Metro considers new capital plan
Metro's Board of Directors began consideration of a new six-year, $5 billion capital program on Thursday aimed at upgrading the transit system, including procuring new rail cars.
Chief Financial Officer Carol Kissal outlined the advantages of a new "flexible" capital program that would be reviewed annually by the local jurusdictions that fund Metro.
The plan is then scheduled to go to the jurisdictions for approval before the new capital agreement is executed by the general manager on June 30, according to a briefing by Kissal.
-- Ann Scott Tyson
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