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(3) Project costs. Comparative costs were presented in Table ES -1 on page ES -15 of the <br />EA /DEIR, and shown below, to allow for public input and for consideration by the decision - <br />makers prior to taking any action on the proposed project. <br />TABLE ES-1: PRELIMINARY <br />CAPITAL <br />• ST ESTIMATES (IN 2011 $1,000,000) <br />Low High <br />Streetcar <br />Alternative 1 <br />Alternative <br />TSM <br />Annual Revenue Miles <br />$14.5 <br />419,120 <br />Streetcar 1 <br />363,459 <br />$197.4 <br />105,664 <br />$209.7 <br />Streetcar 2 <br />32,656 <br />$217.0 <br />22 <br />$228.1 <br />IDS -1 <br />7 <br />$146.5 <br />$13,282,258 <br />$158.8 <br />I0S -2 <br />$6,110,656 <br />$166.2 <br />$12.51 <br />$177.2 <br />Source: Cordoba Corporation, Santa Ana and Garden Grove Fixed Guideway Corridor Study Draft Alternatives Analysis Report, <br />April 2014, <br />Streetcar Alternatives 1 and 2 include the same two design options for the maintenance facility <br />and the facilities proposed to be constructed on each of these sites are identical. The cost <br />difference between the options is approximately $11 million, and is related to the estimated cost <br />to acquire the right -of -way. Operations & Maintenance Facility Site A would cost approximately <br />$37.4 million and Operations & Maintenance Facility Site B would cost approximately <br />$26.4 million. <br />Operations & Maintenance cost projections are important for assessing cost effectiveness and to <br />conduct financial planning. The TSM bus costs were estimated based on current transit cost <br />information provided by OCTA. The Operations & Maintenance cost projections for the streetcar <br />alternatives were based on operating cost per revenue hour derived from historical Portland and <br />Seattle bus -to- streetcar Operations & Maintenance cost per revenue vehicle hour ratios. These <br />ratios were averaged and applied to the OCTA bus cost per revenue vehicle hour. The estimated <br />Operations & Maintenance cost for each build alternative is summarized in Table ES -2 on page <br />ES -16 and shown below. <br />TABLE ES�2: ANNUAL 0 <br />& M COST ESTIMATES <br />TSM <br />TSM - SARTC to <br />Harbor Route Only <br />Streetcar <br />Alternative 1 <br />Streetcar <br />Alternative 2 <br />Annual Revenue Miles <br />1,061,590 <br />419,120 <br />332,015 <br />363,459 <br />Annual Revenue Hours <br />105,664 <br />35,152 <br />26,364 <br />32,656 <br />Peak Vehicles <br />22 <br />8 <br />6 <br />7 <br />Annual 0 & M Costs <br />$13,282,258 <br />$5,100,000 <br />$4,933,284 <br />$6,110,656 <br />Cost Per Revenue Mile <br />$12.51 <br />1 $12.07 <br />1 $14.86 <br />1 $16.81 <br />Cost Per Revenue Hour <br />$125.70 <br />1 $143.94 <br />1 $187.12 <br />1 $187.12 <br />Source: Cordoba Corporation, Santa Ana and Garden Grove Fixed Guideway Corridor Study Draft Alternatives Analysis Report, <br />April 2014. <br />Santa Ana-Garden Grove Fixed Guideway Project REAIFEIR P a g e154 <br />January 2015 <br />75A -112 <br />