Nearly 400 contractors, investment bankers, engineering firms and rail-car makers packed a forum at the Baltimore Convention Center Monday to learn what kinds of opportunities might be available if the state makes the $2.6 billion Red Line mass transit project a public-private partnership.
After Gov. Martin O'Malley signed a bill to raise the tax on gasoline by as much as 19.5 cents by 2016, his administration announced the money will pay for weekend MARC service between Baltimore and D.C., roads and bridges throughout the state and construction on the Red and Purple lines to begin as soon as 2015.
With three weeks left in the General Assembly session, Gov. Martin O'Malley and legislative leaders have begun the painstaking process of rounding up the votes to raise taxes on gasoline – a move so unpopular it hasn't been done here since 1992.
The Federal Transit Administration has given its blessing to the environmental impact assessment for Baltimore's proposed Red Line, clearing the way for final design but adding new urgency to finding the means to pay for the $2.5 billion light rail project.
Gov. Martin O'Malley and the Democratic leaders of the General Assembly are proposing to raise taxes on gasoline by $2 billion over five years to finance highways, transit and other transportation projects.