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California Department of Transportation
Headquarters - Public Affairs Office
April 16, 2009
$298 MILLION ALLOCATED FOR TRANSPORTATION TO CREATE JOBS AND MODERNIZE STATE HIGHWAYS
Sacramento - Today, the California Transportation Commission (CTC) allocated $298 million for 81 transportation projects, which includes $181 million from Proposition 1B, the 2006 voter-approved transportation bond, and $62 million in federal economic stimulus funds from the American Recovery and Reinvestment Act (Recovery Act). The remaining $55 million was allocated for pavement maintenance, bridge preservation, safety, and environmental enhancement projects.
“These projects will create thousands of jobs and boost the economy while improving the state’s highway system,” said California Department of Transportation (Caltrans) Director Will Kempton.
The Recovery Act funding provides $49 million to advance a widening project on Interstate 215 in San Bernardino County. The additional $13 million will fund two highway improvement projects in Monterey and Fresno counties.
The Proposition 1B allocation went to four projects in San Bernardino County. In order to complete the projects, additional funding is being made available from a private placement of bond sales financed through the San Bernardino Associated Governments. For information about all of the projects that received funding allocations and financial advancements today, visit: http://www.dot.ca.gov/docs/ctcprojectallocationsandfinancialadvancementsapril2009.pdf
In addition to the allocations, the CTC voted to allow Caltrans to advance $261 million in Recovery Act funds to three Proposition 1B projects. The funds will go to projects on Interstate 405 at the Sepulveda Pass in Los Angeles County, State Route 905 in San Diego County, and the Caldecott Tunnel in Contra Costa and Alameda counties. The San Diego County project was previously approved by the CTC, but was stalled due to the state’s difficulty in funding the project through its bond sales.
Caltrans has launched a Web site (http://www.dot.ca.gov/Recovery) designed to provide the public and the transportation industry with up-to-date information on using the Recovery Act funds on transportation projects to create jobs and jump-start the economy.