That hasn’t panned out because of the coronavirus pandemic. The fee initially generated about $7.6 million, and last year lawmakers dedicated $6 million of the money to MARTA’s Bankhead station renovation.
The fee has generated about $25.7 million in additional money over the past two years, and about $15.75 million will be used for transit projects in metro Atlanta.
On Thursday the transit authority — known as the ATL Board — approved plans to use up to $11.25 million of that money as a local match as MARTA applies for federal funding of its Five Points renovation. The agency could seek as much as $45 million in federal grant money for the $150 million renovation, which MARTA hopes to complete in time for the 2026 World Cup soccer semifinal game in Atlanta.
The ATL Board also approved plans to use $2 million of the ride-share money to match Gwinnett County’s application for an $8 million federal grant to expand its Gwinnett Place transit center.
Transit funding director Jonathan Ravenelle told the board that using the ride-share fee money as a local match could allow the region to take full advantage of the $107 billion in transit funding included in the five-year bipartisan infrastructure law that President Joe Biden signed in the fall.