GEIGER SPUR RAIL GEIGER SPUR RAIL PROJECTPROJECT

Spokane County, WashingtonSpokane County, Washington

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► 5-mile in West Spokane County; connects industrial 5-mile in West Spokane County; connects industrial area to BNSF mainlinearea to BNSF mainline

► Historically served Spokane International Airport and Historically served Spokane International Airport and Fairchild AFB; FAFB security concernsFairchild AFB; FAFB security concerns

► BNSF planned to abandon spur in 2004; loss of 400 BNSF planned to abandon spur in 2004; loss of 400 jobsjobs

► Geiger Spur donated to Spokane County in Oct 2004Geiger Spur donated to Spokane County in Oct 2004► Spokane County realignment complete in 2007Spokane County realignment complete in 2007

Geiger Spur

Geiger Spur Current AlignmentGeiger Spur Current Alignment

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Geiger Spur

PCC Short-line

BNSF Mainline

Geiger Spur RealignmentGeiger Spur Realignment

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Economic Development Economic Development GoalsGoals

► Immediate: Retain 400 jobs and 5 rail-Immediate: Retain 400 jobs and 5 rail-dependent manufacturersdependent manufacturers

► Planned: Create 5000 – 7000 new jobs in Planned: Create 5000 – 7000 new jobs in Spokane County; advanced international Spokane County; advanced international freight logistics hub freight logistics hub (air/rail/truck/logistics/telecom)(air/rail/truck/logistics/telecom)

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Economic Impact AnalysisEconomic Impact Analysis► Current economic impact of Geiger Spur:Current economic impact of Geiger Spur:

$67 million/yr in local economy (4.7/acre)$67 million/yr in local economy (4.7/acre) 400 manufacturing jobs400 manufacturing jobs $6.7 million/yr local and state tax revenues$6.7 million/yr local and state tax revenues

► Potential economic impact of Geiger Spur Potential economic impact of Geiger Spur build-out:build-out: $773 million/yr in local economy (10/acre)$773 million/yr in local economy (10/acre) 5000-7000 manufacturing / logistics jobs5000-7000 manufacturing / logistics jobs $77 million/yr local and state tax revenues$77 million/yr local and state tax revenues