Thursday, February 27, 2014

CATS receives FTA approval to enter Gold Line Phase 2 project development

Rendering of streetcar tracks along Elizabeth Avenue for CityLYNX Gold Line - Phase 1 Rendering of streetcar tracks along Elizabeth Avenue for CityLYNX Gold Line - Phase 1 CATS

Charlotte Area Transit System (CATS) and the city of Charlotte received approval from the Federal Transit Administration (FTA) to enter project development for Phase 2 of the CityLYNX Gold Line.

 

The approval comes on the heels of Charlotte City Council's authorization for the city manager's use of $12 million to advance the project to at least 65 percent. This September, CATS will be able to submit a Small Starts grant application for approximately $63 million to execute the project and be included in the 2016 Presidential Budget, meaning the $12 million spent to advance the design will be eligible for reimbursement upon approval of the grant submission. The $63 million will fund half the project with the rest of the funding coming from an adopted budget ordinance consisting of existing General Community Investment Pay-As-You-Go and Municipal Debt Service Funds.

"We are committed to providing diverse transportation options and increased connectivity for our customers. Entering into Phase 2 is a step in the right direction to increasingly serve the public with transit services that promote a thriving community," said Carolyn Flowers, CEO of CATS.

Phase 1 of the CiyyLYNX Gold Line is currently under construction and will build 1.5 miles of the proposed 10-mile route. Phase 2 will extend the Phase 1 segment by 2.5 miles.



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