The Santa Cruz County Regional Transportation Committee (RTC) has released the DRAFT Transit Corridor Alternatives Analysis and Rail Network Integration Study – Business Plan for Electric Passenger Rail on the Santa Cruz Branch Rail Line (Business Plan). The Business Plan is the final component of the Transit Corridor Alternatives Analysis and Rail Network Integration Study (TCAA/RNIS), a yearlong study that analyzed various transit alternatives to identify a locally preferred alternative that provides the greatest benefit to Santa Cruz County residents, businesses, and visitors in terms of the triple bottom line goals of improving the economy, equity, and the environment.
In February, the RTC accepted the TCAA/RNIS that selects Electric Passenger Rail as the locally preferred alternative. The Business Plan was developed in order to provide a guiding document for potential funding and implementation of electric passenger rail on the Santa Cruz Branch Rail Line. The 25-year Business Plan includes cost estimation, an implementation plan, a project financing and revenue plan, a funding strategy including a cash flow analysis, and risk identification and mitigation factors.
The Business Plan will be presented to the RTC for review, input, and acceptance at the April 1, 2021 RTC meeting.
For more information on the Transit Corridor Alternatives Analysis, visit https://sccrtc.org/projects/multi-modal/transitcorridoraa/.