Passenger Trains > "FTA gives nod to Sound Transit / University Link"

November 17, 2008 news blurb from RAILWAY AGE Magazine:
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FTA gives nod to Sound Transit University Link

The Federal Transit Administration has formally approved its intention to provide $813 million to Seattle's Sound Transit for construction of University Link, a 3.5- mile light rail extension, largely underground, from downtown Seattle to the University of Washington.

FTA's contribution is roughly 50% of the projected $1.6 billion cost. Sound Transit is funding the remainder and has the money on hand; funding for the project is not contingent upon passage of Proposition 1, which was approved by area voters Nov. 4.

University Link is scheduled to open in 2016.