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Stimulus? What stimulus?

I’m basically agnostic about the plan to convert HOV lanes to HOV-plus-toll lanes that Metro is floating. Like Christof, who was quoted in the story, I don’t think it will make that much difference in terms of actual traffic flow, though I think that Texas Transportation Institute fellow is correct to note that it will help outside of the normal rush hour, when the roads are still pretty full. Mostly, I wanted to blog about this story because of this:

Metro President and CEO Frank J. Wilson estimated the cost at between $40 million and $50 million.

In its request for federal stimulus funds earlier this year, Metro estimated the project would cost $70 million.

Metro is slated to receive $92 million in stimulus funds.

Wilson said that he learned last week in discussions with Federal Transit Administration officials that the monies cannot be spent on the North and Southeast light rail lines, as Metro had planned, because those projects have not received the FTA’s final funding approval.

Boy, remember when Metro thought it might get as much as $180 million of stimulus money for light rail construction? Those were the days. Sure hope all the funding they thought they were getting pre-stimulus is in place, because if they were counting on any of this – or worse, if they’d already budgeted for it – that would suck.

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