| Section 3035(b) of ISTEA authorized $515.00 million in Section 5309 New Start funds and directed FTA to enter into a multiyear grant agreement with Tri-Met.
In September 1992, FTA and Tri-Met entered into a Full Funding Grant Agreement (FFGA) for the segment from downtown Portland to 185th Avenue. The Section 5309 New Start share for this segment was $515.99 million. Final design and construction for the Hillsboro extension commenced under a Letter of No Prejudice issued by FTA in August 1994. Consistent with Section 325 of the fiscal year 1992 Department of Transportation and Related Agencies Appropriations Act (P.L. 102-143), a restated FFGA with a Federal commitment of $590.06 million was signed in December 1994. The 1994 FFGA for the Westside-Hillsboro project provided a contingent commitment of New Start funds of $74.06 million to fund one-third of the Hillsboro extension cost.
Under the FY 1997 Appropriations Act, an additional $40 million was authorized for the project, at a 75:25 match ratio. The FFGA was amended to reflect this additional authorization in November 1996 increasing the total commitment to $630.06 million in Section 5309 New Start funds. Through FY 1997, Congress has appropriated $530.28 million for the project.
Construction is underway along the entire alignment with approximately $858 million committed and $597 million spent through September 1996. |