At the first open house in Anchorage, the emphasis will be on projects located in Anchorage, Southcentral Alaska and system-wide, including:
· Ship Creek Intermodal Transportation Center (Phase Two).
· Ship Creek Security Fencing.
· Rail Capacity Improvements, Anchorage Yard (MP 114) to
Airport Spur (MP 110).
· Historic Freight Shed LEED-certified Office Space Renovation
(an Alaska first).
· Southcentral Alaska Commuter Rail Study Update.
· Port MacKenzie Rail Extension.
· Positive Train Control (Collision Avoidance System).
· Wheel Impact Load Detector.
· Bridge and Track Replacements and Rehabilitation.
The new self-propelled diesel multiple unit (DMU) railcar will be on display at the Anchorage event.
The Anchorage event is the first in a series of POP Open House events. Open Houses are scheduled in Wasilla, with emphasis on projects located in and around the Mat-Su Valley and Southcentral Alaska, in Fairbanks, where emphasis will be on projects located in Interior Alaska, and Seward, where emphasis will be on projects located in and around Seward and Southcentral Alaska.
The Alaska Railroad has budgeted approximately $43.1 million in new spending for capital improvements in 2010. About $14.3 million will come from Federal Transit Administration grants. This amount includes a required nine-percent matching contribution from the Alaska Railroad. In addition to FTA grant match, ARRC will spend another $19.1 million toward internally-funded capital projects using revenues generated from passenger, freight and real estate activity.
Finally, the railroad will spend about $9.7 million of funds generated from the sale of revenue bonds that were sold in 2006 and 2007. Bonds are repaid with FTA formula fund appropriations.