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Mike Muldoon
Rosemont Seneca Partners, LLC
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mmuldoon@rosemontseneca.com


-----Original Message-----
From: "Paul Kalchbrenner" <pkalchbrenner@engage-dc.com>
Date: Thu, 9 Dec 2010 13:54:11
To: Mike Muldoon<mmuldoon@senecaga.com>
Subject: FW: U.S. Department of Transportation Redirects $1.195 Billion in High-Speed Rail Funds

In the words of Jerry Garcia, "One man gathers what another man spills."


From: Ron Thaniel [mailto:rthaniel@usmayors.org]
Sent: Thursday, December 09, 2010 2:41 PM
To: Monday Morning Group Listserv
Subject: U.S. Department of Transportation Redirects $1.195 Billion in
High-Speed Rail Funds


DOT 208-10
Thursday, December 09, 2010
Contact: Olivia Alair
Tel: (202) 366-4570

U.S. Department of Transportation Redirects $1.195 Billion in High-Speed
Rail Funds

WASHINGTON - U.S. Transportation Secretary Ray LaHood today announced
that $1.195 billion in high-speed rail funds originally designated for
Wisconsin and Ohio will be redirected to other states eager to develop
high-speed rail corridors across the United States. Wisconsin has
suspended work under its existing high-speed rail agreement and the
incoming Governors in Wisconsin and Ohio have both indicated that they
will not move forward to use high-speed rail money received under the
American Recovery and Reinvestment Act (ARRA). As a result, $1.195
billion will be redirected to high-speed rail projects already underway
in other states.

"High-speed rail will modernize America's valuable transportation
network, while reinvigorating the manufacturing sector and putting
people back to work in good-paying jobs," said Transportation Secretary
Ray LaHood. "I am pleased that so many other states are enthusiastic
about the additional support they are receiving to help bring America's
high-speed rail network to life."

The Recovery Act included $8 billion to launch a national high-speed
rail program that will modernize America's transportation network, spur
economic development domestically and keep the U.S. competitive with
other leading nations. High-speed rail grants announced under the
Recovery Act can be used only for high-speed rail projects and not for
other transportation projects.

Last year, the Obama Administration received a commitment from 30
domestic and foreign rail manufacturers to establish or expand their
base of operations in the United States if selected for contracts
building America's high-speed rail network. These rail manufacturers and
suppliers committed to not only locate in the U.S., but to ensure
high-speed rail projects are built by American workers with
American-made supplies. To deliver maximum economic benefits to American
taxpayers, the Administration's high-speed rail program also includes a
100 percent 'Buy American' requirement.

Under the Recovery Act, the Federal Railroad Administration originally
announced $810 million for Wisconsin's Milwaukee-Madison corridor and
$400 million for Ohio's Cincinnati-Columbus-Cleveland "3C" route. The
Federal Railroad Administration will redirect $810 million from
Wisconsin and $385 million from Ohio, and will work with these states to
determine whether they have already spent money under their contracts
that should be reimbursed.

The $1.195 billion originally designated for those high-speed rail
projects in Wisconsin and Ohio will now be used to support projects in
the following states:

* California: up to $624 million
* Florida: up to $342.3 million
* Washington State: up to $161.5 million
* Illinois: up to $42.3 million
* New York: up to $7.3 million
* Maine: up to $3.3 million
* Massachusetts: up to $2.8 million
* Vermont: up to $2.7 million
* Missouri up to $2.2 million
* Wisconsin: up to $2 million for the Hiawatha line
* Oregon: up to $1.6 million
* North Carolina: up to $1.5 million
* Iowa: up to $309,080
* Indiana: up to $364,980

###


--
Ron Thaniel
Assistant Executive Director
The United States Conference of Mayors
1620 I Street, NW
Washington, DC 20006
Direct: 202-861-6711
Fax: 202-293-2352
Website: http://www.usmayors.org
Economic Benefits of High-Speed Rail Website:
http://www.usmayors.org/highspeedrail