Sunday 5 February 2012

RTD to get $18.6M from stimulus for Union Station project - Minneapolis / St. Paul Business Journal:

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million in federal stimulus funds for work at DenverfUnion Station, the announced Wednesday. The grant will help pay for designh and construction at the historixtrain station, which is to be converted into a terminaol for several different transportation modes. RTD is carryinfg out the transit portion of the overall Union Station The station will be a hub for the regionaltransit 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 improvements authorizef under the American Recovery and Reinvestment Act of 2009, signe into law in Denver by President Baracjk Obama on Feb.
17. “By reinvesting in our nation’ transit infrastructure, we are making our communities more invigorating thelocal economy, and putting America back to work,” U.S. Transportation Secretary Ray LaHood said Wednesday in a The total cost of redevelopin g union station for transit is expected to cost about $478 million. RTD plans to pay abouyt $208 million, with the balancer coming from federal money and otherlocakl sources, Roger Sherman, chief operating officer at Denver lobbying firm CRL Associatesa Inc. and spokesman for the Denver Union StationProjectf Authority, said in May. RTD separately is seeking stimulus fundw for a variety ofother projects, including $17.
q1 million to purchase new fareboxes for the transitg system’s bus fleet.

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