Three years into the project the end may be in sight.   

[view:node_ad=5]The County of Los Angeles has transferred $5 million to the City of
Santa Clarita
to help fund the completion of the Magic Mountain Parkway/I-5 Interchange.    

Santa Clarita has been working with L.A County
Supervisor Michael Antonovich throughout the span of the 3 year project.

The county previously contributed $4.7 million in June of
2008, to help with the total project cost of more than $48 million. 

“This improved freeway interchange will benefit the area’s transportation
system by improving mobility, enhancing safety, helping to alleviate
congestion, and greatly increase [the] capacity of the interchange,” Antonovich
said.

The entire project is a combined effort of both public and
private investors including the California Department of Transportation, the L.A County Metropolitan
Transit Authority, and Newhall
Land and Farm. 

“This project is a great example of a public private
partnership that benefits our entire Valley. 
The city is very pleased to be charged with leading this important
project,” said Santa Clarita Mayor Frank Ferry. 

The continued funding from the county can be attributed to
the City and the County’s long-standing cooperative agreement to transfer
Bridge and Major Thoroughfare District funds between agencies. 

The City estimates the projects completion in December 2009.