LA Mayor Villaraigosa an ambitious new plan to speed up new rail projects throughout the city, and to complete it all within 10 years instead of the previously proposed 30.
"The mayor scored a big victory last year when voters approved a sales tax measure to help fund the projects, which include a subway to the Westside, the extension of the Gold Line in the San Gabriel Valley, the extension of the Expo Line to Santa Monica and new rail lines down Crenshaw Boulevard and through downtown L.A.
The mayor's office estimates that the revenue from Measure R and other available funds would provide only an estimated $5.2 billion if they were to expedite the projects. The rest would have to come from private sector partners, the federal government or other public funding."
FULL STORY: Villaraigosa has bullish plan for rail transit projects
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