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Gary ThomasPresident/Executive Director

Dallas Area Rapid Transit

DART Rail ExpansionGreen Line

•28 miles

•20 stations

•Longest LRT expansion in North America

The CM/GC Is Involved in…

• Pre-construction design review

• Planning

• Construction services

The CM/GC is Responsible for…

• The subcontractor bidding process

• Submittals

• Schedules

• Safety / quality assurance

Lessons Learned Program• Database searchable by anyone

involved in buildout

• “Lessons Learned Board” of senior management screens and reviews information

Lessons Learned Program helps DART and contractors…

• Find new efficiencies

• Identify issues before they arise

• Continuously build on existing knowledge base

$8 Billion in Current, Planned & Projected TOD

Downtown Plano Station

Mockingbird Station Cedars Station

Victory Station

Big Dividends for Cities and for the State

UNT Study• Estimated state and local tax revenues

associated with TOD: $127 million annually

• Property tax, sales tax, and state tax

ECONOMIC IMPACT Job Creation and Economic Stimulus

$5.6 billion, including prior Green Line expenditures, 2009-14

32,095 job-years of employment (6,400 jobs each year for five years)

$360 million in contract awards to minority and women-owned businesses

University of North Texas study: The DART expansion will generate …

DART Rail ExpansionOrange Line

•9.3 miles

•5 stations

•Design/Build Contract

•Construction underway:Phases 1 & 2

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DART Rail ExpansionBlue Line

•4.5 miles (extension of existing Blue Line)

•One station

•Delivery: Dec. 2012

Lost Decade for Revenue Growth(2000 – 2010)

• 10 years of flat sales tax receipts and lower long-term growth projections…

• …result in:– Sales tax revenues down $3.0 B– Total sources down $8.7 B– Capital spending down $6.4 B– Operating spending down $0.6 B– Debt service costs down $1.6 B

$374$358

$326 $312 $332 $342$371 $389

$416$378 $373

$0

$200

$400

$600

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 P $0

$250

$500

$750

$1,000

$1,250

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Mill

ions

FY09 FP As Amended / FY10 FP

As Approved

FY09 FP As

Approved

March 2010

Projections

Additional Downward Revision: $3.0 B (2011 – 2030)

The Strategic Path

• Reduce operating expenses• Retain talent to accomplish agency goals• Right-size the organization to a new

economic climate

What Does 2013 Look Like?

• Current rail expansion will be completed• Service will be high-level and affordable• New natural-gas buses will be phased in• Existing bondholders are secure• Limited issuance of debt for the following

decade

20-Year Financial Plan • Orange Line to DFW Airport

• Blue Line extension to UNT Dallas campus

Funding mix• Project cost savings

• Restructured debt financing

• Anticipated federal funds

Public-private partnerships

• Hosted a very successful symposium in

2009

• Issued a request for interest

• Received about 50 responses

Regional Transportation CouncilNext Step – March 10, 2011

• RTC anticipates passage of Mobility 2035 Plan

• Includes updates to financial assumptions and project recommendations, including regional rail

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