ART Bombshell! FTA Hasn’t Approved ABQ’s Grant Request

“I am informed that FTA's letter of no prejudice makes no legal commitment to fund the project and that no federal money is currently being spent. The letter just provides that if the project is ultimately funded, the City will be able to seek reimbursement of money that it spends before the decision is made, but the City bears the risk that FTA's decision will be different.”