ArkNavReport_TOC_Acronyms_ExecSummary.doc

Waterway system the initial construction costs for

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Waterway System, the initial construction costs for improving the MKARNS will be cost shared 50-50 with the Inland Waterway Trust Fund. The Federal Government will be responsible for operation and maintenance of the navigation channel. Port operators will be responsible for modifying and maintaining existing port facilities to realize the benefits offered by modifications to the MKARNS. The FY05 Omnibus Bill contained $7,000,000 of O&M funds to begin work on deepening the channel; however, the Act incorrectly cited Public Law 108-357. Congress has since passed a technical correction citing the correct Public Law (P.L. 108-137). Once the feasibility report and EIS are final, and the ROD has been signed, these O&M funds will be used to initiate mitigation, dredging, and dike/revetment work. Work will begin to initiate the flow management changes as soon as the feasibility report and EIS are final and the ROD has been signed. Should additional funding not be forth coming for the project, it would still be appropriate to implement the new flow management plan due to its high benefit without new costs. xxxiv
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EIS: The Final EIS was produced in parallel with this feasibility study, dated August 2005, and was prepared in accordance with the requirements of the National Environmental Policy Act, regulations promulgated by the President’s Council on Environmental Quality (40 CFR 1500-1508), and Engineering Regulations. The analysis of environmental consequences indicates that implementation of any of the alternatives would not produce net significant adverse effects to the human environment, either by itself, or through cumulative effects. Schedule: A Director’s Report is scheduled for completion in September 2005. Plans and specifications are scheduled to be initiated in September 2005. Construction can begin in October 2005. Assuming optimum funding, it is anticipated that construction will take a minimum of four years and will be based on the rate at which funds are provided. Longer periods of construction would result in cost increases. If construction of Alternative E were to extend beyond seven years the BCR would fall slightly below 1. The recommendations contained herein reflect the information available at this time and current Departmental policies governing formulation of individual projects. They do not reflect program and budgeting priorities inherent in the formulation of a national Civil Works construction program nor the perspective of higher review levels within the Executive Branch. Consequently, the recommendations may be modified before they are transmitted to the Congress as proposals for authorization and implementation funding. However, prior to transmittal to Congress, the sponsor, the States, interested Federal agencies, and other parties will be advised of any modification and will be afforded an opportunity to comment further.
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