Denver’s Regional Transportation District (RTD) and Union Pacific Railroad (UP) announced that the FasTracks Committee of the RTD Board of Directors has approved a preliminary agreement on a package of property acquisitions and relocations from UP for the FasTracks program totaling approximately $185 million in cash and direct costs to Union Pacific Railroad. Additional civil engineering work to be performed by RTD brings the total value to approximately $210 million.
The preliminary agreement is for the acquisition of property and relocation of certain railroad improvements for several lines and authorizes the General Manager to spend up to $185 million for property, relocation projects and site preparation work over the next several years beginning in 2009. Approximately $25 million will be spent by RTD on civil engineering projects.










