April 2, 2007
For immediate release
Park-and-Ride Funding Approved
Community and Cultural Affairs
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The Honourable Elmer MacFadyen, Minister of Community and Cultural Affairs, announced today that a Park and Ride Research Study for the City of Charlottetown has been approved for funding through the Public Transit Capital Trust (PTCT). The PTCT was created to support capital investments in public transit infrastructure, contributing to PEI’s environmental goals. The $3.8 million trust is funded through the Federal Government and distributed through the Department of Community and Cultural Affairs.
“The Province is pleased to work collaboratively with the Federal Government and the City of Charlottetown on this project,” says Minister MacFadyen. "We are taking a strategic approach to commuter transportation by studying opportunities in multi-modal travel.”
“Charlottetown Transit will be announcing very shortly designated areas where consumers can park their vehicle and catch a bus at regular fare to the downtown core,” says Clifford Lee, Mayor of the City of Charlottetown. “We are hoping this initiative will reduce the demand on long-term permit parking in the downtown, reduce traffic congestion, and leverage parking meter space within the City.” For a 22-week trial period, officials say there will be free parking stalls initially dedicated to park and ride patrons and that if demand exceeds capacity, extra parking spaces can be accommodated.
The Charlottetown Transit System and the City of Charlottetown will implement the research project to determine the marketability and feasibility of a Park & Ride Transit Hub within the City. The $48,685 in funding will provide for a 22-week research project on a Park & Ride system. The study will examine the systems marketability, necessary resources, appropriate scheduling and public opinion.
For more information on bus schedules, contact 902-566-9962. The transit system is an environmentally friendly means of transportation.