Congresswoman Waters Endorses 30/10 Initiative
Congresswoman Maxine Waters (CA-35) issued the following statement announcing her support for the 30/10 Initiative. On Friday, members of the Congresswoman's staff attended a rally at City Hall where thousands of Angelenos turned out to support the measure and the jobs it would create in the area:
"Today I formally announce my support for the 30/10 Initiative and look forward to enhanced public transportation access for the constituents of the 35th District, which I represent in Congress, and for all Angelenos. 30/10 will bring much needed, good paying jobs to L.A. while augmenting the necessary infrastructure to get Angelenos to work, school, the airport and the wide variety of entertainment attractions that are found throughout the region. 30/10 will stimulate our local economy while providing a more sustainable, environmentally friendly way for all of us to get around.
Specifically, I am pleased to know that 30/10 will expedite the construction and completion of the Green Line extension in my district. 30/10 would enable the LAX Green line extension to be completed in 2016 instead of 2018. I would have liked to have seen this day come sooner as we have always supported public transportation that takes travelers all the way into LAX, but I am nonetheless excited by this new timeline.
You can count on my support of this initiative and future improvements of the much needed public transportation system for our region."
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About 30/10 Initiative: The concept of the 30/10 Initiative is to use the long-term revenue from the Measure R sales tax as collateral for long-term bonds and a federal loan which will allow Metro to build 12 key mass transit projects in 10 years, rather than 30. Accelerating construction of these 12 key Metro projects will result in substantial cost savings. Successful implementation of the 30/10 Initiative will also deliver immediate benefits like hundreds of thousands of jobs to improve the local economy, reduce greenhouse emissions and ease traffic congestion. The 30/10 Initiative is both an unprecedented step forward for LA County and a model of progress for the entire nation. Source: Metro.