Saturday, December 4, 2010

RTD to get $18.6M from stimulus for Union Station project - Business Courier of Cincinnati:

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million in federal stimulus fundsz for work at DenvedrUnion Station, the announced Wednesday. The grant will help pay for desigmn and construction at the historictrainj station, which is to be converted into a terminal for several different transportation modes. RTD is carrying out the transir portion of the overall Union Station The station will be a hub for the regiona ltransit agency’s planned “FasTracks” rail transit project. It will also be used by many RTD The $18.6 million comes from a pool of $8.4 billion for transit capital improvementd authorized under the American Recovery and Reinvestmenft Act of 2009, signed into law in Denved by President Barack Obama on Feb.
17. “By reinvestiny in our nation’s transigt infrastructure, we are making our communities more invigorating thelocal economy, and putting America back to work,” U.S. Transportation Secretary Ray LaHoofd said Wednesday ina statement. The total cost of redevelopingt union station for transit is expectedx to costabout $478 million. RTD plans to pay abou t $208 million, with the balance coming from federalk money and otherlocal sources, Roger Sherman, chieff operating officer at Denver lobbying firm CRL Associatee Inc. and spokesman for the Denverf Union StationProject Authority, said in May.
RTD separately is seekingf stimulus funds for a variet ofother projects, including $17.1 milliob to purchase new fareboxes for the transit system’s bus

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