MARTA Receives $25 Million ARC Lifeline

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Creative Loafing’s “Fresh Loaf” reports the following:

 

In a packed meeting at its downtown headquarters, the Atlanta Regional Commission threw cash-strapped MARTA a life preserver today, approving a reallocation of $25 million in federal stimulus dollars to help the transit agency avoid drastic service reductions.

Officials stressed the one-time funding shuffle wasn’t a bailout. Under the terms of the agreement, MARTA will shift money from its capital fund to pay for MARTA-related road projects that will benefit the region.

 

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