FASTER, or Funding Advancement for Surface Transportation and Economic Recovery, is a $14 million fund provided by the Colorado Transportation Commission for statewide and regional transit projects.
Loveland will receive $383,000 to finance the second phase of the Orchards Regional Bus Transfer Center at 29th Street and U.S. Highway 287. The transit center first got a boost in 2010 with a $224,500 grant, also from the FASTER fund.
City officials who could comment on the details of the second phase of the project were not immediately available. The first phase of the project included enclosed passenger shelters, restrooms for drivers and a park-and-ride lot to the east of the center.
Loveland’s FLEX bus service runs out of the Orchards Transfer Center, as does COLT, the City of Loveland Transit system.
FLEX is a service that runs between Fort Collins and Longmont, with stops at several points in between.
The City of Fort Collins will receive $384,000 for the purchase of six replacement buses, according to CDOT.