Cobb Chairman mulls 2016 bond referendum for bus rapid transit (Atlanta: how much, home)

[jsvh]

FYI - This is for a Half a Billion Dollar project (enough to build the Beltline east & west extensions of the streetcar). Cobb is expecting the state and Feds to pick up the rest. Most of the Streetcar was paid for by the CoA.

//www.city-data.com/forum/atlan...e-running.html

[afdinatl]

You should have seen the traffic on 75 north this afternoon. I think a turtle could have moved faster

[gtcorndog]

Originally Posted by jsvh

Most of the Streetcar was paid for by the CoA.

//www.city-data.com/forum/atlan...e-running.html

Incorrect.

$47.2 million came from the Feds. The project when started, was supposed to cost $69 million, so if the project went as intended, the Feds were going to pay for 70% of the project. The cost overruns were covered from city and local funds, but even then 50% of the funding came from the Feds... so you are wrong.

Do some research.

[arjay57]

Originally Posted by jsvh

FYI - This is for a Half a Billion Dollar project (enough to build the Beltline east & west extensions of the streetcar).

Why are we talking about running super expensive streetcars out to lightly populated areas that have been hemorrhaging population? We need to be allocating some of our very scarce transportation dollars on areas that are booming with new jobs, residents and taxes.

Once we've taken care of the immediate needs at hand, we can turn attention to more speculative ventures.

[brownhornet]

I live in Cobb and screw buses.

[jsvh]

Originally Posted by arjay57

Why are we talking about running super expensive streetcars out to lightly populated areas that have been hemorrhaging population? We need to be allocating some of our very scarce transportation dollars on areas that are booming with new jobs, residents and taxes.

Once we've taken care of the immediate needs at hand, we can turn attention to more speculative ventures.

I think BRT makes more sense for Cobb Parkway. But Half a billion for buses is a lot of money. However my issue is that local tax payers are only paying 20% of the price of the buses and asking people in other parts of the country to pay the rest. If Cobb wants $500 M buses great, It makes some sense, but pick up the tab not me.

Originally Posted by gtcorndog

Incorrect.

$47.2 million came from the Feds. The project when started, was supposed to cost $69 million, so if the project went as intended, the Feds were going to pay for 70% of the project. The cost overruns were covered from city and local funds, but even then 50% of the funding came from the Feds... so you are wrong.

Do some research.

But I didn't say "as intended" did I? They paid for most of the actual funding.

Of course I don't think Feds should be paying any for that or any transportation. 100% should be paid by users and local in some cases.

[gtcorndog]

Originally Posted by jsvh

But I didn't say "as intended" did I? They paid for most of the actual funding.

Of course I don't think Feds should be paying any for that or any transportation. 100% should be paid by users and local in some cases.

Nope.

You are still wrong there buddy.

*Atlanta Streetcar Funding Breakdown

The Atlanta Streetcar is jointly funded by a large federal grant, the city of Atlanta, and the Atlanta Downtown Improvement District. It’s managed day-to-day by MARTA. MARTA contracts with URS Corp. to do the actual construction work.

Initial Project Funding - $69,267,777
Federal TIGER II grant - $47,667,777
City of Atlanta - $15,600,000
Atlanta Downtown Improvement District - $6,000,000


Additional Funds - $29,386,939
Streetcar add-on costs (City of Atlanta) -$9,049,089
Transit and pedestrian enhancements (Atlanta Regional Commission grant)- $5,086,100
Luckie Street two-way (Atlanta Regional Commission grant) - $1,251,750
Utility relocation (City of Atlanta, Department of Watershed Management) - $8,000,000
Estimated additional costs, according to Weyandt: $ 6,000,000
Grand Total: $98,654,716

Do the math and tell me the COA paid a majority of the costs...

I'll wait while you find a calculator

[jsvh]

Originally Posted by gtcorndog

Nope.

You are still wrong there buddy.



Do the math and tell me the COA paid a majority of the costs...

I'll wait while you find a calculator

Atlanta paid majority of the costs.

47M Fed / 98M Total = 48% (less than half).

[gtcorndog]

Originally Posted by jsvh

Most of the Streetcar was paid for by the CoA.

Originally Posted by jsvh

Atlanta paid majority of the costs.

47M Fed / 98M Total = 48% (less than half).

Subtract the items that the COA didn't contribute and your statement that the COA paid for most of it is incorrect.
Atlanta Downtown Improvement District - $6,000,000
Transit and pedestrian enhancements (Atlanta Regional Commission grant)- $5,086,100
Luckie Street two-way (Atlanta Regional Commission grant) - $1,251,750

Basic math, son.

It is cute how you are trying to run away from the original discussion though...

[jsvh]

Alright GT take your win on the CoA technicality. You agree "local sources" paid most then, yes?