Monday, May 16, 2011

The 12 projects that make up the 30/10 initiative to improve mass transit in greater Los Angeles (metro.net)

  1. Orange Line Extension
  2. East San Fernando Valley North-South Transit Corridors
  3. Sepulveda Pass Transit Corridor
  4. Westside Subway Extension
  5. Regional Connector Transit Corridor
  6. Gold Line Foothill Extension
  7. Exposition Transit Corridor Phase 2
  8. Crenshaw/LAX Transit Corridor
  9. Eastside Transit Corridor Phase 2 (alternatives)
  10. Green Line LAX Extension
  11. South Bay Green Line Extension
  12. West Santa Ana Transit Corridor
LA Metro 30/10 Initiative

The Concept is Simple
The 30/10 Initiative is a funding proposal that would
accelerate construction of 12 key Metro expansion projects
originally scheduled to be built over three decades – and
complete them by 2019.
The concept being explored is to use the funding for these
projects, which will be collected over the next 30 years from
the Measure R sales tax, as collateral for long-term bonds
and a federal loan so the projects can be built much faster.
The bene>ts of this initiative include generating hundreds
of thousands of construction and other jobs to improve the
local economy, reduce greenhouse gas emissions and ease
tra;c congestion.

How 30/10 Would Work
Measure R, a local tax approved by LA County voters in
2008, is funding new transportation projects and programs.
Over 30 years, it is projected to generate $40 billion for
congestion relief projects throughout LA County.
The 30/10 Initiative is a concept that is being explored is to
use the funding for these projects, as collateral for longterm bonds and a federal loan so the projects can be built
much faster. In turn, the funds coming in from Measure R
would be used to repay those loans.
*Early completion dates will ultimately be evaluated
based upon chosen delivery method for each project and
presented to the Metro Board for approval.


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