
FTA 22-02
Tuesday, July 02, 2002
Contact: Gail Taylor
Tel.:
(202) 366-4043
Federal Transit Administrator Awards $56.9 Million To
Chicago for Transit
Federal Transit Administrator Jennifer L. Dorn, joined by
Rep. Mark Kirk and Metra and Chicago Transit Authority officials, today
announced $56.9 million in Federal Transit Administration (FTA) funds for Metra
Commuter Rail and the Chicago Transit Authority (CTA).
Announcing the grant at the Olgivie Transportation Center
in downtown Chicago, FTA Administrator Dorn said, “President Bush has proposed
$7.2 billion for the Federal Transit Program as part of the FY 2003 budget,
further reinforcing this Administration’s commitment to public transportation
as a strategic investment.”
CTA will receive $2.5 million to purchase up to five
articulated buses to be used throughout the transit authority’s service system
and Metra will use $54,450,720 to fund improvements to its Union Pacific West,
South West Corridor and North Central lines.
Metra’s grant is part of a Full Funding Grant Agreement signed in November 2001, which, over a period of several years, will provide $319.1 million for the three extensions. A full funding grant agreement is the federal government’s commitment to support a transit project over the course of several fiscal years, contingent upon the availability of funds. As funds are appropriated, the full funding projects receive priority consideration.
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