Plan to pay for high-speed rail draws fresh scrutiny Other Topics, posted by Editor, The Almanac Online, on Nov 30, 2011 at 12:17 pm
The California High-Speed Rail Authority's new business plan, which shows the price tag of the controversial project nearly tripling from initial estimates, is drawing a fresh wave of criticism from local officials, rail watchdogs and independent analysts who claim that the latest proposal to pay for the rail line would violate state law.
Read the full story here Web Link posted Wednesday, November 30, 2011, 10:19 AM
Posted by Martin Engel, a resident of the Menlo Park: Park Forest neighborhood, on Nov 30, 2011 at 12:17 pm
So, let's review:
1. What the CHSRA intends to do in the Central Valley with its initial construction violates the edicts of Prop. 1A and is illegal.
2. There will be no further funding to add to the currently available $6+ billion for Central Valley construction.
3. The rail authority will not build an operational high-speed rail in the Central Valley. Without further funding, that will be the only construction completed; one hundred miles of tracks usable only by Amtrak.
4. The voters were misled by the Proposition 1A bond issue ballot measure in 2008. The current plans call for a very different project, with three times the cost and a construction period of 22 years, 14 years more than in the initial plan.
5. The costs of this project take funding away from far more urgent needs in the state.
Posted by tom h, a resident of the Menlo Park: Downtown neighborhood, on Nov 30, 2011 at 12:36 pm
OK I was wrong in the beginning of this high speed scam I said it would be double the original cost. So all the corporate BS management are being payed millions of $$$ on our tax dollars and it is like the bridge to no ware but at high speed. Stop the madness!