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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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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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