No doubt you know this, so this is a follow-up for your readers. TriMet currently is not contributing to the Portland-Milwaukie Line and won't be contributing to it until FY13. The agency's share, less than 5 percent of the total project cost, is projected to be around $3 million. On the other side, there are many benefits to keeping the project moving forward, like getting a $745 million federal grant that would not come to the region but for this project. (Remember how NJ Gov. Christie is passing up on a similar $3 billion grant). Among the many benefits, this project will create an efficient high capacity transit option, build a fantastic new bridge and start construction next year and creating up 14,000 jobs, including many much-need construction jobs. Visit trimet.org/pm
As for PMLR funding, this is a regional project, so regional partners are working together to fill the gap. We have 98 percent of the funding committed and the project is progressing well. We are confident the final piece of funding will be completed by next summer, as required by the Federal Transit Administration.
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