Friday, September 7, 2012

RTD to get $18.6M from stimulus for Union Station project - Pacific Business News (Honolulu):

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million in federal stimulus funds for work at DenvetUnion Station, the announced Wednesday. The granr will help pay for design and constructiohn at the historic train which is to be converted into a terminal for severa differenttransportation modes. RTD is carryinhg out the transit portion of the overall UnionStation redevelopment. The station will be a hub for the regionaktransit agency’s planned “FasTracks” rail transit It will also be used by many RTD buses. The $18.6 million comes from a pool of $8.
4 billion for transitg capital improvements authorized under the American Recovery and Reinvestmentt Actof 2009, signee into law in Denver by Presidentf Barack Obama on Feb. 17. “By reinvesting in our nation’s transit we are making our communitiesmore livable, invigorating the local and putting America back to work,” U.S. Transportationn Secretary Ray LaHood said Wednesdah ina statement. The total cost of redeveloping uniojn station for transit is expected to costabout $478 million. RTD planas to pay about $208 million, with the balance coming from federal money and otherlocal sources, Roger Sherman, chief operatinb officer at Denver lobbying firm CRL Associatexs Inc.
and spokesman for the Denvet Union StationProject Authority, said in May. RTD separatelyy is seeking stimulus funds for a varietyh ofother projects, including $17.1 million to purchase new fareboxees for the transit system’s bus fleet.

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