Denver's Regional Transportation District General Manager Phil Washington announced Jan. 22 that RTD has identified another item for the FasTracks Internal Savings Account that may allow it to take advantage of favorable debt interest savings. Refinancing a portion of the transit agency’s debt could offer RTD an opportunity to build the North Metro Rail Line to 72nd in Commerce City sooner than expected.
Washington said RTD staff has been studying its FasTracks Internal Savings Account as part of the agency’s risk-allocation matrix to identify additional innovative ways to allocate more funds to complete FasTracks projects.