS