TITLE

California Governments Group Pushing $26B Road and Rail Plan

AUTHOR(S)
Williams, Rochelle
PUB. DATE
June 2003
SOURCE
Bond Buyer;6/10/2003, Vol. 344 Issue 31653, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that officials for the Southern California Association of Governments (SCAG) are promoting a 26.1 billion dollar plan for regional road and rail improvements through a long-term public-private partnership that would involve bond financing as of June 2003. SCAG officials plan for two summits with representatives from trucking associations, water carriers, and the rail and port sectors to gain support prior to seeking legislative steps necessary to move forward with the plan. The proposal includes a high-speed intra-region monorail system, a more seamless improvement for the new Alameda Corridor, and a truck lane dedicated solely to trucks moving goods and services and paying a new toll.
ACCESSION #
10069668

 

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