Document eN39pJbrDGjXM1Q82ZG5Nd3y
To:
Jackson Brossy[jbrossy@nnwo.org]
From: Cameron, Scott
Sent: 2017-06-07T16:38:16-04:00
Importance:
Normal
Subject: Fwd: Info from DOT on rail loans
Received:
2017-06-07T16:38:53-04:00
Per our conversation. Thanks, Scott Scott J. Cameron Acting Assistant Secretary for Water and Science, and Principal Deputy Assistant Secretary for Policy, Management and Budget Office of the Secretary of the Interior Desk 202 208 0969 Cell 202 706 9031
--------- Forwarded message --------From: Cameron, Scott <scott cameron@ios.doi.gov> Date: Wed, Jun 7, 2017 at 2:33 PM Subject: Fwd: Info from DOT on rail loans To: "Palumbo, David" <dpalumbo@usbr.gov>, Deborah Lawler <dlawler@usbr.gov>
David, I forgot if i ever gave you this info from DOT. Thanks, Scott Scott J. Cameron Acting Assistant Secretary for Water and Science, and Principal Deputy Assistant Secretary for Policy, Management and Budget Office of the Secretary of the Interior Desk 202 208 0969 Cell 202 706 9031
From: "Pugliese, Anthony (OST)" <anthony.Pugliese @dotgov> Date: May 2, 2017 at 10:39:24 AM EDT To: "scott cameron@ios.doi.gov" <scott cameron@i os.doi.gov> Subject: re:
Scott,
After talking to some of my colleagues, we believe a RRIF loan could be an useful option in this case. Here's some basic information about the RRIF loans. Please let us know if you would like additional details on any of these points. Jodie
Secured direct loan up to 35 years from substantial completion
LI No minimum project size or loan request
LI Up to 100% of eligible project costs can be funded
Funds drawn as needed
LI Flexible amortization
U Up to 35year term after project completion
U No pre-
payment penalty
Low interest rates
LI Applicants can pledge dedicated revenue streams as collateral
Transparent application process
Eligible RRIF Applicants
LI Railroads
State and local governments
Government sponsored authorities and corporations
Interstate compacts consented to by Congress under section 410(a) of the Amtrak Reform and Accountability Act of 1997
Limited option freight shippers (solely for the purpose of constructing a rail connection
between a plant or facility and a railroad)
Joint ventures that include at least one of the above
Eligible RRIF Projects
Acquire, improve, or rehabilitate intermodal or rail equipment or facilities, including track, components of track, bridges, yards, buildings, shops, and costs related to these activities, including pre construction costs
Develop or establish new railrelated intermodal or railroad facilities
n Refinance outstanding debt incurred for the purposes listed above
LI Reimburse planning and design expenses relating to activities listed above
U TransitOriented Development (December 2019 sunset)
Anthony J. Pugliese
Senior White House Advisor
U.S. Department of Transportation
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E mail Disclaimer: The information contained in this e mail, and in any accompanying documents, may constitute confidential and/or legally privileged
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To:
mark.bonsall@srpnet.com[mark.bonsall@srpnet.com];
Patrick@nantworks.com[Patrick@nantworks.com];
phil.yang@nantworks.com[phil.yang@nantworks.com]; pgordon@cssiah.org[pgordon@cssiah.org]
From: Cameron, Scott
Sent: 2017-07-12T18:49:09-04:00
Importance:
Normal
Subject: Fwd: Info from DOT on rail loans
Received:
2017-07-12T18:49:46-04:00
Gentlemen, It was a pleasure meeting you all today. As promised, below is the information on the DOT railroad loan program that I mentioned in our meeting with Secretary Zinke. This same information was provided to Jackson Brossy of the Navajo Nation.
I will research the correct person for you to talk to at OMB on the government-wide IT discussion, Patrick. Hopefully I can get you that information tomorrow.
Thanks, Scott Scott J. Cameron Acting Assistant Secretary for Water and Science, and Principal Deputy Assistant Secretary for Policy, Management and Budget Office of the Secretary of the Interior Desk 202 208 4242 Cell 202 706 9031
--------- Forwarded message --------From: Cameron, Scott <scott cameron@ios.doi.gov> Date: Wed, Jun 7, 2017 at 4:38 PM Subject: Fwd: Info from DOT on rail loans To: Jackson Brossy <jbrossy@nnwo.org>
Per our conversation. Thanks, Scott Scott J. Cameron Acting Assistant Secretary for Water and Science, and Principal Deputy Assistant Secretary for Policy, Management and Budget Office of the Secretary of the Interior Desk 202 208 0969 Cell 202 706 9031
From: "Pugliese, Anthony (OST)" <anthony.Pugliese @dot.gov>
Date: May 2, 2017 at 10:39:24 AM EDT To: ''scott cameron@ios.doi.gov"
<scott cameron@i os.doi.gov> Subject: re:
Scott,
After talking to some of my colleagues, we believe a RRIF loan could be an useful option in this case. Here's some basic information about the RRIF loans. Please let us know if you would like additional details on any of these points. Jodie
LI Secured direct loan up to 35 years from substantial completion
No minimum project size or loan request
Up to 100% of eligible project costs can be funded
n Funds drawn as needed
Flexible
amortization
Up to 35year term after project completion
No pre payment penalty
Low interest rates
LI Applicants can pledge dedicated revenue streams as collateral
Transparent application process
Eligible RRIF Applicants
LI Railroads
State and local governments
Government sponsored authorities and corporations
Interstate compacts consented to by Congress under section 410(a) of the Amtrak Reform and Accountability Act of 1997
LI Limited option freight shippers (solely for the purpose of constructing a rail connection between a plant or facility and a railroad)
LI Joint ventures that include at least one of the above
Eligible RRIF Projects
n Acquire, improve, or rehabilitate intermodal or rail equipment or facilities, including track, components of track, bridges, yards, buildings, shops, and costs related to these activities, including pre construction costs
U Develop or establish new railrelated intermodal or railroad facilities
Refinance outstanding debt incurred for the purposes listed above
LI Reimburse planning and design expenses relating to activities listed above
TransitOriented Development (December 2019 sunset)
Anthony J. Pugliese
Senior White House Advisor
U.S. Department of Transportation