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To: no dems
And the cost of the project would be..................?

To taxpayers: Less than $50 million, for initial studies.

Total cost is approx. $6 billion, with virtually all of that being financed privately, along with a $1.2 billion concession fee paid by the private company to the state for the operating lease (the state will maintain ownership.) Part of that $1.2 billion will probably be used by the state to upgrade roads connecting the TTC to urban areas, the remaining surplus for non-related road projects.

13 posted on 07/19/2006 9:00:02 AM PDT by Diddle E. Squat
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To: Diddle E. Squat

That's not bad. I'd probably be in favor of that if I lived in that area.


17 posted on 07/19/2006 1:11:34 PM PDT by no dems (www.4condi.com)
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