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Bad deal on bonds costs Port Authority $39.2M

Thursday, February 17, 2011 By Jon Schmitz, Pittsburgh Post-Gazette The Port Authority this week paid a bank $39.2 million to escape from a bond deal it entered seven years ago that turned out sour. The payment to Bank of America Merrill Lynch canceled a complicated and risky transaction called an interest-rate “swaption” that the authority […]

RALLY TOMORROW FOR TRANSIT WORKERS

Our bus drivers, technicians, and other Amalgamated Transit Union workers will be having a rally tomorrow (2/15) at 4pm downtown at the County Courthouse in support of PresidentMcMahon’s address to County Council.  As many PPTers as possibleshould be there!Andrew

Next Meeting

 http://www.facebook.com/event.php?eid=130184457049849   Time 19 February · 12:00 – 15:00 Location University of Pittsburgh – Posvar Hall room 5203 Pittsburgh, PA Created by: Pittsburghers for Public Transit, Andrew C Wagner More info Really important meeting, we’ll be discussing the upcoming march in Squirrel Hill on 3/19, the upcoming publication of our newsletter, and promotion for both […]

Proposed March transit cuts to affect Oakland routes

Re-posted from Pitt’s University Times: The Port Authority of Allegheny County will cut its service by 15 percent, including some service to Oakland, beginning March 27. The plan, approved last week by the Port Authority board, will eliminate 29 routes and cause 180 employee layoffs. The plan amends a scheduled 35 percent service cut that […]

TRANSIT RALLY 1/28!

PLEASE JOIN US AS WE FIGHT THE UNNECESSARY 15% SERVICE REDUCTION APPROVED BY THE PORT AUTHORITY. THESE CUTS WILL SHED 140 GOOD UNION JOBS, LEAVE 13,000 ALLEGHENY COUNTY CITIZENS WITHOUT SERVICE, AND PUT MORE STRAIN ON AN ALREADY STRUGGLING ECONOMY.                                             WHERE        345 6TH. AVE ACROSS FROM THE PORT AUTHORITY OFFICE                                             WHEN                    FRIDAY JANUARY 28TH 2011 […]

Bleeding Wound (re-posted)

Posted on January 12, 2011 on publictransit4pittsburgh A cut is still a cut. No matter how big or small it is, a cut still bleeds. Right now, the public transit system in Pittsburgh is a bleeding wound. Despite the efforts by outgoing Governor Rendell to supply a band-aid to the Port Authority for this fiscal […]

Hop on our monthly meeting! Meet some PPT Members during our social hour thats going on now. Then our meeting starts at 7!We're talking about the Port Authority's new Fare Proposal and our statewide organizing campaign for expanded transit funding: us02web.zoom.us/meeting/register/tZAtc-Chpj8iG9QU5ECLyj98Zl6iq9EbunH8?fbclid=IwAR0DwinK4_BmPh_d2O... ... See MoreSee Less
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Port Authority has another survey out - this time they want to hear about your experience riding their buses or rails. Take 5 mins to give you input now and get entered to win a free monthly bus pass: portauthority.org/BusRailSurvey2021?fbclid=IwAR0i6MQPRX--r-bb9YSAtZOeC93xZg_wzJPTHSC7i7c-70dZAr1-... ... See MoreSee Less
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Organize for a better world. Join us at our Monthly Meeting tomorrow, 7pm via zoom or phone. Help strategize on how to win a more equitable fare proposal that benefits all riders. RSVP here: us02web.zoom.us/meeting/register/tZAtc-Chpj8iG9QU5ECLyj98Zl6iq9EbunH8 ... See MoreSee Less
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