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CA Transportation Commission allocates nearly $140 million
Posted By Tina Grady Barbaccia On January 24, 2011 @ 5:32 pm In Economics,eRoadPro Newsletter,News & Analysis | No Comments
Transportation projects throughout Orange County received an added boost last week when the California Transportation Commission allocated nearly $140 million to fund construction.
The projects awarded are part of the State Transportation Improvement Program and voter-approved Proposition 1B, a $20 billion bond program to fund transportation projects throughout the state.
“We have been working hard to deliver these improvements, and this money will provide the needed boost to move the projects into construction,” said Orange County Transportation Authority (OCTA) Chair Pat Bates, also the Fifth District supervisor. “This is great news for the residents of Orange County and we look forward to breaking ground on these projects in the near future.”
The commission allocated the money as a result of state bond sales last month. OCTA projects that received funding include the following:
Since its passage in 2006, more than $7 billion in Prop 1B funds has been allocated, including more than $420 million for Orange County projects.
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