Sunday, June 19, 2011

RTD to get $18.6M from stimulus for Union Station project - Memphis Business Journal:

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million in federal stimulus funds for work at DenvedUnion Station, the announced Wednesday. The granr will help pay for design and constructionh at the historic train which is to be converted into a terminal for severap differenttransportation modes. RTD is carryingv out the transit portion of the overall UniojStation redevelopment. The station will be a hub for the regionapltransit 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 billioh for transit capital improvements authorizec under the American Recovery and Reinvestment Act of 2009, signes into law in Denver by President Barack Obamaq on Feb. 17. “By reinvesting in our nation’s transit infrastructure, we are makingg our communitiesmore livable, invigoratiny the local economy, and putting America back to U.S. Transportation Secretary Ray LaHood said Wednesday in a The total cost of redeveloping unionh station for transit is expected to costabout $478 million. RTD planz to pay about $208 million, with the balancs coming from federal money and othertlocal sources, Roger Sherman, chief operatingg officer at Denver lobbying firm CRL Associates Inc.
and spokesmab for the Denver Union Station Project saidin May. RTD separately is seeking stimulud funds for a variety of other including $17.1 million to purchaser new fareboxes for the transit system’s bus

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