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February 20, 2009 — Edwards will get its roundabouts after all. The on-again, off-again state highway project to bring traffic circles to the last bastion of roundabout-free Eagle County is back on again thanks to the Obama stimulus plan.
The Colorado Transportation Commission Thursday approved a list of “ready-to-go” highway projects to be funded with federal dollars provided by the American Recovery and Reinvestment Act (ARRA), and that list included $11 million for three roundabouts along the Edwards Spur Road between I-70 and U.S Highway 6.
While Colorado will receive over $500 million for transportation projects statewide, CDOT will receive $317 million in federal highway funding and another $12.5 million in federal transit funding for transit projects in non-urbanized rural areas.
The $787 billion stimulus package will also provide the additional transportation funding directly to transit agencies and the three large metropolitan planning organizations in the state (Denver Regional Council of Governments, Pikes Peak Area Council of Governments and the North Front Range Metropolitan Planning Organization) for their prioritized projects.
As a requirement of ARRA, CDOT must have at least 50 percent of its $317 million in funding committed to projects within 120 days. The remaining funding must be allocated to projects within one year. The Edwards roundabout project is slated to begin in 2010.
“It’s important to remember that this will likely not be the final list of projects to be funded with ARRA funds,” said Transportation Commission Chairman Bill Kaufman. “Colorado may receive additional funding or some projects may have difficulty meeting construction schedules.
“The $1.4 billion in projects we had on our initial list far exceeds the $317 million we expect to receive. We have many more projects we can accelerate should Colorado receive more funding from this program.”
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