The Annual Report on Funding Recommendations by the secretary of transportation was released today and it includes good news for Sacramento Regional Transit.
The Federal Transit Administration has identified Sacramento's south line extension from Meadowview to Cosumnes River College as one of five projects recommended for Full Funding Grant Agreements and Early System Work Agreements in the 2010 fiscal year.
California: Sacramento South Corridor Phase 2Here's the description of the South Corridor Phase 2 from the Annual Report on Funding Recommendations
The Sacramento Regional Transit District (RT) is proposing to implement an extension of its existing South Corridor light rail transit (LRT) line from its current terminus at Meadowview Road south and east to Cosumnes River College (CRC), near the intersection of State Highway 99 and Calvine Road. The four-station, 4.3-mile project would operate in an exclusive, primarily at-grade right-of-way requiring six street crossings along the alignment. The proposed extension will use existing RT vehicles and operate on 10-minute peak-period frequencies. Approximately 2,700 park-and-ride spaces would be constructed at three of the four proposed stations as part of the project.
The capital cost for the project is $270.00 million, with a proposed New Starts share of $135.00 million, or 50 percent. Congress has appropriated $11.34 million for the project through FY 2009. FTA recommends $40.00 million of New Starts funding for the project in FY 2010.