November 6, 2013
The price of the project is increasing from last year’s estimate of about $125 million due in part to relocating utility lines. Construction was initially scheduled to start next year, but will have to be pushed back to 2015 or 2016 because of the funding problems.
September 17, 2012
The $2.5 billion initiative calls for issuing a series of bonds over the next five years, averaging about $500 million in capital improvement dollars each year. While each agency would be able to prioritize the projects to fund, the RTA has an existing list of backlogged projects it will reference before approving expenditures.
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