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Funding Announcement December 2011
Funding Announcement December 2011
Wednesday, December 14, 2011
We are delighted to announce that Croxley Rail Link has been
awarded the necessary central government funding required for its
construction.
Led by Hertfordshire County Council (HCC) the project submitted
a best and final funding bid to the Department for Transport on 9
September 2011. This bid outlined the benefits of the scheme and
the funding model required for its implementation.
Cllr Stuart Pile, Cabinet Member for Highways & Transport
said "Obviously we're delighted that the Croxley Rail Link has been
awarded this funding. We've all been talking about this project for
many years and we're thrilled that we will finally be able to go
ahead with the scheme, which will bring real economic and transport
benefits to the south-west of the county."
"We know that lack of transport infrastructure is one of the things
holding back economic development in the area, so investment like
this will make a real difference to the local economy."
The Mayor of London and Transport for London have been working
with HCC on the plans throughout to provide information and support
to help shape the proposals.
Mayor of London, Boris Johnson, said: "I have long supported the
Croxley Rail Link scheme seeking to unlock a raft of economic,
housing and environmental benefits coming from better transport
links between Watford, Hertfordshire and London as a whole . It is
extremely welcome news to hear that funding for this rail link is
now secured, which is now set to underpin the importance of Watford
as a key transport hub for the capital."
HCC and London Underground (LU) will now proceed through the
Transport and Works Act Order process which is the statutory means
for gaining the powers to construct, operate and maintain the
link.
The Croxley Rail Link is a proposed diversion and extension of
the Watford Branch of the Metropolitan line to Watford Junction via
Watford High Street. New stations will be provided on the new rail
link at Ascot Road, which forms a park and ride site for the area,
and Vicarage Road serving the Watford General Hospital and
the proposed Watford Health Campus development. As part of
the proposals the existing Watford Metropolitan terminus station
will close to passenger services. HCC, LU, Network Rail, Watford
Borough Council and Three Rivers District Council are working in
partnership to deliver the project.
Following the funding announcement, it is now intended to submit
the Transport and Works Act Order in early January 2012, after
which a formal six week objections period will commence.