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Cost Estimate & Funding Approach <br />• Cost estimate in the Environmental Assessment <br />— Design 15% complete <br />— $475 million <br />Cost estimate at entry into Project Development <br />- Design 25% complete <br />— $445 million <br />• Project Development Phase budget: $39.9 M <br />— Combination of Ramsey County and Ramey County <br />Regional. Railroad Authority funding <br />13 <br />Overall Anticipated Funding <br />($44SM) <br />® METRO <br />REMUESERVICE <br />14 AM (D METRO <br />