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Program will upgrade 3,800 system cameras to high-definition and add 1,000 new cameras; $33 million of improvements to be funded by ride-hailing fee.
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The $179 million investment is being funded through a small increase in fees charged to app-based ride-hailing companies operating in Chicago.
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The Chicago Transit Board also approved a $2.7 billion five-year capital budget for 2018-2022, continuing more than $8 billion of historic transit investment completed, begun or announced by Mayor Rahm Emanuel since 2011.
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Upon adoption, the fare increase will generate $23 million for CTA operations, while the capital budget includes a new revenue stream from ride-hailing fees that will pay for projects that improve CTA infrastructure and service.
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In addition to adding new screens, 159 of the CTA’s existing 283 digital advertising displays will be upgraded.
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The Full-Funding Grant Agreement with the FTA is the final step in securing the funding needed for the $2.1 billion first phase of the RPM project.
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The investment will allow CTA to continue to move forward with preliminary engineering and analysis necessary to finalize the project alignment and to complete a final environmental impact statement.
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The project will include a community gateway, architecturally enhancing the street-level entrance to the Belmont subway station, and will improve the bus arrival/departure areas to speed bus boarding and provide a safer, more comfortable environment for pedestrians.
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Billions of taxpayer dollars are spent buying buses and railcars every year. Although the national unemployment rate has declined since the Great Recession, for low-income families and communities of color, the unemployment rate remains in the double-digits and good, family-supporting jobs can’t come fast enough. We need strategies that revive U.S. manufacturing and other industries that can create the kind of jobs we want.
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The new APTA chair is Doran J. Barnes, executive director, Foothill Transit, West Covina, Calif. Barnes, who is the executive director for the system succeeds Valarie J. McCall.
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