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The FTA told GoTriangle in a recent email that the two counties involved must be committed to paying at least 30% of the project’s local cost, or $371.1 million, before the project can be approved for engineering work.
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The agency's statement comes after a plan was introduced in the state legislature to redirect the funds for the project to roads and bridges instead.
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While the agency awaits a decision from the FTA about the execution of a $647 million funding agreement.
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These myths must be dispelled immediately. I will try to begin doing so below.
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With business down in Fiscal Year 2016, which ended in June,ridership also dipped in some markets, but not the Northeast where both services and competition are increasing. While admittedly in its infancy, crowdsourcing motorcoach services is also slightly on the rise.
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For the first time since 1951, streetcars are providing convenient and affordable public transportation in downtown. The 3.6-mile Cincinnati Bell Connector is the first fully low-floor system in the U.S.
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Go Triangle expects its Board of Trustees to vote April 26 on a $70 million engineering contract, which would be executed only after the FTA allows the project to advance.
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Since APTA's last quarterly report, the Federal Transit Administration has updated the SOGR for the public transit industry which has increased to $90 billion.
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In a letter sent Friday, the same day a decision was due, the agency said it was deferring a ruling so the project could be considered as part of President Donald Trump’s budget. No timeline was given in the letter.
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The measure was unveiled by two House Representatives from New Jersey, where it was found after a deadly crash in September that NJ Transit was the subject of a deep federal audit.
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