Important Step Taken to Bring Rail to Dulles
August 27, 2009
Another important step was taken today toward completing the long-awaited extension of Metrorail in the Dulles Corridor serving not only Tysons Corner and Fairfax County, but also serving Dulles International Airport and Loudoun County and completing the transit link to the rest of the National Capital Region.
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.
At its June 18, 2007, meeting, the Fairfax County Board of Supervisors authorized a local funding agreement with the Metropolitan Washington Airports Authority (MWAA) and Loudoun County and a cooperative agreement with MWAA, and also authorized expenditure of funds from the District for the construction of the Project.
Subject to future approval by the Fairfax County Board of Supervisors with respect to Phase II of the Project and subject to annual appropriation by the board, it committed Fairfax County to funding a percentage of the total cost of construction.
Today's action, taken in a bond validation suit brought in Fairfax County Circuit Court by the Fairfax County Economic Development Authority (EDA), the County, and the District, validated the proposed plan for financing a portion of the cost of Phase I of the Project through EDA bonds, which had been approved by the board on June 22, 2009.
“Fairfax County looks forward to continuing the collaborative effort between local, state and federal governments and the private sector to realize our long-term aspiration of bringing rail to the Dulles Corridor,” said Board of Supervisors Chairman Sharon Bulova.
For more information, contact the Chairman’s Office at 703-324-2321, TTY 711.
Contact: Merni Fitzgerald, Director, Office of Public Affairs
703-324-3189, TTY 711, Media Pager: 703-324-NEWS (6397)
To request this information in an alternate format, call 703-324-3187, TTY 711