Cap Metro tries to keep Leander in transit system by offering infrastructure funding
In an attempt to keep Leander from holding an election on whether to cut ties with Capital Metropolitan Transportation Authority, the regional transit agencys board of directors voted unanimously Monday to sweeten its deal with the suburban community.
Under the new proposal, Leander would get access to almost $2 million in infrastructure funding this year and receive the lions share of a new $10 million infrastructure fund created by the Capital Metro board two weeks ago.
The city of Leander would also be able to tap into Capital Metros expertise in applying for lucrative federal grants. The transit agency expects to reap more than $43 million for itself this year in federal assistance.
The Capital Metro board is trying to raise the stakes for Leander as City Council members consider whether to call a general election on membership in the transit system.
Read more: https://www.austinmonitor.com/stories/2022/01/cap-metro-tries-to-keep-leander-in-transit-system-by-offering-infrastructure-funding/