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The high figure is based on a scenario in which the general excise tax surcharge for the rail gets extended another 10 years at the same 0.5% rate.
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For the last five years, Don Sepulveda has served as the executive officer of regional rail for Los Angeles Metro, where he developed a $2.5-billion rail program.
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As of Friday, NJ Transit and the state Department of Transportation have a week to review and decide how to spend what's left of the Transportation Trust Fund.
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North joined STV in 2009 and has been an integral part of the design, engineering and procurement of several light rail and commuter rail projects throughout the U.S. and Canada.
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Prior to rejoining WSP | Parsons Brinckerhoff, he was a senior signal designer with a national engineering firm responsible for designing systems for light rail operations in Seattle and the NCTD in Oceanside, Calif.
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As president he will oversee planning, design and construction services for highways, bridges, transit and rail, aviation, as well as ports and marine. He will be based in the firm’s U.S. headquarters in New York City.
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Major companies including Adobe, eBay, Goldman Sachs, Overstock.com and Workday have made office location decisions based, in part, by proximity to the TRAX and FrontRunner stations.
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Streetcar construction is on schedule to be completed in fall of 2015. The $102 million 2-mile system will then undergo a period of testing and is anticipated to be open to the public in 2016.
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This strategic initiative gives the company the ability to proactively identify and notify customers about EOL issues in their in-service products and components.
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The Metro Board authorized the agency to designate up to $10 million annually to be used for implementation of the new Business Interruption Fund pilot program, with individual businesses able to receive up to $50,000 annually.
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