Oversight and Operations
¢ BSRC may need the whole project (Providence, Worcester, Bedford) to get
the miles in order to qualify for Federal funding, and Nashua could be
federally “designated recipient” of these funds for whole system
¢ Nashua will need to further explore its roles, responsibilities, risks, and
opportunities as the “designated recipient” for BSRC system in NH
Moving Forward
Issues to Plan For Passenger Rail
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
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