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Thursday, 15 January 2009 10:23

New Sacramento Interchange & Carpool Lane Completed

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slide1a.jpgState - Caltrans announced yesterday that, 15 months after breaking ground on the state’s first Proposition 1B project, work is now complete on the $66 million Interstate 5/Lomas Santa Fe Interchange and Carpool Lane Project in Sacramento. “Today’s milestone represents the type of action California voters asked for when they passed Proposition 1B,” said Governor Arnold Schwarzenegger. “Unfortunately, the budget situation in Sacramento threatens to derail progress on other Proposition 1B projects that could otherwise provide sorely needed jobs and stimulate California’s fragile economy,” said Caltrans Director Will Kempton. Citing California’s inability to fund transportation projects due to the state’s budget predicament, the California Transportation Commission, or CTC, yesterday declined to allocate $293.5 million for 27 transportation projects, including $253 million from Proposition 1B, the 2006 voter-approved transportation bond. The Proposition 1B allocations would have gone to seven projects across the state, including $189.6 million to construct a fourth bore of the Caldecott Tunnel in Alameda and Contra Costa counties in the San Francisco Bay Area. When completed, this project will save an estimated 10,000 hours of delay for commuters each day. “Proposition 1B funded projects support thousands of jobs and create improvements to California’s infrastructure that will last for decades,” said Caltrans Director Will Kempton. “Without a budget solution, funding for Proposition 1B projects has come to a standstill. This places needed jobs at stake and could further jeopardize the state’s fragile economy,” he added. The CTC did, however, allocate about $4.5 million for three safety projects with the stipulation that the allocations are contingent on the state's fiscal condition and the ability to fund projects. For information about these three projects and the 27 projects that did not receive funding allocations, visit the web address on your screen. Staff Report (This email address is being protected from spambots. You need JavaScript enabled to view it.).
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