Virginia County on Track to Issue $380 Million for Rail Extension

Sanchez, Humberto
January 2005
Bond Buyer;1/6/2005, Vol. 351 Issue 32044, p5
Trade Publication
The article reports that Virginia expects to issue $380.4 million of bonds during fiscal years 2007 and 2008 to cover a quarter of the cost of an initial $1.5 billion, 11.5-mile extension of the Washington D.C.-based Metrorail subway system. The project, which would run from the West Fails Church subway station to Wiehle Avenue in Reston, is the first phase of a $3.5 billion, 23-mile extension of the subway that would connect downtown Washington D.C., with Dulles International Airport. The first phase is expected to begin operation in 2011.


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