Stakes High for M.T.A. and City In Vote on $2.9 Billion Bond Act.

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    • Abstract:
      The article mentions the proposed Renew and Rebuild New York Transportation Bond Act of 2005, which has been endorsed by both major candidates in New York City's mayoral race. The Metropolitan Transportation Authority will get half of the $2.9 billion from the bond act to improve its transit network and the other half goes to 130 other transportation projects. Proposition 2 is receiving support from business, labor, and environmental organizations; however, its passage by voters is far from assured.