2025 MOW Spending Report: Passenger-rail programs
Gardner steps down as Amtrak CEO
Guest comment: Oliver Wyman’s David Hunt
Women of Influence in Rail eBook
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry
Stay updated on news, articles and information for the rail industry
railPrime
RAIL EMPLOYMENT & NOTICES
Rail News Home
Rail Industry Trends
Rail News: Rail Industry Trends
Metropolitan Transit Authority of Harris County, Texas(METRO) plans to hold an election Nov. 4 asking voters to issue up to $640 million in bonds to help fund the METRO Solutions Transit System Plan.
The proposal includes $1.6 billion in General Mobility payments between fiscal years 2003 and 2014. It also requires METRO to hold another election between Nov. 1, 2009, and Jan. 1, 2013, to determine if voters wanted to continue the payments after Sept. 30, 2014.
The first bond issue would enable the agency to extend light rail about 22 miles. If the second bond issue is approved, it would enable the agency to build the other 18-mile extensions outlined in the plan.
8/29/2003
Rail News: Rail Industry Trends
Houston Metro schedules bond election to obtain light-rail system expansion funds
advertisement
Metropolitan Transit Authority of Harris County, Texas(METRO) plans to hold an election Nov. 4 asking voters to issue up to $640 million in bonds to help fund the METRO Solutions Transit System Plan.
The proposal includes $1.6 billion in General Mobility payments between fiscal years 2003 and 2014. It also requires METRO to hold another election between Nov. 1, 2009, and Jan. 1, 2013, to determine if voters wanted to continue the payments after Sept. 30, 2014.
The first bond issue would enable the agency to extend light rail about 22 miles. If the second bond issue is approved, it would enable the agency to build the other 18-mile extensions outlined in the plan.
