Capital Metro’s board and the Austin City Council both gave unanimous approval to a $9.8 billion transit plan that would build three light rail lines throughout Austin. The plan, called Project Connect, likely will be put to voters this November in the form of a tax rate election. To finance the light rail lines, a new commuter rail line and a myriad of other improvements, officials estimated the city’s tax rate would need an 11-cent increase.
Full Article here: City, CapMetro OK $10B transit plan
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