News on yesterday's Lone Star Rail vote, including explanation of how it will potentially be funded:
KXAN: Council Approves Funding For Commuter Rail Project
KVUE: Austin Considers Funding For Lone Star Rail
Statesman: Austin Approves Toned Down Lone Star Rail Deal
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About WDFloyd
Dave Floyd is an attorney, real estate broker, real estate investor, and trivia host in Austin, Texas. He works with the Foskitt Law Office and is an owner of Floyd Real Estate. He lives in the Zilker Neighborhood, and is a graduate of the University of Texas at Austin and the Washington & Lee University School of Law.
Showing posts with label Austin rail transit. Show all posts
Showing posts with label Austin rail transit. Show all posts
Friday, December 12, 2014
Thursday, December 11, 2014
Lone Star Rail News
I just heard on 590AM News that the Austin City Council voted to:
It's good to see some progress from the city on the Lone Star Rail project. If you followed my city council campaign, then you probably read/heard me mention this project as the right way to approach rail transit in the greater Austin area. It involves taking the Union Pacific tracks that run from Georgetown to San Antonio (i.e., the freight tracks that go down the middle of MoPac) and turning them into passenger lines for local and regional commuting.
Approve a resolution authorizing the negotiation and execution of an amendment to the interlocal cooperation agreement between the City and Lone Star Rail District to set the City’s increment participation level for the Transportation Infrastructure Zone funding at 50% and extending the “Two Year Timeline” viability measure.
It's good to see some progress from the city on the Lone Star Rail project. If you followed my city council campaign, then you probably read/heard me mention this project as the right way to approach rail transit in the greater Austin area. It involves taking the Union Pacific tracks that run from Georgetown to San Antonio (i.e., the freight tracks that go down the middle of MoPac) and turning them into passenger lines for local and regional commuting.
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