Thursday, Aug. 23, 2012
Contact: Media Information Officer Edward Cartagena
Phone: (619) 688-6670
$745 Million in New Transportation Funding Will Drive Economic Growth and Upgrade State's Transportation System
SAN DIEGO – The California Transportation Commission Wednesday allocated $745 million in new funding to 118 transportation projects that will provide congestion relief for motorists statewide and bolster the state’s economy.
“We’re providing much-needed jobs and putting people to work building better roads, bridges, rail, and transit for California,” said Caltrans Director Malcolm Dougherty.
The allocations include nearly $82 million from Proposition 1B, a transportation bond approved by voters in 2006. In total, nearly $14 billion in Proposition 1B funds have been distributed statewide.
The remaining $663 million in allocations today came from assorted transportation accounts funded by state and federal dollars.
Regional highlights of the funding allocations include:
- $8.5 million to install ramp metering, closed circuit television, changeable message signs, traffic monitoring stations, fiber optic cable and maintenance pull-outs on State Route 56 and on Interstate 5 (I-5) in San Diego;
- $2.6 million for seismic retrofit and bridge improvements at the connector from eastbound State Route 75 to northbound I-5 and at the Interstate 805 Kearney Villa overcrossing in San Diego; and
- $2.3 million to install guardrail and concrete barriers along Interstate 8 from Fletcher Parkway to Severin Drive in La Mesa and at Dunbar Lane near Harbison Canyon.
Please see the attached file for more information about all projects that received allocations today.
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