Agenda

Boston Surface Railroad Company

Projected Timeline to Operation

¢ 2018 - Seeking $6-12M grant Consolidated
Rail Infrastructure and Safety Improvement
(CRISI) program through USDOT

* engineering, rolling stock, land, environmental
* $275,000 for Bedford-Nashua segment

* 2018-19 Seeking up to $130 debt financing for
infrastructure and start up operations

* Private equity offerings

* Railroad Rehabilitation & Improvement Financing
through USDOT - development of railroad
infrastructure

Boston Surface Railroad Company

Current Status of BSRC

* Granted operational authority and common
carrier protected status by the US DOT
Surface Transportation Board

¢ Formed a public-private-partnership with
Nashua, Lowell, Worcester, Woonsocket

* Formed agreement with Genesee & Wyoming
to operate passenger rail from Worcester to
Providence

* Begun track renovations Worcester to
Providence line

* Testing safety mechanisms (Positive Train
Control) with Siemens

Boston Surface Railroad Company

¢ December 2017 — Nashua signs
MOU with BSRC

¢ Nashua responsibilities
* Provide passenger rail station

* Become designated recipient of
Federal Transit Authority funds

¢ Participate in and advocate for
BSRC passenger rail with NH
constituencies

18

Boston Surface Railroad Company

Map of Existing Right-of-Way Ownership

° Right-of-Way will be a mixture of —
leased and acquired access Ss —_—_ Beir
i aS Nashua
rights =

* BSRC will focus on getting tracks G® .
“commuter ready”- service to "|
justify safety and comfort and (T) ee ne O
Capacity needed for commuter wy
based service |

Providence

Boston Surface Railroad Company

¢ Anticipated ridership from
Bedford, NH to Lowell (assumes
4% capture of commuter base)
* Year 1— 600 passengers
¢ Year 5 — 1,600 passengers
° Year 10 — 9,700 passengers

° A portion of this ridership will
come from one stop in Bedford
and one stop in Nashua

¢ Planned startup of Bedford to
Nashua to Lowell route in 2023

Ridership Projection
25,000
20,000
15,000
10,000 - a
5,000 ; vA

System Wide BNH-LMA = mem \WR- PVD commen (YOR - PVD

Boston Surface Railroad Company

¢ Plans to use existing rail Right of
Way (ROW) with minimal
improvements to launch service —
“bronze plated vs. gold”

¢ Service schedule based on existing
commuter market and driven by
demand

¢ Using renovated and refurbished
operating equipment (rolling stock)

¢ Intercity, interstate service qualifies
BSRC as a Federally Regulated and
Federally Preempted private
railroad

15

Boston Surface Railroad Company

¢ 2017 - Boston Surface Railroad
Company (BSRC) apereaches
Nashua to establish a public-
private partnership (PPP) to
operate passenger rail serving
Nashua

* BSRC is private company with
financing from private equity and
federal transit grants and loans

¢ Part of broader inter-city rail
system that includes Worcester-
Providence and Lowell-Worcester
service

Map of BSRC Intercity Routes - Planned

Concord

Bedford (4)

Nashua

Lowell @®)

NH Capital Corridor

¢ 2018 - HB2018 Passed NH House to
access S$4M in federal funding for
project development phase

e 2018 - NH Senate voted to remove
S4M in federal funding

¢ Capital Corridor project stalled
until development phase
completed

¢ New efforts likely in 2019 to “re-
insert” S4M funding for project
development phase

13

NH Capital Corridor

¢ 2017-2018 Next step to raise $4
million of federal funding to complete
project development phase

* engineering analysis for upgrading the
rail corridor

* calculation of more definitive costs
associated with project

* environmental impact statement
* detailed financial plan

¢ 2018 - HB2018 part of NH 10 year
transit plan included S4M of federal
funding to complete project
development phase for Capital
Corridor (S4M drawn from existing
funds from federal govt.)

12

NH Capital Corridor

oS ‘@ Sopra
¢ 2005 Nashua re-introduced phased oes \\
approach to extend MBTA Commuter ee
Rail Service from Lowell to Nashua on — QL
existing rail meet

¢ 2007 State efforts kickstarted to re-
introduce passenger rail service from
Concord, Manchester, and Nashua to
Boston as option

¢ 2015 Capital Corridor Rail Analysis —

Capitoj Corridor Alternatives
lysis and Service Development Plan)

completed by NH DOT a tase seme rdbaemg ow

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