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Item 4GAgenda Item 4G Resolution No. 09-001 Supporting Rail North Texas: a Primary Rail Legislative Program with Supplemental Roadway Improvements. Ben Thatcher Assistant City Manager Purpose Rail North Texas = regional rail system 251 miles of additional rail lines identified Funding is major challenge Support RTC Priority Legislative Proposal Legislative Proposal Creates a limited Transportation Funding Authority Primarily rail w/some supplemental roadway Funding only, non-construction No bonding authority needed Coordination of regional projects Built by existing transportation authorities County elections by local elected officials and citizen vote Legislative Proposal No additional sales tax Proposed Fee/Tax menu: Vehicle registration fee < $150 per vehicle per year Motor fuels excise tax < $0.10 per gallon Mileage fee < $0.01 per vehicle mile driven Property Tax < $0.05 per $100 appraised value Driver’s license fee < $50 New resident vehicle registration fee < $250 Any one of these funding options may be used but will need voter approval Conclusion Creation of transportation funding area Made up of existing transportation authorities Levee fees/taxes from a menu of authorized options Primarily focused on funding 251 miles of additional rail lines Questions? Ben Thatcher (817) 748 - 8005