Thornton pays $60,000 for TOD planning
“Thornton will spend $60,000 for consultants to produce master plans for transit oriented development at FasTrack stations at 88th and 104th avenues.
City council unanimously voted on a pair of resolutions approving intergovernmental agreements with the Regional Transportation District (RTD) for partial funding of the station area master plans for those two stations.
Cost for the master plans is $300,000 ($150,000 each)— $240,000 of which will be funded by RTD through its Transportation Improvement Program (TIP). Thornton has to pay 20 percent of the cost as part of the agreements, and $60,000 is set aside in the 2013 budget for these items.”
Kranz, Tommy. Our Colorado News 1 May 2013.