Dulles Corridor Metrorail Project

23-mile new Metrorail line branching off the Orange Line after East Falls Church

11 new stations 5 in Phase 1: East Falls

Church to Wiehle Avenue in Reston

6 in Phase 2: Wiehle Avenue through Dulles International Airport to Ashburn

Seamless integration with current 106-mile Metrorail system

http://www.dullesmetro.com1

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Funding for the Dulles Metrorail Project

Cost Sharing for the Dulles Metrorail Project – Phase 1 Fairfax County - 15% (Phase I Metrorail Tax District – $400 million cap) Metropolitan Washington Airports Authority –41% (tolls) Federal Government – 34% State – 10% (VA Transportation Act, State bonds and Surface Transportation Program (“STP”) funding*)

Phase 1: Dulles Rail Transportation Improvement District Approved and established by the Fairfax County Board of Supervisors in February, 2004 Rate: $.22 per $100 assessed value

Phase 2: Western Alliance for Rail to Dulles (“WARD”) Approved on December 15, 2009 Initial tax rate: 5 cents per $100 valuation in 2010; 10 cents per $100 valuation in 2011; 15 cents per $100

valuation in 2012; and 20 cents per $100 valuation beginning in 2013 and continuing until rail service is operational at all 3 stations

Ultimate tax rate: projected to be 25 cents per $100 valuation Tax rate cap: 40 cents per $100 valuation

Toll Road Increases The Metropolitan Washington Airports Authority voted on a proposal to increase tolls on November 4, 2009

Effective January 1, 2010, $1.00 for vehicles with 2 axles Effective January 1, 2011, $1.25 for vehicles with 2 axles Effective January 1, 2012, $1.50 for vehicles with 2 axles

* “STP” Funding - Flexible funding for transportation spending under the American Recovery and Reinvestment Act.

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Overlapping Taxes

Phase 1 Metrorail Tax District $.22 per $100 assessed value

Phase 2 Metrorail Tax District 5 cents per $100 valuation in 2010, to increase by 5 cents each year Beginning in 2013 and continuing until rail service is operational at all 3 stations, it will be 20 cents per

$100 valuation Ultimate tax 25 cents per $100 valuation Only in Fairfax County, although Loudoun County is talking about implementing a rail tax district

Route 28 Tax District $.18 per $100 assessed value Both Fairfax and Loudoun Counties

C & I Tax (commercial and industrial property tax) $.11 per $100 assessed value HB 3202 allows rate of up to $0.25 per $100 of assessed value Revenues generated by any such additional commercial and industrial real property tax are to be used

exclusively for transportation purposes that benefit the locality Does not apply to residential property

Real Estate Property Tax The base real estate tax rate in Fairfax County for 2010 (FY 2011) has been set at $1.09 per $100 of

assessed value

http://www.fairfaxcounty.gov/dta/realestatetax_specialtaxdis.htm

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Construction Schedule

Phase 1 Metrorail July, 2004: commenced engineering May, 2008: commenced final design June, 2008: commenced utility relocation March, 2009: FFGA approved for Phase 1; Notice to Proceed (“NTP”) issued to design-build

contractors July, 2013: Phase 1 substantial completion December, 2013: begin service to Wiehle

Phase 2 Metrorail July, 2009: issued RFP for preliminary engineering January, 2010: commenced preliminary engineering Fenruary, 2011: preliminary engineering completed Summer, 2011: issue RFP for design-build contract January, 2012: issue NTP to design-build contractors December, 2016: full project substantial completion; commence service to Route 772

HOT Lanes 2007 – 2009: design and engineering Spring 2008: design public hearing 2008 – 2010: right of way activity 2008 – 2010: utility relocation 2008 – 2012: bridge construction Summer 2008-2011: construct 4 new outer lanes and demonlish/rebuild all Belway interchanges 2011-2012: shift Beltway traffic into new outer lanes and construct HOT lanes on inner lanes 2013: HOT lanes open 5

Dulles Corridor Metrorail Project

A Year of Dulles Rail Construction Progresses

The tunnel that will carry Metrorail between Routes 7 and 123 in Tysons Corner

Routes 7 and 123

West Cut and Tunnel Cover at Route 7

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Route 123 and the Dulles Toll Road

(Tysons East)

Route 123 at I-495 10

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Major Regional Transportation Improvements

Major Regional Transportation Improvements

Metro Rail to Tysons and Dulles Airport

Rail to Tysons by 2013

Rail to Dulles Airport by 2016

$5.0+ billion to Dulles

Springfield Interchange- $676 million

Route 28 Improvements- $400 million

Beltway HOT Lanes - $900 million

Woodrow Wilson Bridge - $2.4 billion