Looks like RTD has a plan for a portion of the North Metro corridor, here the scoop from the Post:
TRANSPORTATION
New plan aims at bolstering FasTracks to Commerce City
POSTED: 01/23/2013 08:35:01 AM MSTBy Monte Whaley
The Denver Post
Regional Transportation District officials say they have a financial plan that will help build the FasTracks North Rail Line from Denver Union Station to 72nd Avenue in Commerce City sooner than expected.
In fact, if the plan moves along as expected — and local governments agree — RTD says it could release a Request for Proposal to build the North Metro rail line to 72nd Avenue within the next 10 months.
RTD said last year that without additional funding, the North Rail Line may not be finished until 2044, causing anger among residents and municipalities along the corridor.
But Tuesday night RTD General Manager Phil Washington told the RTD board of directors that the agency has identified three areas it could tap to help fund the project. They include refinancing three RTD debt issues at the current lower-than-issued rates to reduce payments, improve cash flow, and provide additional capacity under TABOR spending limits.
Washington said this approach will allow the agency to complete a needed segment of FasTracks without a tax increase. He will produce a formal plan for the board in February.
RTD is also looking at federal grants to complete the rest of the North Metro Line and seeking help from "partners" in the region to fund the needed 50 percent match — which is estimated to be about $250 million.
Monte Whaley: 720-929-0907,
mwhaley@denverpost.com or twitter.com/montewhaley