RTD approves funding plan for Denver's FasTracks

Font ResizeTransportationBy Monte Whaley
The Denver Postdenverpost.comPosted: 12/19/2012 12:01:00 AM MSTDecember 19, 2012 1:8 PM GMTUpdated: 12/19/2012 06:08:41 AM MST

A plan to produce more than $277 million in new revenue to help complete a portion of the FasTracks mass-transit project in the northern suburbs was called "adventurous" Tuesday night.

Yet it appeared solid enough on paper to gain the approval of the Regional Transportation District board of directors, who noted the new money will come without a tax increase.

"I think this is a brilliant move," said director Bruce Daly. "It comes with a risk but it's a realistic risk."

The funding boost comes from eight separate areas within RTD and its FasTracks program that planners say can be modified, squeezed or delayed.

The plan calls for selling off properties, asking stakeholders in the FasTracks system to

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