Quote:
Originally Posted by Pinion
Looks cool but how does Translink have money for this while crying poor about other improvements?
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Its about capital vs operating investments. For capital, TransLink would only have to pay a portion of the cost and the senior government will contribute the rest. But for operation, they'll have to pay 100%.
For instance, TransLink's cost for the Main Street upgrade is $4.8M one-time (Fed+Prov $25.2M). The new SeaBus is $2M one-time (Fed $23M). Compare this to the full Hwy1 Rapid Bus at $4.9M/year, increase service on busy routes at $9.6M/year, increase service on U-Pass routes at $7.5M/year... Which project is more likely to go ahead?
PS. Just noticed.. if they choose the local contract for the SeaBus, they would have to double their contribution to $4M... Hmm.. no one in their right mind would pay double for the same thing, right...?