The California Department of Transportation (Caltrans) announced March 13 that $57.4 million in new transportation funding has been allocated from Proposition 1B, the voter-approved transportation bond.
The funding will be used for two projects: One will construct a High Occupancy Vehicle (HOV) lane and auxiliary lanes at various locations on Interstate 580 north of Pleasanton and in Livermore in Alameda County. It also will widen the freeway to accommodate the future conversion of an HOV lane to a High Occupancy Toll lane.
The second project will repair and repave about 5 mi. (8 km) of I-580 in the general vicinity of the first project to minimize the cost of future road maintenance.
“As intended, Proposition 1B is paying for vital transportation projects that relieve traffic congestion, improve air quality, and more importantly, provide a shot in the arm to California’s economy,” said Caltrans Director Will Kempton.
More than $1.6 billion in Proposition 1B funding is being spent on projects that are under construction right now.
An additional $2.2 billion could be awarded by June 30.
In addition to the Proposition 1B allocations, the California Transportation Commission allocated $139 million for 60 other transportation projects.
This funding comes from the State Transportation Improvement Program, the State Highway Operation and Protection Program, and the Traffic Congestion Relief Program.
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