 A second proposal was created to build a modern station building and platforms east of North Center Street, on the opposite side of the grade crossing from the existing station.This station was to cost $6 million, funded by the 2010 TIGER grant plus $4 million from Amtrak, and begin construction in early 2013 for a 2014 opening.Waterloo accepted the agreement in June 2012, but the 2013 budget sequestration reduced Amtrak's available funds and the project was canceled.