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Feds give US 36 project $10 million, short of CDOT goal of $200 million

Feds give US 36 project $10 million, short of CDOT goal of $200 million

The U.S. Department of Transportation is giving a $10 million grant toward extending the U.S. 36 bus-car pool lanes and adding toll-paying solo drivers – far short of the $200 million the state sought but allowing work to proceed incrementally.

The Colorado Department of Transportation, with its partners in the project between Westminster and Boulder, Now must decided whether to use the grant to get a small part of the $260 million project started, or leverage it into a federal loan that could be repaid with toll revenue.

read more: http://www.indenvertimes.com/feds-give-us-36-project-10-million-short-of-cdot-goal-of-200-million-3/

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