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Old Posted Dec 16, 2009, 9:19 AM
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LMich LMich is offline
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Join Date: Jan 2002
Location: Big Mitten
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You know, I'm not willing to go that far. I say that because we still aren't sure where the money for the publically developed line will come from. I can see why the private group wanted to get going, because they are very much close to having the funds to develop their portion of the line. A regional authority still hasn't been created, yet, and without that, we don't yet know how the development and management of the line will be funded. It's why most people have mixed feelings on how this has played out, still.

In this case, the privately raised $125 million is being used as the matching funds for the city's (public) project whenever it starts. It's all very strange and convoluted.
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