Wednesday, October 24, 2012

Nearly $300 Million Approved for Projects to Help California Motorists

The California Transportation Commission today allocated $287 million to 23 projects that will provide better roads, transit, and bridges while at the same time strengthening California’s economy.  

“We are building transportation improvements that will benefit the state for decades and will also boost job growth in every region of California,” said Caltrans Director Malcolm Dougherty. 

The allocations include $259 million from Proposition 1B, a transportation bond approved by voters in 2006. In total, nearly $14.6 billion in Proposition 1B funds have been distributed statewide. 

The remaining $28 million in allocations came from assorted transportation accounts funded by state and federal dollars.

Among the projects that received funding today were:  $153 million from Proposition 1B for a project that will replace the Gerald Desmond Bridge in Long Beach with a new bridge to relieve traffic congestion and improve goods movement in one of the nation’s busiest ports. The project had previously received $153 million from the State Highway Operations and Protection Program (SHOPP). The SHOPP money was replaced today with an equivalent amount from Proposition 1B, a move made possible thanks to bid savings from various Proposition 1B projects. Today’s action frees up the SHOPP dollars to be allocated in the future to other transportation projects.