ARTICLE
14 January 2013

Lost The Kings, But Got Federal Transit Funds For Light Rail

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Goodwin Procter LLP

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It is no consolation prize for the City of Sacramento, but on the eve of the City losing the Sacramento Kings to the City of Seattle, the U.S. Department of Transportation announced that it will provide $135 million in federal matching money for the Sacramento Regional Transit District’s light rail system.
United States Environment

It is no consolation prize for the City of Sacramento, but on the eve of the City losing the Sacramento Kings to the City of Seattle, the U.S. Department of Transportation announced that it will provide $135 million in federal matching money for the Sacramento Regional Transit District's light rail system. According to Transportation Secretary Ray LaHood: "The $4.3 mile Blue Line extension will link downtown Sacramento with the growing South County corridor offering commuters an alternative to driving and connecting the faculty, staff, and students at Cosumnes River College with the shops, restaurants and other businesses in the heart of the city."

Goodwin Procter LLP is one of the nation's leading law firms, with a team of 700 attorneys and offices in Boston, Los Angeles, New York, San Diego, San Francisco and Washington, D.C. The firm combines in-depth legal knowledge with practical business experience to deliver innovative solutions to complex legal problems. We provide litigation, corporate law and real estate services to clients ranging from start-up companies to Fortune 500 multinationals, with a focus on matters involving private equity, technology companies, real estate capital markets, financial services, intellectual property and products liability.

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