The Latest on Oahu Rail
Cliff Slater and the rest of the gang over at Honolulu Traffic.com have the latest on what will be the real cost of rail transit on this island.
“We have a new article containing a spreadsheet with the $4 billion initial estimate for building rail, upgraded 25 percent to $5 billion to allow for cost overruns, and adding reasonable estimates for bond interest charges and operating losses. When the tax expires we owe $6 billion.”
The website shouldn’t be missed, here and then the article on the rail is here.