At special meetings this afternoon, the Hennepin County Board of Commissioners and Hennepin County Regional Railroad Authority approved up to $435 million for early construction activities and other expenditures for the Southwest Light Rail Transit project (SWLRT).
These actions enable the Metropolitan Council to award the construction contract to begin work on the $2.03 billion transit line, which they are expected to do later today.
The county board also approved a commitment, as requested by the Federal Transit Administration (FTA), for up to an additional $200.3 million for Southwest LRT, or 10 percent of the total project budget, in the event of funding shortfalls or cost increases, with a parallel commitment for the Bottineau Light Rail Transit project. Continue reading “Hennepin County advances Southwest LRT project with funding approvals”