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.
April 17, 2012
Decades of deferred repairs and modernization projects have many transit agencies scrambling to keep trains and buses in operation.
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