Here's a brief overview of what was said at last night's Citizens for the Train meeting.
Due to the economic situation many local businesses are facing, the ability to finance the train study using solely private funds is not going to happen. It was stressed that this does not mean that there will not be any source of private funds as the project goes along but rather it means that public funding would also need to be used.
To this end, PennDOT is providing money statewide to various transportation initiatives. Barry Cassidy and others are in the process of completing an application which, if approved, would see the project receive $300k for the feasibility study which is the next step of this process. The application is due by Dec. 15th, no word on when an answer from PennDOT is expected. Should the money be received, the feasibility study would proceed and take about six months to complete. There was no discussion on what would happen should the PennDOT money not come through.
One additional note of interest was that the extension to Oaks, which was originally described as a possibility, will be a part of the train line should it happen. This will connect 422 to Paoli, in theory relieving a lot of the congestion along that route.
There is an article in today's Phoenix with some more details as well.
Due to the economic situation many local businesses are facing, the ability to finance the train study using solely private funds is not going to happen. It was stressed that this does not mean that there will not be any source of private funds as the project goes along but rather it means that public funding would also need to be used.
To this end, PennDOT is providing money statewide to various transportation initiatives. Barry Cassidy and others are in the process of completing an application which, if approved, would see the project receive $300k for the feasibility study which is the next step of this process. The application is due by Dec. 15th, no word on when an answer from PennDOT is expected. Should the money be received, the feasibility study would proceed and take about six months to complete. There was no discussion on what would happen should the PennDOT money not come through.
One additional note of interest was that the extension to Oaks, which was originally described as a possibility, will be a part of the train line should it happen. This will connect 422 to Paoli, in theory relieving a lot of the congestion along that route.
There is an article in today's Phoenix with some more details as well.
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