February 21, 2012 > BART-to-San Jose project gets more federal funding
BART-to-San Jose project gets more federal funding
Submitted By AP Wire Service
SAN JOSE, Calif. (AP), Feb 14 - The project to extend Bay Area Rapid Transit service to San Jose is getting more federal funding than expected.
The San Jose Mercury News reports (http://bit.ly/woHieq) that federal transportation officials have approved $250 million for the project - $20 million more than local officials had estimated they would get.
The Valley Transportation Authority announced on Monday that the first $100 million installment will be disbursed as soon as an agreement with the Federal Transit Administration is signed on March 12.
The remainder of the money is contained in President Barack Obama's proposed budget for the next fiscal year.
Groundbreaking on the 10-mile, $2.1 billion line from Fremont to the Berryessa area of San Jose is set for April.
The project is also being supported by $352 million in state funds and $848 million in local sales tax revenues.
Information from: San Jose Mercury News, http://www.sjmercury.com