Link: http://www.bhcourier.com/article/Local_News/Local_News/Transit_money_for_Beverly_Hills_and_Los_Angeles_advanced_from_Washington/68274
Transit money for Beverly Hills and Los Angeles advanced from Washington
Posted Saturday June 5, 2010 - 10.50am
The federal government has agreed in principal to advance money to Los Angeles-area transportation agencies to speed up construction of major projects like a Wilshire Boulevard subway connection from Koreatown to Westwood, a Gold Line extension, and connect light rail service to Los Angeles International Airport.
Sen. Barbara Boxer announced that the White House has agreed to loan Los Angeles 30 years' worth of transportation sales tax revenue over the next 10 years, which will significantly advance timetables to build major transit projects.
U.S. Transportation Secretary Ray Lahood announced approval of the so-called 30/10 plan in Washington Friday.
The decision is a major victory for Los Angeles Mayor Antonio Villaraigosa, who proposed the 30/10 funding scheme in order to get major projects like the Wilshire Boulevard subway built on a compressed schedule.
Although 40 percent of the money will go to rail and subway construction, street repaving and bus operations will get the remainder of the money.
The mayor's proposal will use half-penny-per-dollar sales tax revenue generated by the voter-approved Measure R as collateral for federal loans.
Thirty years' worth of Measure R receipts will be lent by Washington to Los Angeles.
Los Angeles has proposed a comprehensive, long-range transportation plan and the sustainable funding stream to accomplish it,' Transportation Secretary Roy Lahood told Boxer in a letter delivered late Friday.
Among major projects that will be built sooner as a result of the federal loans are:
-- Extending the Wilshire Boulevard subway from Western Avenue through the Miracle Mile, Beverly Hills, and Century City to Westwood. The subway might also be extended west to Santa Monica, and a leg may be built from Beverly Hills to downtown Hollywood.
-- Building the "Downtown Connector' light rail tunnels under Figueroa
Street and the City Hall area to tiethe Blue and Expo lines into the Gold
Line near Union Station.
-- Extend the Green Line south towards Torrance, and north into Los Angeles International Airport.
-- Extend the southern branch of the Gold Line from East Los Angeles to either Whittier or along the Pomona (60) Freeway.
-- Build a new light rail line from the LAX area to Mid City, via Crenshaw Boulevard.
-- Build railroad track overpasses along the "Alameda East' corridor east of Los Angeles.
-- Widen sections of Interstate 5 in the Newhall Pass and between Orange County and Norwalk.
-- Build truck lanes along sections of the Golden State (5) Freeway over the Grapevine.
-- Expand capacity of the connected interchanges along the Harbor (110) Freeway at the Gardena (91) and San Diego (405) freeways near Carson. - CNS
The federal government has agreed in principal to advance money to Los Angeles-area transportation agencies to speed up construction of major projects like a Wilshire Boulevard subway connection from Koreatown to Westwood, a Gold Line extension, and connect light rail service to Los Angeles International Airport.
Sen. Barbara Boxer announced that the White House has agreed to loan Los Angeles 30 years' worth of transportation sales tax revenue over the next 10 years, which will significantly advance timetables to build major transit projects.
U.S. Transportation Secretary Ray Lahood announced approval of the so-called 30/10 plan in Washington Friday.
The decision is a major victory for Los Angeles Mayor Antonio Villaraigosa, who proposed the 30/10 funding scheme in order to get major projects like the Wilshire Boulevard subway built on a compressed schedule.
Although 40 percent of the money will go to rail and subway construction, street repaving and bus operations will get the remainder of the money.
The mayor's proposal will use half-penny-per-dollar sales tax revenue generated by the voter-approved Measure R as collateral for federal loans.
Thirty years' worth of Measure R receipts will be lent by Washington to Los Angeles.
Los Angeles has proposed a comprehensive, long-range transportation plan and the sustainable funding stream to accomplish it,' Transportation Secretary Roy Lahood told Boxer in a letter delivered late Friday.
Among major projects that will be built sooner as a result of the federal loans are:
-- Extending the Wilshire Boulevard subway from Western Avenue through the Miracle Mile, Beverly Hills, and Century City to Westwood. The subway might also be extended west to Santa Monica, and a leg may be built from Beverly Hills to downtown Hollywood.
-- Building the "Downtown Connector' light rail tunnels under Figueroa
Street and the City Hall area to tiethe Blue and Expo lines into the Gold
Line near Union Station.
-- Extend the Green Line south towards Torrance, and north into Los Angeles International Airport.
-- Extend the southern branch of the Gold Line from East Los Angeles to either Whittier or along the Pomona (60) Freeway.
-- Build a new light rail line from the LAX area to Mid City, via Crenshaw Boulevard.
-- Build railroad track overpasses along the "Alameda East' corridor east of Los Angeles.
-- Widen sections of Interstate 5 in the Newhall Pass and between Orange County and Norwalk.
-- Build truck lanes along sections of the Golden State (5) Freeway over the Grapevine.
-- Expand capacity of the connected interchanges along the Harbor (110) Freeway at the Gardena (91) and San Diego (405) freeways near Carson. - CNS
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