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HomeMy WebLinkAbout2005-10-31 Correspondence1. New funding- Federal a. Federal Transit Administration b. 5 year commitment c. City - $300,000 annually 20% for Capital 2. New funding - Court Street Transportation Center a. CSTC - provides $200,000 annually to transit b. Total new operations funds - $440,000 3. Development of options a. FY07 - Balanced with no substantial change b. Study group to review c. Areas of review -current routes -trends in ridership -trends in development -future financial issues- e.g. fuel reserves Markets -new/unserved development -destinations, employment centers Street, road connections 4. Workable options to Council a. Review by Council b. Public hearing on options selection HERBERT HO0 MELROSE: AVE: ~ ST ' 420TH ST Legend % Acres zoned RS I RS-5 (78.23% ~ F~ f;- 1~ , ,?,.J -/0