FTA 20-03
Thursday, May 15, 2003
Contact: Kristi Clemens
Tel: (202) 366-4043
U.S. Department of Transportation Announces $69 Million
Grant to Tri-County Metropolitan Transportation District of Oregon (TriMet)
U.S. Secretary of
Transportation Norman Y. Mineta today announced a grant of $69 million to the
Tri-County Metropolitan Transportation District of Oregon for the Interstate MAX
project, a 5.8-mile light rail extension between the Rose Quarter and the
Exposition Center in the Portland metropolitan area.
“This grant represents
the Bush Administration’s commitment to transportation as a strategic
investment that strengthens the economy, protects the environment and maximizes
the freedom of mobility for all Americans,” said Secretary Mineta.
Initial installments of funds include the purchase of light rail electric propulsion cars; purchase and construction of line equipment; signage; renovation of the Ruby Junction administration and maintenance facility; traction power equipment; train control signal; civil and systems final design; property acquisition; and program administration.
During a press conference in Portland, OR, Federal Transit
Deputy Administrator Robert Jamison presented a ceremonial check for $68,850,768
to TriMet. “The FTA is pleased to
partner with TriMet to provide common sense transit solutions to residents in
the Portland area,” said Deputy Administrator Jamison.
“This extension of the Interstate MAX Line will allow even more people
to experience the many benefits of public transportation, including a healthier
economy, increased community mobility, reduced congestion, energy conservation,
and protection of the environment.”
This is the third year of funding under the Full Funding Grant Agreement (FFGA) for TriMet. The total project cost is approximately $350 million, of which the New Starts funding is estimated at $257.5 million. A FFGA is the federal government’s commitment to support a transit project over the course of several years, contingent upon the availability of funds. As funds are appropriated, the full funding projects receive priority consideration.
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