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Once complete, the Lewisville Hike and Bike trail will run from DCTA’s Hebron Station all the way to the Highland Village/Lewisville Lake Station. Construction on the last portion of the Lewisville Hike and Bike trail is expected to begin in early 2016.
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Federal officials, which were set to award the project $250 million this month, are concerned that the Honolulu City Council has yet to take a final vote on extending the excise tax for five years to help pay for the system.
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On the university’s busiest days, more than 4,000 students are biking, walking and skateboarding to campus, but there is currently no funding in the university’s transportation budget to accommodate their needs.
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The Michigan Translational Research and Commercialization Transportation program, in partnership with the Michigan Economic Development Corp., offers an avenue for U-M researchers and innovators to discover commercial opportunities to advance their projects out of the lab and into the market.
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Passed by a 363-64 vote, the bill calls for spending $261 billion on highways and $55 billion on transit over six years. As expected, the legislation authorizes highway funding for six years, but only if Congress can come up with a way to pay for the final three years.
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The 10-year, 0.3627-mill transit tax will fund transit services that are a part of TheRide’s Five-Year Transit Improvement Program. The tax will raise approximately $403,000 when first levied.
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Over the past 16 months, WAVE has deployed a number of projects including Utah Transit Authority’s full service 50kW system and Monterey Salinas Transit’s commercial service waterfront trolley.
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With the total price tag for 65 to 70 railcars coming in at $280 million, GM Joe Calabrese says he will need assistance from the federal government as well as from the state of Ohio.
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Specifically, the company questioned whether the project’s current funding stream — the state cap-and-trade program — is sustainable.
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The program, which totals $26.1 billion, outlines the next five years’ worth of vital investments to renew, enhance and expand the MTA network. This marks the largest investment in MTA infrastructure in history.
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