Thursday, August 27, 2009

Another Important Hurdle is Cleared for Rail to Dulles

Fairfax County officials reported today that another important step was taken toward completing the long-awaited extension of Metrorail in the Dulles Corridor, serving not only Tysons Corner and Fairfax County, but also Dulles International Airport and Loudoun County and completing the transit link to the rest of the National Capital Region.

According to a county press release, this morning, Circuit Court Judge Stanley P. Klein ruled from the bench that the proposed plan to finance up to $400 million of the local share of the cost to construct Phase I of the Dulles Corridor Metrorail Project (the Project) through the issuance of EDA Bonds to be repaid with the proceeds of the special tax levied on commercial and industrial real estate in the Dulles Corridor Phase I Special Improvement Tax District (the District) is completely lawful and constitutional.

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