
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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Aging bus fleets are less safe, cost significantly more to operate and greatly contribute to the poor community image of many transit systems. CTAA and the Bus Coalition partnered to bring awareness to the problem and push for a solution.
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The Vine system will use 10 new, 60-foot buses, which will nearly double the passenger capacity of current bus routes. In addition, the buses will be served by new stations designed to make boarding quicker and easier, especially for the elderly and those with disabilities.
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Purchase comes as a result of last year’s election, where 66% of voters approved a tax increase to help the agency upgrade 135 vehicles through a four-year operating issue boost.
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The backlog could be wiped out by 2040 if the T spends $765 million annually on the maintenance backlog — rather than the current $610 million.
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Overall, HART has collected a total of $1.52 billion in surcharge revenue for the rail project, which is about 39 million, or 1.18%, below projections.
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Obama, who has long pushed for a multi-year highway bill, said he had no choice but to sign the short-term measure to prevent an interruption of money for roads and bridges during the busy summer construction season.
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The $350 billion long-term bill would make changes to highway, transit, railroad and auto safety programs, but will only pay for the first three years of the six-year bill.
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The bill, approved with bipartisan support in the Missouri General Assembly, provides about $35 million in annual funding for the Kansas City Area Transportation Authority. The legislation also permanently locks the tax in place, meaning it will no longer be subject to legislative renewal.
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