Regional Rail Feasibility Study Scope of Work Outline

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Regional Rail Feasibility Study Scope of Work
Outline
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The feasibility study must focus on the use of
existing rail lines in the following geographic
corridors

• Huntington to Charleston
• Morgantown to Clarksburg
• Bluefield/Princeton to Beckley
• Eastern Panhandle
• Northern Panhandle

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Market Analysis

• Potential local and regional rider ship
• Site standards and identification for potential
  terminals and parking venues located along the
  existing rail with connectivity to the major
  highway infrastructure in the corridor

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Market Analysis

• Impact of identifying regional rail lines to
  existing rail operations

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The economic impact of the development of a
regional rail system to both the region and the
state

• Potential job creation for region
• Potential impact on property values

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Terminal site selection recommendations

• Along existing rail lines
• Associated with major highway infrastructure

• Greenfield versus Brownfield
• Cost to acquire

• Size

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Financial strategies

• Facility site pre-engineering and design to
  develop cost
• State Investment options
• Federal Investment options

• Bonds
• TIF
• PPP

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Sustainability of Operations strategies

• Public
• Quasi-public
• Public/Private
• Private