Federal transit authorities, city sign light-rail deal | CharlotteObserver.com: "The contract means the FTA will spend $580 million on the new light-rail line. The city of Charlotte and the Charlotte Area Transit System will spend $250 million and the N.C. Department of Transportation will spend $299 million.
The line will connect uptown to UNC Charlotte, with 11 stations.
Construction on the 9.2-mile extension is scheduled to begin in November 2013; it could open as early as 2017."
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