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High-speed rail system nets $194 million grant
The funds will go toward engineering, environmental work in the segments connecting Anaheim and L.A. to San Francisco.
By Amanda EdenPublished: October 04, 2010 02:08 PM
Courtesy of the California High-Speed Rail AuthorityThe California High-Speed Rail Authority has garnered a $194 million federal grant for preliminary engineering and environmental analyses in the segments connecting Anaheim and Los Angeles to San Francisco through the Central Valley.
The grant will be matched dollar for dollar with state funds, according to the agency, which is responsible for planning, constructing and operating the 800-mile rail system.
“This funding award demonstrates again the continued confidence the federal government has in California and the progress we’re making in planning our state’s high-speed rail project,” said Curt Pringle, chairman of the California High-Speed Rail Authority and mayor of Anaheim.
In total, the project is expected to cost about $45 billion, according to the agency's website.
"This (grant) will give California’s system the funds we need to complete the environmental review and bring us closer to realizing the enormous opportunity this project represents for our state," said Pringle.
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Courtesy of the California High-Speed Rail Authority The grant will be matched dollar for dollar with state funds, according to the agency, which is responsible for planning, constructing and operating the 800-mile rail system. “This funding award demonstrates again the continued confidence the federal government has in California and the progress we’re making in planning our state’s high-speed rail project,” said Curt Pringle, chairman of the California High-Speed Rail Authority and mayor of Anaheim. In total, the project is expected to cost about $45 billion, according to the agency's website. "This (grant) will give California’s system the funds we need to complete the environmental review and bring us closer to realizing the enormous opportunity this project represents for our state," said Pringle. Related headlines O.C. automakers report September sales gains Quantum named CleanTech O.C. Company of the Year $335 million I-5 Gateway project comes to a close |
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