In a recent government meeting, officials discussed the adoption of a resolution for the 7th amendment to the local share interlocal cooperative agreement between the Advanced Transportation District (ATD) and Bexar County. This amendment aims to facilitate the transfer of up to $100 million in sales tax revenue to support the construction of the Via Rapid Silver Line, a significant public transit project.
The resolution, pending approval from both the commissioner's court and the ATD board, is expected to provide crucial funding for the Silver Line, which is part of the broader \"Keep San Antonio Moving\" initiative approved by voters in 2020. The project is designed to enhance public transportation access across the city, particularly for underserved communities, and is seen as a vital investment in public health and economic development.
County officials highlighted the importance of this funding, noting that it would not only support the Silver Line but also create a reliable long-term funding source for future road projects in Bexar County. The agreement allows for the immediate transfer of $80 million in surplus ATD funds to Via, with projections indicating that the total funding could reach $102 million by next September.
Via's leadership expressed enthusiasm for the project, emphasizing its potential to improve access to jobs and essential services for residents. The Silver Line is expected to operate with increased frequency, aiming for a bus every 10 minutes, which has historically led to significant ridership increases.
The meeting also addressed community engagement, with plans for public meetings to discuss proposed station locations and lane configurations. Officials noted that the project would benefit not only transit users but also improve overall traffic flow and safety in the area.
While the resolution received broad support, some concerns were raised regarding the long-term financial implications and the need for continued investment in public transit infrastructure. Nonetheless, the collaborative efforts between local government entities and the federal government were praised, with expectations for substantial federal funding to support the project.
As the county moves forward with this initiative, officials remain committed to ensuring that the benefits of improved public transit extend to all residents, including those in unincorporated areas of Bexar County.