Irvine Ca Transportation Finances

Construction of the Guideway Demonstration Project, a transit system connecting John Wayne Airport with the Irvine Business Complex, will cost between $130 million and $146 million, officials learned Wednesday during a meeting of the Irvine Transportation Authority's finance commission. City officials will need to come up with $11 million to $31 million, depending on the eventual size of the rail system. One possible source of that money is selling advertising on the side of the train cars.

Construction of the Guideway Demonstration Project, a transit system connecting John Wayne Airport with the Irvine Business Complex, will cost between $130 million and $146 million, officials learned Wednesday during a meeting of the Irvine Transportation Authority's finance commission. City officials will need to come up with $11 million to $31 million, depending on the eventual size of the rail system. One possible source of that money is selling advertising on the side of the train cars.

The city and UC Irvine have agreed to terms of a contract that would allow the university to develop its North Campus property with office buildings and apartments in exchange for paying the city almost $15 million for traffic improvements.

The city and UC Irvine have agreed to terms of a contract that would allow the university to develop its North Campus property with office buildings and apartments in exchange for paying the city almost $15 million for traffic improvements.