Stimulus funds fuel another $72 million in RTD work
The Regional Transportation District has $72.1 million in stimulus-funded projects underway or in the pipeline – including more than $28.8 million to fund FasTracks projects – allowing the transit agency to move up capital construction and other work that would have gone unfunded during the ongoing budget downturn.
The American Recovery and Reinvestment Act which President Obama signed in Denver in February, is helping to pay for project ranging from $120,000 toward a replacement bus hoist at the transit agency’s Platte Maintenance Facility to $17.1 million toward the long-awaited installation of smart-technology fare boxes on all buses and new Smart Card fare cards.
For FasTracks, ARRA is funding eight projects, including a $9.8 million contribution to renovations at Denver Union Station –a total $40 million initial job – all the way down to a $224,056 addition to the West Corridor light rail now under construction to make track improvements that will allow for a second siding west of Interstate 70, in the single-track segment of the light rail. An additional siding will help RTD add more frequent service on the single-track segment if demand warrants.
On top of the $72.1 million in direct stimulus funding, RTD also will benefit from $18.6 million in ARRA funds allocated to Union Station work by the Denver Regional Council of Governments and a $40 million advance on its promised federal grant for the West Corridor of $308 million – both FasTracks projects. Receiving the $40 million now instead of next year helps RTD accelerate construction on the West Corridor by its contractor, Denver Transit Construction Group.
Together with a $753,399 contract for automated passenger counters on light rail cars and buses, RTD’s total stimulus act funding comes to more than $131.4 million.
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