‘A Great Day for the State’: Board of Public Works Approves Purple Line Settlement
The three-member Maryland Board of Public Works unanimously approved a settlement that ends all financial claims and litigation concerning the proposed Purple Line. Under the agreement, the state will pay $250 million, of which $100 million is due by the end of this month.
“We are going to see the Purple Line, a little late, but still working to unite the suburbs,” said board member and Maryland State Treasurer Nancy Kopp at the board’s Dec. 16 meeting,
The Maryland Department of Transportation, Meridiam, Star America and Fluor, which had been partners on the project, reached an agreement that allows the Purple Line Transit Partners P3 Agreement to proceed, but only with Meridiam and Star America as P3 developers and equity partners.
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