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Current Status/ Base line (No Build) & Problem to be Addressed Change to Baseline/ Alternatives Type of Impacts Population Affected by Impacts Economic Benefit Summary of Results ( Mill $ 2015) Reference in BCA write up Tab in Spreadsheet Reduced VMT on highways and roadways Vehicle drivers Monetized value of reduced truck miles generating fuel savings Estimated $7 million of fuel savings Pages 14 Table 8 Detailed Savings Gallons & MT CO2 Reduced pollutant emissio Local, state, region and national populations Monetized value of emission reductions Estimated $1.4 million in reduced emissions Page 14 Table 8 Detailed Savings Gallons & MT CO2 Improved efficiency in freight modal choice by switching freight to rail vs. truck Freight Shippers utilizing the Rail Park Monetized value of reduced operational costs to shippers Estimated $7 million operational costs savings to shippers Page 15 Table 9 Operational Savings Reduced road maintenance cost due to the reduction of VMT on highways Government Monetized value of reduced road maintenance costs to due to reduced VMT Estimated $6 million of Road maintenance savings to states and regions Page 16 Table 10 Road Maintenance Reduced potential fatalities on highways General public Monetized value of the reduction of potential fatalities on roadways to due to reduced VMT Estimated $11 million of reduced fatalities from reduction of Vehicle Miles Traveled Page 17 Table 11 Collision Costs Reduction in potential fatalities at six Downtown at-grade crossings General public Monetized value of the reduction of potential fatalities at six at-grade rail crossings Estimated $10 million of reduced fatalities from the closure of six at- grade crossings Page 17 Table 12 Collision Costs Reduction in potential pedestrian fatalities in core area General public Monetized value of the reduction of potential pedestrian fatalities at in core area Estimated $10 million of reduced pedestrian fatalities due to a safe separated trail to walk Page 18 Table 13 Pedestrian Fatality costs Project Matrix for Glacier Rail Park/Kalispell Core Area Development and Trail Project Lack of Transportation options for freight and people in Kalispell, MT. This includes the lack of a centralized cost-effective/ efficient Rail loading/ unloading hub in Flathead Co. The use inefficient long haul trucking as the primarily modal option causes inefficient and costly routing of freight into and out of the region. The current rail facilities do not have the capacity to meet current and future cargo demands In addition, a current rail line passing through the Core Area of Kalispell, bifurcates downtown. This increases the safety risk of the residents and visitors as they attempt to cross this active line on a daily basis. Build a Rail Park to consolidate rail loading and unloading into one location (rail hub). Thus will allow the conversion of currently long-haul truck trips to be converted to short truck trips supporting the local area and long distant rail hauls of the associated cargo. Build a trail to transform Kalispell into a walkable community by connecting the isolated populations to work and daily activity centers. This will be accomplished by removing and relocating the current core area rail users to the new rail park. Post opening of the new rail park, the rail line running through the Core Area will be abandoned and replaced with a trail that connects east and west Kalispell. It will also include the closure of six at-grade rail crossings that limit safe transportation options to daily activities in Kalispell's core area. ---PAGE BREAK--- Calendar Year Total Direct Beneficiaries (Reduction in Truck VMT) Total Benefits (2015$) Total Initial Costs & Residual Maintenance Costs (2015$) Undiscounted Net Benfits (2015$) Discounted Net Benefits 2015 $0 ($2,042,081) $0 ($2,042,081) ($2,042,081) 2016 $0 ($15,469,464) $0 ($15,469,464) ($14,457,443) 2017 1,560,000 $1,970,715 ($2,407,355) $0 ($436,640) ($349,561) 2018 1,560,000 $1,970,715 ($3,407,355) $0 ($1,436,640) ($1,141,164) 1 2019 1,606,800 $3,431,801 ($54,400) $3,377,401 $2,609,509 2 2020 1,655,004 $3,461,882 ($54,400) $3,407,482 $2,463,736 3 2021 1,704,654 $3,492,865 ($54,400) $3,438,465 $2,326,114 4 2022 1,755,794 $3,524,778 ($54,400) $3,470,378 $2,196,097 5 2023 1,808,468 $3,557,648 ($54,400) $3,503,248 $2,075,185 6 2024 1,862,722 $3,591,504 ($54,400) $3,537,104 $1,960,885 7 2025 1,918,603 $3,626,376 ($54,400) $3,571,976 $1,853,417 8 2026 1,976,161 $3,662,293 ($54,400) $3,607,893 $1,752,362 9 2027 2,035,446 $3,699,289 ($54,400) $3,644,889 $1,657,323 10 2028 2,096,510 $3,737,394 ($54,400) $3,682,994 $1,568,604 11 2029 2,159,405 $3,776,643 ($54,400) $3,722,243 $1,484,514 12 2030 2,224,187 $3,817,069 ($54,400) $3,762,669 $1,405,400 13 2031 2,290,913 $3,858,707 ($54,400) $3,804,307 $1,330,957 14 2032 2,359,640 $3,901,595 ($54,400) $3,847,195 $1,260,230 15 2033 2,430,429 $3,945,770 ($54,400) $3,891,370 $1,194,966 16 2034 2,503,342 $3,991,270 ($54,400) $3,936,870 $1,132,899 17 2035 2,578,442 $4,038,134 ($54,400) $3,983,734 $1,075,137 18 2036 2,655,796 $4,086,405 ($54,400) $4,032,005 $1,020,118 19 2037 2,735,469 $4,136,124 ($54,400) $4,081,724 $968,978 20 2038 2,817,534 $4,187,334 ($54,400) $4,132,934 $920,180 $18,572,215 21 2039 2,902,060 $4,240,081 $17,406,535 ($54,400) $21,592,216 $4,305,855 Total 49,197,377 $83,706,390 ($5,919,720) ($1,088,000) $55,052,054 $18,572,215 ---PAGE BREAK--- Selection Criteria Summary Discount Rate 7% Discount Rate 3% Quality of Life Converting current rail line going through Downtown to trail Property Values/ Noise Mitigation not calculated Quality of Life Fuel savings due to reduced miles traveled by cargo using Rail Park vs. Truck Gallons of fuel saved 2.6 million gallons of fuel saved by reducing miles traveled with modal shift to Rail $ 2,977,469 $ 4,730,461 8% 13% Economic Competiveness Operational cost savings Savings of rail transport vs. truck transport 249 million ton miles @$0.071 savings per mile (truck/ barge vs. rail) $ 7,453,055 $ 11,841,059 20% 32% State of Good Repair Reduction of maintenance on US Roads & Hwys, Consistent with State and Regional Plans Maintenance, preservation and upgrade savings of Highways 49 million VTM reduced off the highways $ 2,483,315 $ 3,945,373 7% 11% Environmental Sustainabilit Environmental Benefits from Reduced Emissions CO2 cost savings 22,408 metric tons of CO2 saved $ 920,932 $ 920,932 2% 2% Safety Closing of 6 rail crossings in Downtown Kalispell Fatality cost savings of 1.1 fatalities $10.7 million saved $ 5,365,761 $ 8,131,428 63% 63% Safety Reduced fatalities from reduction of VMT Fatality cost savings of 1.1 fatalities $10.2 million saved $ 5,139,806 $ 7,789,008 $ 37,005,362 $ 57,557,725 Safety Reduction of of pedestrian fatalities in Core Area upon completion of Trail Fatality cost savings of 3.4 fatalities $31.5 million saved $ 12,665,024 $ 20,199,463 ($18,433,147) ($14,652,909) $37,005,362 $ 57,557,725 $ 18,572,215 $ 42,904,816 $ - $ - Benefit to Cost Ratio 2:1 4:1 2.0 3.9 Benefit to Cost Ratio Analysis Selection Criteria Description Inputs Value Monetized Value check digits Total Cost Total Benefits Net Present Value ---PAGE BREAK--- Cost Benefit Summary 1 C ( K) Year Calendar Year non-CO2 Benefits Non-CO2 Costs Net non-CO2 Benefits (C+D) 7% NPV net non CO2 Benefits (E/1.07^A)) 3% NPV net non CO2 Benefits (E/1.03^A)) CO2 Reduced (Metric Tons) 3% SCC ( 2013$) Undiscounted CO2 Costs Avg SCC (H*I) NPV CO2 Costs @ 3% Avg SCC (J/1.03^A)) 7% NPV Total Benefits (F+K) 3% NPV Total Benefits (G+K) 7% NPV non CO2 Benefits (C/1.07^A)) 7% NPV non CO2 Cost (D/1.07^A)) NPV7% Benefit + NPV Co2 O+K 3% NPV non CO2 Benefits (C/1.03^A)) 3% NPV non CO2 Cost (D/1.03^A)) NPV3% Benefit + NPV Co2 S+K 0 2015 $0 $ (2,042,081) ($2,042,081) ($2,042,081) ($2,042,081) 0 $ 44.00 $0 $0 ($2,042,081) ($2,042,081) $0 ($2,042,081) $0 $0 ($2,042,081) $0 1 2016 $0 $ (15,469,464) ($15,469,464) ($14,457,443) ($14,036,352) 0 $ 45.00 $0 $0 ($14,457,443) ($14,036,352) $0 ($14,457,443) $0 $0 ($15,018,897) $0 2 2017 $1,970,715 (2,407,355) ($436,640) ($381,379) ($359,486) 734 $ 46.00 $33,755 $31,817 ($349,561) ($327,669) $1,721,298 ($2,102,677) $1,753,116 $1,857,587 ($2,269,163) $1,889,405 3 2018 $1,970,715 (3,407,355) ($1,436,640) ($1,172,727) ($1,073,211) 734 $ 47.00 $34,489 $31,562 ($1,141,164) ($1,041,649) $1,608,690 ($2,781,417) $1,640,252 $1,803,483 ($3,118,213) $1,835,045 4 2019 $3,431,801 (54,400) $3,377,401 $2,576,603 $2,289,279 756 $ 49.00 $37,035 $32,905 $2,609,509 $2,322,184 $2,618,105 ($41,501) $2,651,010 $3,049,111 ($48,334) $3,082,016 5 2020 $3,461,882 (54,400) $3,407,482 $2,429,488 $2,095,697 778 $ 51.00 $39,703 $34,248 $2,463,736 $2,129,946 $2,468,274 ($38,786) $2,502,522 $2,986,250 ($46,926) $3,020,498 6 2021 $3,492,865 (54,400) $3,438,465 $2,291,194 $1,918,839 802 $ 52.00 $41,696 $34,920 $2,326,114 $1,953,759 $2,327,444 ($36,249) $2,362,363 $2,925,220 ($45,559) $2,960,139 7 2022 $3,524,778 (54,400) $3,470,378 $2,161,177 $1,757,235 826 $ 52.00 $42,947 $34,920 $2,196,097 $1,792,154 $2,195,054 ($33,878) $2,229,974 $2,865,967 ($44,232) $2,900,887 8 2023 $3,557,648 (54,400) $3,503,248 $2,038,922 $1,609,544 851 $ 54.00 $45,937 $36,263 $2,075,185 $1,645,807 $2,070,583 ($31,661) $2,106,846 $2,808,440 ($42,944) $2,844,703 9 2024 $3,591,504 (54,400) $3,537,104 $1,923,950 $1,474,548 876 $ 55.00 $48,191 $36,935 $1,960,885 $1,511,482 $1,953,540 ($29,590) $1,990,475 $2,752,589 ($41,693) $2,789,523 10 2025 $3,626,376 (54,400) $3,571,976 $1,815,811 $1,351,134 902 $ 56.00 $50,539 $37,606 $1,853,417 $1,388,740 $1,843,465 ($27,654) $1,881,072 $2,698,364 ($40,479) $2,735,970 11 2026 $3,662,293 (54,400) $3,607,893 $1,714,084 $1,238,291 930 $ 57.00 $52,985 $38,278 $1,752,362 $1,276,568 $1,739,929 ($25,845) $1,778,207 $2,645,719 ($39,300) $2,683,996 12 2027 $3,699,289 (54,400) $3,644,889 $1,618,374 $1,135,095 957 $ 58.00 $55,532 $38,949 $1,657,323 $1,174,044 $1,642,529 ($24,154) $1,681,478 $2,594,607 ($38,155) $2,633,556 13 2028 $3,737,394 (54,400) $3,682,994 $1,528,312 $1,040,706 986 $ 60.00 $59,170 $40,292 $1,568,604 $1,080,998 $1,550,886 ($22,574) $1,591,178 $2,544,984 ($37,044) $2,585,276 14 2029 $3,776,643 (54,400) $3,722,243 $1,443,550 $954,357 1016 $ 61.00 $61,961 $40,964 $1,484,514 $995,320 $1,464,647 ($21,097) $1,505,611 $2,496,806 ($35,965) $2,537,769 15 2030 $3,817,069 (54,400) $3,762,669 $1,363,764 $875,348 1046 $ 62.00 $64,866 $41,635 $1,405,400 $916,984 $1,383,481 ($19,717) $1,425,117 $2,450,031 ($34,917) $2,491,666 16 2031 $3,858,707 (54,400) $3,804,307 $1,288,651 $803,044 1078 $ 63.00 $67,890 $42,307 $1,330,957 $845,351 $1,307,078 ($18,427) $1,349,385 $2,404,619 ($33,900) $2,446,926 17 2032 $3,901,595 (54,400) $3,847,195 $1,217,923 $736,864 1110 $ 63.00 $69,927 $42,307 $1,260,230 $779,171 $1,235,145 ($17,222) $1,277,452 $2,360,529 ($32,913) $2,402,836 18 2033 $3,945,770 (54,400) $3,891,370 $1,151,316 $676,277 1143 $ 65.00 $74,311 $43,650 $1,194,966 $719,927 $1,167,411 ($16,095) $1,211,061 $2,317,724 ($31,954) $2,361,374 19 2034 $3,991,270 (54,400) $3,936,870 $1,088,577 $620,800 1178 $ 66.00 $77,718 $44,321 $1,132,899 $665,122 $1,103,619 ($15,042) $1,147,941 $2,276,165 ($31,024) $2,320,487 20 2035 $4,038,134 (54,400) $3,983,734 $1,029,473 $569,994 1213 $ 68.00 $82,475 $45,665 $1,075,137 $615,659 $1,043,531 ($14,058) $1,089,195 $2,235,817 ($30,120) $2,281,482 21 2036 $4,086,405 (54,400) $4,032,005 $973,782 $523,456 1249 $ 69.00 $86,199 $46,336 $1,020,118 $569,792 $986,920 ($13,138) $1,033,256 $2,196,644 ($29,243) $2,242,980 22 2037 $4,136,124 (54,400) $4,081,724 $921,299 $480,819 1287 $ 71.00 $91,358 $47,679 $968,978 $528,498 $933,578 ($12,279) $981,257 $2,158,612 ($28,391) $2,206,291 23 2038 $4,187,334 (54,400) $4,132,934 $871,830 $441,749 1325 $ 72.00 $95,424 $48,351 $920,180 $490,099 $883,305 ($11,476) $931,656 $2,121,688 ($27,564) $2,170,038 24 2039 $4,240,081 17,352,135 $21,592,216 $4,256,832 $2,094,079 1365 $ 73.00 $99,652 $49,022 $4,305,855 $2,143,102 $835,918 $3,420,915 $884,940 $2,085,839 $8,536,101 $2,134,861 Total $83,706,390 (7,062,120) $76,644,270 $17,651,283 $7,176,024 23,142 $1,413,762 $920,932 $18,572,215 $8,096,956 $36,084,430 ($18,433,147) $37,005,362 $56,636,793 ($14,652,909) $57,557,725 B/C Ratio 7% 2.01 3% 3.93 NPV 7% $18,572,215 3% $42,904,816 Cost Benefit Summary ---PAGE BREAK--- Assumptions Year # Year Expected Yearly Cost (Construction and Maint.) -2/-3 2012/2013 -$1,191,531 Prior Year expenditure detail -1 2014 -$109,550 $ (1,301,081) 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Total 2012 2013 2014 2015 Grant Funds 0 2015 -$741,000 Planning $ 175,000.00 $ 60,000.00 $ 60,000.00 $ 36,000.00 Willdan $ 175,000.00 EPA 1 2016 -$15,469,464 Phase 1a- Planning $ 175,000 $ 60,000 $ 60,000 $ 36,000 $ 331,000 Property Purchase/PE $ 856,151.00 $ 29,800.00 $ 49,550.00 x EDA and KLJ $ 60,000.00 State of Montana BSTF (1:1 Match) 2 2017 -$2,407,355 Environmental $ 70,580.00 EPA Brownfield ESAs $ 856,151.00 EDA 3 2018 -$3,407,355 -$23,326,255 Phase 1b- Property Purchase/ PE/ $ 926,731 $ 29,800 $ 49,550 $ 36,000 $ 1,042,081 Engineering x x x $ 705,000.00 KLJ $ 70,580.00 EPA 4 2019 -$54,400 $ 1,161,731.00 Total Grant Funds State and Federa 5 2020 -$54,400 Phase 1c- Final Design and Eng. $ 705,000 $ 705,000 Totals $ 1,101,731.00 $ 89,800.00 $ 109,550.00 $ 741,000.00 $ 2,044,093.00 6 2021 -$54,400 7 2022 -$54,400 Phase 2 (TIGER FY2015 request) $ - $ - $ 15,469,464 $ 2,352,955 $ 3,352,955 $ - $ - $ - $ 21,175,374 $ 21,880,374 8 2023 -$54,400 73% 11% 16% 0% 0% 0% 9 2024 -$54,400 Cash Outflow of Project $ 1,101,731 $ 89,800 $ 109,550 $ 741,000 $ 15,469,464 $ 2,352,955 $ 3,352,955 $ - $ - $ - $ 23,253,455 10 2025 -$54,400 11 2026 -$54,400 Total Phase I $ 2,042,081 12 2027 -$54,400 $ 3,352,955 $3,352,955 13 2028 -$54,400 14 2029 -$54,400 $ 3,352,955 15 2030 -$54,400 16 2031 -$54,400 Allocation of costs # months Timeline Montly expediture 17 2032 -$54,400 Rail $ 15,469,464 9 mo Mar 16 to Dec 16 18 2033 -$54,400 Trail $ 4,705,910 12 mo July 17 to Jun 18 $ 392,159 19 2034 -$54,400 Contingency $ 1,000,000 2018 20 2035 -$54,400 $ 21,175,374 21 2036 -$54,400 22 2037 -$54,400 23 2038 -$54,400 24 2039 -$54,400 Construction + Maint Costs -$24,468,655 Residual value $ 17,406,535 Net cost after Residual value $ (7,062,120.10) $ 54,400 $54,400 Road Maintenance Costs Saved by using Rail $0.12cost/ per mile diverted off roads Referecne: WSDOT Cost Benefit Reduced operating costs to cargo owner to use Rail vs. Truck Rail vs truck transportation rate per ton mile ( $0.071* ton miles) $ 0.071 per ton mile Reference: WSDOT Cost Benefit Study Miles per gallon by mode Calculations Truck 6mpg fuel usage Tons miles moved per gallon Rail 640ton miles per gallon http://www.iwla.org/index.php?ht=a/GetDocumentAction/i/7799 Truck 160ton miles per gallon assumes truck is 4 times less efficient than rail Barge 576ton miles per gallon Fuel cost $2.73per gallon Assumptions Estimated Cash Outflow for Glacier Rail Park/Kalispell Core Area Development and Trail Project Annual Maintenance est by KLJ eng Avoided Maintenance Costs - By diverting trucks off the roadways and onto the railroads, the public can benefit form reductions in highway maintenance costs. The value of every truck mile diverted to rail saves $0.12/ mile Calculation - Total truck mileage per year x $0.12 Calculation - Truck Rate ($0.10) - Rail Rate ($0.029) x Average Tons per Truck (20) x Distance x (The estimated annual number of truck trips shifting to rail as a result of the project). source: Desiel price: average Rocky Moutains week of 4/27/2015 ( all grades) http://www.eia.gov/dnav/pet/pet_pri_gnd_dcus_r40_w.htm ---PAGE BREAK--- Detailed Benefits Year Calendar Year Highway maintenance cost savings using rail vs truck Reduced severity of accidents due to crossing closures Reduced severity of accidents due to VMT reduction Reduction of Pedestrian fatalities due to the completion of the Trail Savings in operational cost of switching to rail Fuel saved GHG reduced* Highway maintenance cost savings using rail vs truck Reduced severity of accidents due to crossing closures Reduced severity of accidents due to VMT reduction Reduction of Pedestrian fatalities due to the completion of the Trail Savings in operational cost of switching to rail Fuel saved Highway maintence cost savings using rail vs truck Reduced severity of accidents due to crossing closures Reduced severity of accidents due to VMT reduction Reduction of Pedestrian fatalities due to the completion of the Trail Savings in operational cost of switching to rail Fuel saved (C/1.07^A)) (D/1.07^A)) (E/1.07^A)) (F/1.07^A)) (C/1.03^A)) (D/1.03^A)) (E/1.03^A)) (F/1.03^A)) 0 2015 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 1 2016 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 2 2017 $187,200 $509,339 $487,890 $561,834 $224,451 $1,970,715 $163,508 $444,876 $426,142 $0 $490,728 $196,044 $176,454 $480,101 $459,883 $0 $529,583 $211,566 3 2018 $187,200 $509,339 $487,890 $561,834 $224,451 $1,970,715 $152,811 $415,772 $398,264 $0 $458,624 $183,219 $171,315 $466,117 $446,489 $0 $514,158 $205,404 4 2019 $192,816 $509,339 $487,890 $1,431,882 $578,689 $231,184 $3,431,801 $147,098 $388,572 $372,209 $1,092,376 $441,479 $176,369 $171,315 $452,541 $433,484 $1,272,209 $514,158 $205,404 5 2020 $198,600 $509,339 $487,890 $1,431,882 $596,050 $238,120 $3,461,882 $141,599 $363,152 $347,859 $1,020,912 $424,975 $169,776 $171,315 $439,360 $420,859 $1,235,154 $514,158 $205,404 6 2021 $204,558 $509,339 $487,890 $1,431,882 $613,932 $245,263 $3,492,865 $136,306 $339,394 $325,102 $954,124 $409,089 $163,429 $171,315 $426,563 $408,601 $1,199,179 $514,158 $205,404 7 2022 $210,695 $509,339 $487,890 $1,431,882 $632,350 $252,621 $3,524,778 $131,210 $317,191 $303,834 $891,704 $393,796 $157,320 $171,315 $414,139 $396,700 $1,164,251 $514,158 $205,404 8 2023 $217,016 $509,339 $487,890 $1,431,882 $651,320 $260,200 $3,557,648 $126,305 $296,440 $283,957 $833,368 $379,074 $151,439 $171,315 $402,077 $385,145 $1,130,341 $514,158 $205,404 9 2024 $223,527 $509,339 $487,890 $1,431,882 $670,860 $268,006 $3,591,504 $121,584 $277,047 $265,380 $778,849 $364,903 $145,778 $171,315 $390,366 $373,927 $1,097,418 $514,158 $205,404 10 2025 $230,232 $509,339 $487,890 $1,431,882 $690,985 $276,046 $3,626,376 $117,038 $258,922 $248,019 $727,896 $351,262 $140,328 $171,315 $378,996 $363,036 $1,065,455 $514,158 $205,404 11 2026 $237,139 $509,339 $487,890 $1,431,882 $711,715 $284,328 $3,662,293 $112,663 $241,983 $231,793 $680,277 $338,131 $135,082 $171,315 $367,957 $352,462 $1,034,422 $514,158 $205,404 12 2027 $244,254 $509,339 $487,890 $1,431,882 $733,066 $292,857 $3,699,289 $108,451 $226,153 $216,629 $635,773 $325,490 $130,032 $171,315 $357,240 $342,197 $1,004,293 $514,158 $205,404 13 2028 $251,581 $509,339 $487,890 $1,431,882 $755,058 $301,643 $3,737,394 $104,397 $211,358 $202,457 $594,180 $313,322 $125,171 $171,315 $346,835 $332,230 $975,042 $514,158 $205,404 14 2029 $259,129 $509,339 $487,890 $1,431,882 $777,710 $310,692 $3,776,643 $100,495 $197,530 $189,212 $555,309 $301,609 $120,492 $171,315 $336,733 $322,553 $946,643 $514,158 $205,404 15 2030 $266,902 $509,339 $487,890 $1,431,882 $801,041 $320,013 $3,817,069 $96,738 $184,608 $176,834 $518,980 $290,334 $115,988 $171,315 $326,925 $313,158 $919,071 $514,158 $205,404 16 2031 $274,910 $509,339 $487,890 $1,431,882 $825,073 $329,614 $3,858,707 $93,121 $172,531 $165,265 $485,028 $279,481 $111,652 $171,315 $317,403 $304,037 $892,302 $514,158 $205,404 17 2032 $283,157 $509,339 $487,890 $1,431,882 $849,825 $339,502 $3,901,595 $89,640 $161,244 $154,454 $453,297 $269,033 $107,478 $171,315 $308,158 $295,182 $866,312 $514,158 $205,404 18 2033 $291,652 $509,339 $487,890 $1,431,882 $875,320 $349,687 $3,945,770 $86,289 $150,695 $144,349 $423,642 $258,975 $103,460 $171,315 $299,183 $286,584 $841,080 $514,158 $205,404 19 2034 $300,401 $509,339 $487,890 $1,431,882 $901,579 $360,178 $3,991,270 $83,063 $140,836 $134,906 $395,927 $249,294 $99,592 $171,315 $290,469 $278,237 $816,582 $514,158 $205,404 20 2035 $309,413 $509,339 $487,890 $1,431,882 $928,627 $370,983 $4,038,134 $79,958 $131,623 $126,080 $370,026 $239,975 $95,869 $171,315 $282,009 $270,133 $792,798 $514,158 $205,404 21 2036 $318,695 $509,339 $487,890 $1,431,882 $956,485 $382,112 $4,086,405 $76,969 $123,012 $117,832 $345,818 $231,004 $92,285 $171,315 $273,795 $262,265 $769,707 $514,158 $205,404 22 2037 $328,256 $509,339 $487,890 $1,431,882 $985,180 $393,576 $4,136,124 $74,092 $114,965 $110,123 $323,195 $222,368 $88,835 $171,315 $265,820 $254,626 $747,289 $514,158 $205,404 23 2038 $338,104 $509,339 $487,890 $1,431,882 $1,014,735 $405,383 $4,187,334 $71,322 $107,443 $102,919 $302,051 $214,055 $85,514 $171,315 $258,078 $247,210 $725,523 $514,158 $205,404 24 2039 $348,247 $509,339 $487,890 $1,431,882 $1,045,177 $417,545 $4,240,081 $68,656 $100,414 $96,186 $282,291 $206,053 $82,318 $171,315 $250,561 $240,010 $704,391 $514,158 $205,404 $5,716,485 $11,205,458 $10,733,589 $30,069,526 $17,156,612 $6,854,005 $0 $81,735,675 $2,483,315 $5,365,761 $5,139,806 $12,665,024 $7,453,055 $2,977,469 $3,945,373 $8,131,428 $7,789,008 $20,199,463 $11,841,059 $4,730,461 $36,084,430 $56,636,793 cost ben summary co2 savings $920,932 $ 920,932 check summary $37,005,362 $57,557,725 GHG Reduction to traffic improvements due to avialability of Rail service = Metric Tons Annual Social benefit of reduced accidents ( from Collision costs worksheet) $ 997,229 Detailed Benefits before SCC Reductions due to modal change to rail Total Benefits before SCC PV PV *this will be added on the summary page Assumptions Sum of PV Sum of PV See Fuel savings above ---PAGE BREAK--- Detailed Savings Year # Year Rate of growth Total Tons Tons/ truck # Trucks Travel distance in Miles RT/ truck Total Truck Miles Total Ton miles Total Gallons of Truck Fuel used Tons/ barge # barges Travel distance RT in Miles/ barge Total Barge Miles Total Ton miles Total Gallons of Rail Fuel used Total Miles Total tons miles Total Fuel used in Gallons on Current Routing Reduction of 520 truck miles per truck of trucks Reduction in total gallons of fuel used by Truck Reduction in total Truck ton miles Reduction of 930 miles per barge of barge Reduction in total gallons of fuel used by Barge Reduction in total barge ton miles Tons/ railcar # railcars Total Additional rail ton miles Increased Travel distance in Miles/ railcar Total additional Rail Miles Total Additional Gallons of Rail Fuel used Reduction in miles Reduction in Ton miles Net Reduction in gallons of fuel used Reduction in operation cost based upon differential rate/ mile rail vs truck Total reduction in mode ton miles Total gallons save by moving cargo by rail vs truck Fuel savings due to modal change to rail Co2 savings@ 20 lbs/ gal CO2 in MT Social cost of Carbon Total $ saved in Social cost of Carbon +E*D10 25.86 +C/+D 624 Total tons * miles 6 mpg) 1500 930 +L * +M Total tons * miles See Q24 +I +P +R 520 mpg * miles 930 100 C/ W9 =+Y10*Z10*AB10 1292 $ 0.071 miles +O-H @$2.731 / gal +AH*20 lbs +AJ/2240 MT only OW, empty back 6 only OW, empty back 2005 ok 2006 2007 2008 2009 2010 $ 39.00 2011 $ 40.00 2012 $ 41.00 2013 ok - - 0 $ 43.00 2014 77,580 3,000 624 1,872,000 48,409,920 312,000 51.7 930 48,100 72,149,400 125,259 1,920,100 120,559,320 437,259 - 0 $ 44.00 $0 Base Year 2015 0 77,580 3,000 624 1,872,000 48,409,920 312,000 51.7 930 48,100 72,149,400 125,259 1,920,100 120,559,320 437,259 - - $ - - - - 0 $ 45.00 $0 2015 0 1 2016 0 77,580 3,000 624 1,872,000 48,409,920 312,000 51.7 930 48,100 72,149,400 112,733 1,920,100 120,559,320 424,733 - - $ - - - - 0 $ 46.00 $0 2016 1 1 year facility opens2 2017 77,580 3,000 624 1,872,000 48,409,920 312,000 51.7 930 48,100 72,149,400 112,733 1,920,100 120,559,320 424,733 1,560,000 126,068 20,170,800 48,100 112,733 72,149,400 776 (100,233,360) -1292 (1,002,334) (156,615) 605,766 (7,913,160) 82,186 $ 561,834 (7,913,160) 82,186 $224,451 1,643,726 734 $ 47.00 $34,489 2017 2 2 3 2018 77,580 3,000 624 1,872,000 48,409,920 312,000 51.7 930 48,100 72,149,400 112,733 1,920,100 120,559,320 424,733 1,560,000 126,068 20,170,800 48,100 112,733 72,149,400 776 (100,233,360) -1292 (1,002,334) (156,615) 605,766 (7,913,160) 82,186 $ 561,834 (7,913,160) 82,186 $224,451 1,643,726 734 $ 49.00 $35,957 2018 3 3 4 2019 3% 79,907 3,090 624 1,928,160 49,862,218 321,360 53.3 930 49,543 74,313,882 116,115 1,977,703 124,176,100 437,475 1,606,800 129,850 20,775,924 49,543 116,115 74,313,882 799 (103,240,361) -1292 (1,032,404) (161,313) 623,939 (8,150,555) 84,652 $ 578,689 (8,150,555) 84,652 $231,184 1,693,038 756 $ 51.00 $38,547 2019 4 4 5 2020 3% 82,305 3,183 624 1,986,005 51,358,084 331,001 54.9 930 51,029 76,543,298 119,599 2,037,034 127,901,383 450,600 1,655,004 133,745 21,399,202 51,029 119,599 76,543,298 823 (106,337,572) -1292 (1,063,376) (166,152) 642,657 (8,395,071) 87,191 $ 596,050 (8,395,071) 87,191 $238,120 1,743,829 778 $ 52.00 $40,482 2020 5 5 6 2021 3% 84,774 3,278 624 2,045,585 52,898,827 340,931 56.5 930 52,560 78,839,597 123,187 2,098,145 131,738,424 464,118 1,704,654 137,757 22,041,178 52,560 123,187 78,839,597 848 (109,527,699) -1292 (1,095,277) (171,137) 661,937 (8,646,924) 89,807 $ 613,932 (8,646,924) 89,807 $245,263 1,796,144 802 $ 52.00 $41,696 2021 6 6 7 2022 3% 87,317 3,377 624 2,106,952 54,485,791 351,159 58.2 930 54,137 81,204,785 126,882 2,161,089 135,690,577 478,041 1,755,794 141,890 22,702,413 54,137 126,882 81,204,785 873 (112,813,530) -1292 (1,128,135) (176,271) 681,795 (8,906,331) 92,501 $ 632,350 (8,906,331) 92,501 $252,621 1,850,028 826 $ 54.00 $44,599 2022 7 7 8 2023 3% 89,936 3,478 624 2,170,161 56,120,365 361,694 60.0 930 55,761 83,640,929 130,689 2,225,922 139,761,294 492,382 1,808,468 146,147 23,383,485 55,761 130,689 83,640,929 899 (116,197,936) -1292 (1,161,979) (181,559) 702,249 (9,173,521) 95,276 $ 651,320 (9,173,521) 95,276 $260,200 1,905,529 851 $ 55.00 $46,788 2023 8 8 9 2024 3% 92,635 3,582 624 2,235,266 57,803,976 372,544 61.8 930 57,433 86,150,157 134,610 2,292,699 143,954,133 507,154 1,862,722 150,531 24,084,990 57,433 134,610 86,150,157 926 (119,683,874) -1292 (1,196,839) (187,006) 723,316 (9,448,727) 98,135 $ 670,860 (9,448,727) 98,135 $268,006 1,962,695 876 $ 56.00 $49,067 2024 9 9 10 2025 3% 95,414 3,690 624 2,302,324 59,538,095 383,721 63.6 930 59,156 88,734,661 138,648 2,361,480 148,272,757 522,369 1,918,603 155,047 24,807,540 59,156 138,648 88,734,661 954 (123,274,390) -1292 (1,232,744) (192,616) 745,016 (9,732,189) 101,079 $ 690,985 (9,732,189) 101,079 $276,046 2,021,576 902 $ 57.00 $51,442 2025 10 10 11 2026 3% 98,276 3,800 624 2,371,394 61,324,238 395,232 65.5 930 60,931 91,396,701 142,807 2,432,325 152,720,940 538,040 1,976,161 159,699 25,551,766 60,931 142,807 91,396,701 983 (126,972,622) -1292 (1,269,726) (198,395) 767,366 (10,024,154) 104,111 $ 711,715 (10,024,154) 104,111 $284,328 2,082,223 930 $ 58.00 $53,915 2026 11 11 12 2027 3% 101,224 3,914 624 2,442,535 63,163,965 407,089 67.5 930 62,759 94,138,602 147,092 2,505,294 157,302,568 554,181 2,035,446 164,489 26,318,319 62,759 147,092 94,138,602 1012 (130,781,800) -1292 (1,307,818) (204,347) 790,387 (10,324,879) 107,234 $ 733,066 (10,324,879) 107,234 $292,857 2,144,690 957 $ 60.00 $57,447 2027 12 12 13 2028 3% 104,261 4,032 624 2,515,811 65,058,884 419,302 69.5 930 64,642 96,962,760 151,504 2,580,453 162,021,645 570,806 2,096,510 169,424 27,107,869 64,642 151,504 96,962,760 1043 (134,705,254) -1292 (1,347,053) (210,477) 814,099 (10,634,625) 110,452 $ 755,058 (10,634,625) 110,452 $301,643 2,209,031 986 $ 61.00 $60,157 2028 13 13 14 2029 3% 107,389 4,153 624 2,591,286 67,010,651 431,881 71.6 930 66,581 99,871,643 156,049 2,657,867 166,882,294 587,930 2,159,405 174,507 27,921,105 66,581 156,049 99,871,643 1074 (138,746,412) -1292 (1,387,464) (216,791) 838,522 (10,953,664) 113,765 $ 777,710 (10,953,664) 113,765 $310,692 2,275,302 1016 $ 62.00 $62,977 2029 14 14 15 2030 3% 110,611 4,277 624 2,669,024 69,020,970 444,837 73.7 930 68,579 102,867,793 160,731 2,737,603 171,888,763 605,568 2,224,187 179,742 28,758,738 68,579 160,731 102,867,793 1106 (142,908,804) -1292 (1,429,088) (223,295) 863,677 (11,282,274) 117,178 $ 801,041 (11,282,274) 117,178 $320,013 2,343,561 1046 $ 63.00 $65,913 2030 15 15 16 2031 3% 113,929 4,406 624 2,749,095 71,091,600 458,183 76.0 930 70,636 105,953,826 165,553 2,819,731 177,045,426 623,735 2,290,913 185,134 29,621,500 70,636 165,553 105,953,826 1139 (147,196,068) -1292 (1,471,961) (229,994) 889,588 (11,620,742) 120,693 $ 825,073 (11,620,742) 120,693 $329,614 2,413,867 1078 $ 63.00 $67,890 2031 16 16 17 2032 3% 117,347 4,538 624 2,831,568 73,224,348 471,928 78.2 930 72,755 109,132,441 170,519 2,904,323 182,356,789 642,447 2,359,640 190,688 30,510,145 72,755 170,519 109,132,441 1173 (151,611,950) -1292 (1,516,120) (236,894) 916,275 (11,969,365) 124,314 $ 849,825 (11,969,365) 124,314 $339,502 2,486,283 1110 $ 65.00 $72,147 2032 17 17 18 2033 3% 120,867 4,674 624 2,916,515 75,421,078 486,086 80.6 930 74,938 112,406,414 175,635 2,991,453 187,827,492 661,721 2,430,429 196,409 31,425,449 74,938 175,635 112,406,414 1209 (156,160,309) -1292 (1,561,603) (244,000) 943,764 (12,328,445) 128,044 $ 875,320 (12,328,445) 128,044 $349,687 2,560,872 1143 $ 66.00 $75,454 2033 18 18 19 2034 3% 124,493 4,814 624 3,004,010 77,683,710 500,668 83.0 930 77,186 115,778,607 180,904 3,081,196 193,462,317 681,572 2,503,342 202,301 32,368,213 77,186 180,904 115,778,607 1245 (160,845,118) -1292 (1,608,451) (251,320) 972,077 (12,698,299) 131,885 $ 901,579 (12,698,299) 131,885 $360,178 2,637,698 1178 $ 67.00 $78,895 2034 19 19 20 2035 3% 128,228 4,959 624 3,094,131 80,014,222 515,688 85.5 930 79,501 119,251,965 186,331 3,173,632 199,266,187 702,020 2,578,442 208,370 33,339,259 79,501 186,331 119,251,965 1282 (165,670,472) -1292 (1,656,705) (258,860) 1,001,239 (13,079,248) 135,841 $ 928,627 (13,079,248) 135,841 $370,983 2,716,829 1213 $ 68.00 $82,475 2035 20 20 21 2036 3% 132,075 5,107 624 3,186,955 82,414,648 531,159 88.0 930 81,886 122,829,524 191,921 3,268,841 205,244,172 723,080 2,655,796 214,621 34,339,437 81,886 191,921 122,829,524 1321 (170,640,586) -1292 (1,706,406) (266,626) 1,031,276 (13,471,625) 139,917 $ 956,485 (13,471,625) 139,917 $382,112 2,798,334 1249 $ 69.00 $86,199 2036 21 21 22 2037 3% 136,037 5,261 624 3,282,563 84,887,088 547,094 90.7 930 84,343 126,514,410 197,679 3,366,906 211,401,497 744,773 2,735,469 221,060 35,369,620 84,343 197,679 126,514,410 1360 (175,759,803) -1292 (1,757,598) (274,625) 1,062,214 (13,875,774) 144,114 $ 985,180 (13,875,774) 144,114 $393,576 2,882,284 1287 $ 71.00 $91,358 2037 22 22 23 2038 3% 140,118 5,418 624 3,381,040 87,433,700 563,507 93.4 930 86,873 130,309,842 203,609 3,467,913 217,743,542 767,116 2,817,534 227,692 36,430,708 86,873 203,609 130,309,842 1401 (181,032,598) -1292 (1,810,326) (282,863) 1,094,081 (14,292,047) 148,438 $ 1,014,735 (14,292,047) 148,438 $405,383 2,968,752 1325 $ 72.00 $95,424 2038 23 23 24 2039 3% 144,322 5,581 624 3,482,471 90,056,711 580,412 96.2 930 89,479 134,219,137 209,717 3,571,951 224,275,849 790,129 2,902,060 234,523 37,523,630 89,479 209,717 134,219,137 1443 (186,463,576) -1292 (1,864,636) (291,349) 1,126,903 (14,720,809) 152,891 $ 1,045,177 (14,720,809) 152,891 $417,545 3,057,815 1365 $ 73.00 $99,652 2039 24 - Total from 2015 for 24 years 19,103,909 2,591,892 $ 17,718,447 (249,555,588) 2,591,892 $7,078,456 51,837,834 23,142 $ 1,432,969 62,780,853 1,623,512,851 Total for 24 years forward 2016-2039 + base 2015 year 49,197,377 3,975,763 636,122,088 1,516,907 3,555,250 2,275,359,776 23,690 (3,060,804,093) 19,103,909 $ 17,718,447 (249,555,588) $ 2,591,892 $ 7,078,456 $ 51,837,834 $ 23,142 $ 1,391 $ 1,432,969 saved on highway Notes: Diesel price: average Rocky Moutains week of 4/27/15 $ 2.73 Value of the trucker's time has not been calculated in this BCA Social cost of Carbon MT rail park assumed to open 1/2018, Estimated loads were developed based on 300 annual rail cars from moving from Lewiston to Seattle with the associated trucks from Lake Co to Lewiston In the future the move would by truck to Kalispell and rail from the Kalispell Rail Park to Seattle. Savings from modal change from Truck to Rail Transportation Grain/ Other On truck from Lake Co ( Polson), MT to Lewiston to barge to PDX Grain/ Other Barge from Lewiston to PDX Reduction in Truck miles with converting to rail from Kalispell Reduction in Barge miles with converting to rail from Kalispell Current mode Grain / other truck to lewiston Current Barge Miles Current Routing a combo truck and Barge ( with truck to Lewiston) Increase in Rail Miles Kalispell to Portland with conversion of current trucks delivering to Kalispell not Lewiston,ID Change due to conversion to delivery to Kalispell Rail Park vs. Lewiston, ID Calculation of Fuel savings SCC Calculations at 3% Railroad opens 1/1/2017 ---PAGE BREAK--- Collision Costs Page 8 Collision Type Current est. accident costs AIS Level Severity Fraction of VSL Unit value ($2013)* Conversation of Montana Traffic Accident Count by KABCO Current Annual social cost of Accidents Estimated reduction in injuries by 70 % per Insurance Inst for Highway Estimated Annual accident costs savings AIS 0 no injury $0 $0 AIS 1 Minor 0.003 $28,200 $0 $0 $0 AIS 2 Moderate 0.047 $441,800 $0 $0 $0 AIS 3 Serious 0.105 $987,000 $0 $0 $0 AIS 4 Severe 0.266 $2,500,400 $0 $0 $0 AIS 5 Critical 0.593 $5,574,200 $0 $0 $0 AIS 6 reduction VMT Unsurvivable 1.000 $9,400,000 0.051903 0 $487,890 $341,523 $487,890 AIS 6 due to crossing closure Unsurvivable 1.000 $9,400,000 0.054185 0 $509,339 $356,537 $509,339 Property Damage Only $3,285 $0 $0 $0 $997,229 $698,061 $997,229 *TIGER BENEFIT-COST ANALYSIS (BCA) RESOURCE GUIDE updated 3/27/2015 annual savings Montana Traffic Fatalities Per 100 Million miles traveled on Roads 2.11 Annual Total Truck miles reduced over the 22 years 49,197,377 /22 2,459,869 Total Truck miles divided by 100 million miles 0.491973773 0.024598689 Estimated Fatalities Per 100 miles travel based upon Montana's experience 1.04 0.051903233 2013 Unsurvivable value $9,400,000 Annual life savings based upon reduced truck mileage $487,890.39 1.14 22 $10,733,589 Crossing MP City County Rank within County with 33 crossings Predictive Collision Train Speed # Tracks AADT Lanes 059375E 1226.70 Meridian Rd Kalispell Flathead 22 0.009105 10 mph 1 Main 10482 2 059374X 1226.30 5th Ave NW Kalispell Flathead 21 0.008358 10 mph 1 Main 7611 2 059373R 1226.10 Main St ((US 93) Kalispell Flathead 4 0.021198 5 mph 1 Main 25833 5 099099N 1225.93 1st Ave E (US723) Kalispell Flathead 33 0.000145 10 mph 2 Main 6409 3 059372J 1225.79 3rd Ave NE Kalispell Flathead 23 0.007626 10 mph 1 Main + 1 5422 4 059371C 1225.70 4th Ave NE Kalispell Flathead 24 0.007753 10 mph 1 Main 5761 2 Six crossings have an annual predictive collision rate of 0.054185 Total Predictive Collisions 0.054185 20 yrs 1.0837 20 yrs $ 10,186,780 years after opening in yr 3. Conversion of Collision statistics based upon 100 Million miles travel by truck Average for Effect on Accidents with conversion to rail Conversion of Collision statistics based upon 100 Million miles travel by truck Total lives saved over 22 years Dollars saved RAILROAD CROSSING SAFETY Road post abandment and trail construction ---PAGE BREAK--- Collision Costs Page 9 Source: http://safetydata.fra.dot.gov U.S. DOT-Crossing inventory information as of 4/28/2015 http://safetydata.fra.dot.gov/webaps/default.aspx ---PAGE BREAK--- Year Truck Miles saved Maintenance rate/ mile Total savings No Build Total Miles No Build Total Maintenance Cost Decrease in Maintenance Costs with full conversation to rail of the grain shipments $ 0.12 2014 - $ 0.12 - 1,872,000 $ 224,640 $ - 2015 - $ 0.12 - 1,872,000 $ 224,640 2016 - $ 0.12 - 1,872,000 $ 224,640 2017 1,560,000 $ 0.12 187,200 1,872,000 $ 224,640 $ 187,200 2018 1,560,000 $ 0.12 $ 187,200 1,872,000 $ 224,640 $ 187,200 2019 1,606,800 $ 0.12 $ 192,816 1,928,160 $ 231,379 $ 192,816 2020 1,655,004 $ 0.12 $ 198,600 1,986,005 $ 238,321 $ 198,600 2021 1,704,654 $ 0.12 $ 204,558 2,045,585 $ 245,470 $ 204,558 2022 1,755,794 $ 0.12 $ 210,695 2,106,952 $ 252,834 $ 210,695 2023 1,808,468 $ 0.12 $ 217,016 2,170,161 $ 260,419 $ 217,016 2024 1,862,722 $ 0.12 $ 223,527 2,235,266 $ 268,232 $ 223,527 2025 1,918,603 $ 0.12 $ 230,232 2,302,324 $ 276,279 $ 230,232 2026 1,976,161 $ 0.12 $ 237,139 2,371,394 $ 284,567 $ 237,139 2027 2,035,446 $ 0.12 $ 244,254 2,442,535 $ 293,104 $ 244,254 2028 2,096,510 $ 0.12 $ 251,581 2,515,811 $ 301,897 $ 251,581 2029 2,159,405 $ 0.12 $ 259,129 2,591,286 $ 310,954 $ 259,129 2030 2,224,187 $ 0.12 $ 266,902 2,669,024 $ 320,283 $ 266,902 2031 2,290,913 $ 0.12 $ 274,910 2,749,095 $ 329,891 $ 274,910 2032 2,359,640 $ 0.12 $ 283,157 2,831,568 $ 339,788 $ 283,157 2033 2,430,429 $ 0.12 $ 291,652 2,916,515 $ 349,982 $ 291,652 2034 2,503,342 $ 0.12 $ 300,401 3,004,010 $ 360,481 $ 300,401 2035 2,578,442 $ 0.12 $ 309,413 3,094,131 $ 371,296 $ 309,413 2036 2,655,796 $ 0.12 $ 318,695 3,186,955 $ 382,435 $ 318,695 2037 2,735,469 $ 0.12 $ 328,256 3,282,563 $ 393,908 $ 328,256 2038 2,817,534 $ 0.12 $ 338,104 3,381,040 $ 405,725 $ 338,104 2039 2,902,060 $ 0.12 $ 348,247 3,482,471 $ 417,897 $ 348,247 49,197,377 $ 5,903,685 $ 5,903,685 Decreased road maintenance due to construction of Phase II and conversion to rail ---PAGE BREAK--- Collision Type Current est. accident costs Effect on Accidents with addition of trail AIS Level Severity Fraction of VSL Unit value ($2013)* Conversation of Montana Traffic Trips Current Annual social cost of Accidents Estimated Annual accident costs savings AIS 6 reduction conflict of pedestrian and vehicles by building the trail Unsurvivable 1.000 $9,400,000 0.152328 $1,431,882 $1,431,882 $1,431,882 $1,431,882 *TIGER BENEFIT-COST ANALYSIS (BCA) RESOURCE GUIDE updated 3/27/2015 annual savings Kalispel Traffic Fatalities Per 1 Million trips traveled 0.0435 Annual Total Potential vehicle Trip/ pedestrian interactions reduced over the 25 years 87,472,506 /25 3,498,900 Total Total trips divided by 1 million trips 87.472506423 3.498900257 Estimated Fatalities Per 1 million trips travel based upon Kalispell's experience 3.81 0.152327891 2013 Unsurvivable value $9,400,000 $1,431,882 3.35 $31,501,408 Conversion of Collision statistics based upon 100 Million miles travel by truck Conversion of Collision statistics based upon Daily Average Trips in the Center St. in Downtown Core Annual life savings based upon reduced trips Total lives saved over 20 years after completion of the trail Dollars saved ---PAGE BREAK--- Gallons & MT CO2 Total gallons save by reduction in modal shift Fuel savings due to reduced VMT CO2 Reduced (Metric Tons) @$2.731 / gal 2015 - $0 2016 - $0 2017 82,186 $328,745 2018 82,186 $224,[PHONE REDACTED] 84,652 $231,[PHONE REDACTED] 87,191 $238,[PHONE REDACTED] 89,807 $245,[PHONE REDACTED] 92,501 $252,[PHONE REDACTED] 95,276 $260,[PHONE REDACTED] 98,135 $268,[PHONE REDACTED] 101,079 $276,[PHONE REDACTED] 104,111 $284,[PHONE REDACTED] 107,234 $292,[PHONE REDACTED] 110,452 $301,[PHONE REDACTED] 113,765 $310,692 1,016 2030 117,178 $320,013 1,046 2031 120,693 $329,614 1,078 2032 124,314 $339,502 1,110 2033 128,044 $349,687 1,143 2034 131,885 $360,178 1,178 2035 135,841 $370,983 1,213 2036 139,917 $382,112 1,249 2037 144,114 $393,576 1,287 2038 148,438 $405,383 1,325 2039 152,891 $417,545 1,365 Total 2,591,892 $7,182,751 22,408 Notes: Diesel price: average Rocky Mountains week of 4/27/2015 (all grades) Source: http://www.eia.gov/dnav/pet/pet_pri_gnd_dcus_r40_w.htm The Rail Park is assumed to open 1/2018 $2.73 average price Gallons and CO2 MT Saved due to shift in mode Year ---PAGE BREAK--- Phase I-a Phase I-b Phase I-c Phase II Total Planning Property Purchase/ PE/ENV Final Engineering Construction Total Total Total Total Project to date Planning $ 331,000 $ - $ - $ - $ 331,000 Property Purchase/ PE $ 1,042,081 $ - $ 1,042,081 Environmental- does not include City in-kind $ - Engineering $ 705,000 $ - $ 705,000 $ - $ - Trail $ 4,705,910 $ 4,705,910 Road and Rail $ 15,469,464 $ 15,469,464 $ - Risk Management $ 1,000,000 $ 1,000,000 $ - Subtotal Construction $ 331,000 $ 1,042,081 $ 705,000 $ 21,175,374 $ 23,253,455 Total Cost $ 331,000 $ 1,042,081 $ 705,000 $ 21,175,374 $ 23,253,455 ok $ 21,880,374 Glacier Rail Park/Kalispell Core Area Development and Trail Project Total Project Cost Description ---PAGE BREAK--- Asset Expected Life Total Project Cost Remaining Life Proporation at 20 years after project completed Remaining Capital Value Crossing Construction 80 $ - 75% $ - Rail and Road 100 $ 19,191,455 78% $ 14,969,335 Trail 30 $ 4,062,000 60% $ 2,437,200 $ 17,406,535 The remaining capital value when rounding is $ 23,253,455 $ 17,406,535 0.566666667 17 Remaining Capital Value of Glacier Rail Park/Kalispell Core Area Development and Trail Project ---PAGE BREAK--- Year Total ton miles on rail after opening of rail park saving / mile Reduction in operation cost based upon differential rate/ mile rail vs truck Portland, OR $ 0.071 2014 $ 0.071 2015 $ 0.071 2016 $ 0.071 2017 7,913,160 $ 0.071 $ 561,834 2018 7,913,160 $ 0.071 $ 561,834 2019 8,150,555 $ 0.071 $ 578,689 2020 8,395,071 $ 0.071 $ 596,050 2021 8,646,924 $ 0.071 $ 613,932 2022 8,906,331 $ 0.071 $ 632,350 2023 9,173,521 $ 0.071 $ 651,320 2024 9,448,727 $ 0.071 $ 670,860 2025 9,732,189 $ 0.071 $ 690,985 2026 10,024,154 $ 0.071 $ 711,715 2027 10,324,879 $ 0.071 $ 733,066 2028 10,634,625 $ 0.071 $ 755,058 2029 10,953,664 $ 0.071 $ 777,710 2030 11,282,274 $ 0.071 $ 801,041 2031 11,620,742 $ 0.071 $ 825,073 2032 11,969,365 $ 0.071 $ 849,825 2033 12,328,445 $ 0.071 $ 875,320 2034 12,698,299 $ 0.071 $ 901,579 2035 13,079,248 $ 0.071 $ 928,627 2036 13,471,625 $ 0.071 $ 956,485 2037 13,875,774 $ 0.071 $ 985,180 2038 14,292,047 $ 0.071 $ 1,014,735 2039 14,720,809 $ 0.071 $ 1,045,177 249,555,588 $ 17,718,447 Decreased Operational Costs due to construction of Phase II and coversion to rail in Kalispell, MT ---PAGE BREAK--- Amount in Millions Status $ 0.5 Committed $ 6.2 Committed $ 4.5 Committed $ 21.2 $ 10.0 Requested $ 21.2 $10.0 47% $11.2 53% $21.2 100% in Millions $19.5 92% $1.1 5% $0.6 3% $21.2 100% Project Funding Phase II in Millions % TIGER VII Request $10.0 47% Local Match $11.2 53% $21.2 100% Glacier Rail Park/Kalispell Core Area Development and Trail Project Phase II Funding Sources Purpose BNSF Construction FCEDA Construction City of Kalispell Construction TIGER VII Request Construction Total Project Funding for Phase II Total Project Cost Total Federal Total Local Total Project Funding for Phase II Glacier Rail Park/Kalispell Core Area Development and Trail Project Project Budget Phase II CN FE/ CN Engineering Management and Inspection Total Cost ---PAGE BREAK--- Rail Park Project Schedule Task Rail Park- Trail Project Schedule and Task Details Approved/Complete REVIEW-Rail Park Categorical Exclusion Worksheet (FRA) Apr-15 APPROVAL-Preliminary Rail Design & Operation Plan (BNSF) Apr-15 APPROVAL-Traffic Design Concept and Location (Montana DOT) COMPLETED-Construction Documents for Rail Park Jun-15 SUBMITTED-Trail Categorical Exclusion Worksheet (USDOT) Sep-15 Approval-Water Design (City of Kalispell and Montana DEQ) Approval-Sewer and Storm Water Design (City of Kalispell and Montana DEQ) APPROVAL-Traffic Design Construction Documents (Montana DOT) BID-Construction of Rail Park Sep-15 RECEIVE- Notice of Award from the US DOT Sep-15 SIGN- Lease with CHS Sep-15 BEGIN- Rail Abandonment and Rail Banking Process Sep-15 RECEIVE- TIGER VII funds from US DOT Jan-16 SIGNED-Rail Park Construction Contract Feb-16 BEGIN-Rail Park Construction Mar-16 BEGIN-CHS Facility Construction Mar-16 COMPLETE- Environmental Site Assessments for Trail Jul-16 COMPLETE-Construction of Rail Park Dec-16 COMPLETE-CHS Facility Construction and Relocation Dec-16 Rail Park opens Jan 17 COMPLETE- Rail Abandonment and Rail Banking Process Jan-17 COMPLETE-Trail Property Acquisition Feb-17 COMPLETE-Final Design and Construction Documents for Trail Feb-17 BID-Construction Costs of Trail Mar-17 AWARD- Contract for Trail Construction May-17 OBLIGATED- All TIGER Funds Jun-17 REMOVE Track Jun-17 TRAIL Construction (180 days) July 2017 – June 2018 COMPLETE- Complete Street Extensions and Upgrade Pedestrian Crossings Jun-18 2015 2016 2017 2018 Planning/ PE Environmental- Trail FE Rail Park Construction Trail Construction 17 Months Construction 42 Months Construction 42 Apr-15 Jun-15 Sep-15 Sep-15 ---PAGE BREAK--- Year Quarter # Jobs $ 1,241,081 2015 Q1 0 $ 741,000 2016 2017 2018 Total Q2 0 Q1 201 0 88 Q3 0 $ - Q2 201 0 88 Q4 0 $ - Q3 201 62 0 2016 Q1 201 Q4 201 62 0 Q2 201 $ 15,469,464.00 5 Capital Spending in Mill. $ 15.5 $ 2.4 $ 3.4 $ 21.2 Q3 201 Q4 201 2017 Q1 0 Q2 0 $ 2,352,955.00 Q3 31 Q4 31 2018 Q1 44 Q2 44 $ 3,352,955.00 42 74.20 Q3 44 Q4 44 2019 Q1 0 Q2 0 $ - Q3 0 Q4 0 2020 Q1 0 Q2 0 $ - Q3 0 Q4 0 2021 Q1 0 Q2 0 0 Q3 0 Q4 0 0 275 275 $ 21,175,374.00 Direct Jobs by Calendar Quarter Total Annual Jobs at $76,900/yr 201 31 44 275 generated during