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ZA00A - BO Railroad Museum

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ZA00A - BO Railroad Museum
ZA00A

Miscellaneous Grants





B &O Railroad Museum (Baltimore City)

GO Bonds $1,500,000 Recommendation: Approve





Bill Text: Provide a grant to the Board of Directors of the B & O Railroad Museum to assist in the

design, construction, and equipping of the historic roundhouse restoration and of a new facility to

rehabilitate aged and damaged rolling stock, subject to the requirement that the grantee provide an

equal and matching fund for this purpose. Notwithstanding Section 1(5) of this Act, the matching

fund may include funds expended prior to the effective date of this Act.





Program Description: The B & O Railroad Museum is one of the world’s premier transportation

museums. It averages 160,000 visitors per year, including 40,000 school children. This project will

construct improvements to the museum in three phases. The first phase is underway and involves

reconstruction of the 33,000 square foot slate roof on the historic 1884 roundhouse, half of which

collapsed in last February’s record snowfall, as well as reconstructing the damaged interior of the

building to match the original features. Insurance proceeds, donations, and a $450,000 long-term

loan from the Maryland Historic Trust are funding this work. State support is currently being

requested for Phase 2 and 3. Both of which are scheduled to begin during fiscal 2004 and be

completed in fiscal 2005. A State Community Legacy Grant of $300,000 has been awarded to assist

with the costs of Phase 3.





Year Project Began: 2003.





Comments: Phase 1 of the reconstruction program has been funded at a cost of $10.2 million and is

underway. Phase 2 is scheduled to begin design this spring and to be completed by December 2004.

The total cost of $9.2 million for Phase 2 includes $3.6 million in operating expenses (exhibits and

programming costs) and $5.6 million in capital costs (reconstruction of the clerestory roof, correction

of code deficiencies, and Americans with Disabilities Act improvements). The museum cannot

reopen until Phase 2 is finished. The museum’s future is endangered if the Phase 2 schedule is not

maintained because the longer its admission revenues are interrupted the more difficulty the museum

will have in paying and retaining staff.



Phase 3 includes construction of the restoration building as well as the restoration of the damaged

locomotives and rolling stock. Phase 3 is also scheduled to begin design this spring and to be

completed by December 2004. The total cost of $10.1 million for Phase 3 includes $5.1 million in





For further information contact: Stacy A. Porter Phone: (410) 946-5530



Analysis of the FY 2005 Maryland Executive Budget, 2004

1

ZA00A – Miscellaneous Grants



operating costs (equipment repair) and $5.0 million in capital costs. The museum’s leadership

believes that construction of the restoration building would make possible significant savings in the

costs of restoring the damaged equipment, inasmuch as that cost is estimated at $5.1million if done

in-house and over $15.0 million if all of the work must be shipped out to private contractors.





Estimated Cost of Project



Prior Recommended Future

Appropriation Amount Request Total



Planning $500,000 $0 $500,000

Construction $10,200,000 9,690,000 0 19,890,000

Equipment 410,000 0 410,000

Total $10,200,000 $10,600,000 $0 $20,800,000



State Match 10.8% 750,000 1,500,000 2,250,000

Match 89.2% 9,450,000 9,100,000 18,550,000



Source of Matching Funds:



Cash Reserves (Including Insurance) $15,550,000

Federal Grants 1,500,000

Foundation Grants 500,000

Local Governments Grants 500,000

Private Donations 500,000

Total Match $18,550,000





The States contribution to this project equates to $2.3 million, or 10.8% of the total cost of the

project.





Recommended Actions

Approve.









Analysis of the FY 2005 Maryland Executive Budget, 2004

2


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