Funding deal for Golden Gate Bridge road project

  • The intersection of Highway 1 and Doyle Drive is seen as the massive construction project continues, in San Francisco, Friday Feb. 3, 2012. A $1.1 billion project to replace the dangerous San Francisco approach to the Golden Gate Bridge must come up with $60 million by next month to proceed with the second phase, after expected federal and state funding fell through. The California Transportation Commission is considering whether to allow a regional agency to advance the needed money and be paid back over the next several years. (AP Photo/San Francisco Chronicle, Michael Macor)

SAN FRANCISCO — State and local transportation officials have lined up enough funding to launch the second phase of a project to replace the San Francisco approach to the Golden Gate Bridge.

Officials found themselves scrambling after $54 million failed to come through from federal and state sources. The problem threatened to delay construction on the new Presidio Parkway.

Crews are nearing completion on the first phase to replace the old Doyle Drive, the approach built in 1937 that sat on unstable soil and lacks a median or shoulders.

The $1.1 billion project is being run by a private-public partnership.

The San Francisco Chronicle reports (http://bit.ly/zp5Lip ) that a tentative deal was reached in which the San Francisco Transportation Authority, Metropolitan Transportation Commission and state Transportation Department all chip in the needed funds.

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