Colorado Springs will receive its share of $14 million in FASTER funds from the state government, according to news from the Colorado Department of Transportation.
The Funding Advancement for Surface Transportation and Economic Recovery will be spent for maintenance and equipment for the Front Range Express, a busing service to Denver. It will also be used for new vehicle purchases in Colorado Springs.
The Colorado Department of Transportation’s division of transit and rail will distribute the funds, assisting projects such as bus purchases and park-n-ride lot improvements.
“Given the state of the economy, we put more emphasis this year on fixing and replacing what exists, as well as on allowing the funds to complete existing projects and matching federal funds, rather than build new projects,” said CDOT director of transition, Mark Imhoff. “In fact, 74 buses or smaller vehicles will be purchased or rehabilitated with these funds.”
Other projects include transit stop improvements in boulder and park-n-ride lot improvements in Longmont and Pueblo. Cortez, Crested Butte, Durango, Fort Morgan, Ignacio, Montrose and Trinidad will receive money for a shared software system for small transit programs. Denver will get money to rehabilitate an RTD maintenance building and to improve light rail in the downtown corridor. Denver will also receive money for software programs for elderly and disabled programs, as well as to build ticket purchase kiosks for RTD users and to extend managed lanes along I-25 North.
Loveland will receive money for phase II construction of the regional bus transfer center and Wheat Ridge will get funds for new bus benches.