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Austin City Council puts $1 billion rail, road plan on November ballot

Light rail, after a 14-year cooling off period, is back on an Austin ballot.

The Austin City Council, after making some tweaks to assuage concerns of business interest groups, Thursday voted unanimously to ask voters in November to authorize the city to borrow $600 million toward the cost of a $1.4 billion, 9.5-mile light rail line in Central and Southeast Austin.

Read more: http://www.mystatesman.com/news/news/local/austin-city-council-puts-1-billion-rail-road-plan-/ngxj8/?icmp=statesman_internallink_textlink_apr2013_statesmanstubtomystatesman_launch#909d5083.3509360.735453

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