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Freight Rail Day 2011 “Freight Rail: Working for Wisconsin” A CASE STUDY Ken Lucht Wisconsin & Southern Railroad Co.
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A PUBLIC / PRIVATE PARTNERSHIP Est. 1980 under Stats. 66.1021 Wisconsin Department of Transportation Wisconsin River Rail Transit Commission Pecatonica Rail Transit Commission Wisconsin & Southern Railroad Co. Local Units of Government Economic Development Organizations East Wisconsin Counties Railroad Consortium
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PLYMOUTH TO KOHLER RAIL RECONSTRUCTION PROJECT RECONSTRUCTION PROJECT 11-Mile East West Segment Originally built in 1859 for passenger service Sheboygan & Mississippi RR “Out of service” for 30 years, never abandoned Railroad corridor still in tact today
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PLYMOUTH TO KOHLER RAIL RECONSTRUCTION PROJECT RECONSTRUCTION PROJECT In 2006, eastern portion of line was embargoed Impacts felt in private and public sectors Commodities include: Grain, Fertilizer, Lumber, Plastics, Cold Foods In 2008, WisDOT released Economic Report In 2009, State of WI acquired line from UP
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TRANSLOADING TRANSLOADING
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ECONOMIC IMPACT ANALYSIS Approximately 2,883 Direct Jobs At Stake $137 Million in Personal Income $614 Million in Output (Sales) Study identified over 100 potential rail users within 1 mile Loss of Rail increases transportation costs by $500 K Conclusion: Clear potential for business development if rail line is re-activated in Sheboygan County.
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PLANNING & CONSTRUCTION Complete Reconstruction $15 Million Federal / State Government Permitting STB WDNR WSHS WisDOT Local Government Participation Stakeholder Identification Economic Feasibility & Financing
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Brush Cutting / Surveying Dismantle Existing Rebuild to meet 286,000 Lb. Standards 11 miles of Welded Rail 40,000 New Wood Ties Rebuild 17 At-Grade Public Rail Crossings Rebuild 4 Structures Competitive Bid & Prevailing Wage Requirements WORK SCOPE
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7 Private Companies 3 Communities 1 County Chambers & Sheboygan County EDC 2 Railroad Companies State of Wisconsin Locally-Elected Officials STAKEHOLDER GROUP
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Shared amongst various stakeholders Fair & Equitable Return on Investment State would play key role FINANCIAL PLAN In 2009 State awarded a $12 Million Grant Stakeholder Group to secure Local Match
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TO DATE: Secured: 93% of Total Project Costs 80%Preservation Grant 8%Private Sector Sources 5%Municipal Sources Unsecured: 7% of Total Project Costs FINANCIAL COMMITMENTS
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$5 Million infused into local economy AAR Estimates $15 Million investment will yield $45 Million in economic output Could result in 300 new jobs in region Enhance Local Tax Base Direct access to national and world markets Business Attraction throughout county PROJECT BENEFITS
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COMMUNITY INVOLVEMENT
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Ken Lucht Community Development Mgr Wisconsin & Southern Railroad Co. www.wsorrailroad.com THANK YOU
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