The Metropolitan Transportation Commission (MTC) committed $91 million in voter-approved Measure 2 bridge toll money to help finance an $890 million extension of the Bay Area Rapid Transit District (BART) system.
The 5.4-mile extension is part of a $6.1 billion project that is slated to begin construction in summer 2009, which will take the BART system to Milpitas, San Jose and Santa Clara.
MTC, the nine-county San Francisco Bay Area's transportation planning, coordinating and financing agency, made the financing pledge as part of a strategic plan for implementing the $17.4 billion Regional Transit Expansion Program adopted by the Commission in 2001 and updated in 2006.
Funding is contingent upon the Santa Clara Valley Transportation Authority committing to a full funding plan for an operable BART segment in Santa Clara County, as well as a public hearing on the transfer of RM 2 dollars from another project.
MTC has now allocated more than $750 million in Measure 2 funds. The commitments to date include $657 million for 32 separate capital projects and $109 million for transit operations around the Bay Area.
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