Media Advisory: Caltrain to Announce Details of First ‘Early Investment’ Funding Release
Caltrain is hosting a news conference to announce a key funding allocation that will support critical work on an advanced signaling system, one of the corridor modernization projects funded through High Speed Rail’s ‘early investment’ program. The California Transportation Commission is expected to vote on whether to release nearly $40 million for Positive Train Control. The signaling system will provide the foundation for improved operations and safety and the advancement of electrification work later on.
WHAT: Press Conference to Announce Funding Allocation
WHO: Opening Remarks by Adrienne Tissier, Joint Powers Board Chair
Tom Nolan, Joint Powers Board Director
Rep. Jackie Speier
Asm. Jerry Hill
Sen. Leland Yee, Phd
Asm. Fiona Ma
WHERE: Caltrain Millbrae Station
WHEN: Sept. 27th at Noon
The Peninsula Corridor Joint Powers Board owns and manages Caltrain. The JPB is a partnership among the San Mateo County Transit District, the Santa Clara Valley Transportation Authority and the City and County of San Francisco through the San Francisco Municipal Transportation Agency. SamTrans is the managing partner. Caltrain’s contractor, Transit America Services, Inc., operates the 86 weekday trains, as well as weekend service along the rail corridor. Caltrain has experienced 24-months of consecutive ridership growth, reaching an all-time high of more than 50,000 average weekday riders in June 2012. As a result of this dramatic ridership growth, Caltrain will be going to 92-weekday trains on Oct. 1.