RTD Will Implement FasTracks Internal Savings Account
After the board of directors for Denver’s Regional Transportation District approved moving forward with a FasTracks Internal Savings Account to help fund FasTracks projects that are not fully funded, RTD staff will begin the process of implementing the plan.
The savings account is comprised of eight items that are expected to generate nearly $300 million by 2017. The funds would be used to build the North Metro Line to at least 72nd Avenue in Westminster and complete RTD’s commitment on the U.S. 36 Bus Rapid Transit project, a partnership with the Colorado Dept. of Transportation. The RTD board has been considering the strategy since the RTD staff made the recommendation in November.