Let's go over some things I jotted down from the presentation:
- The $25 million federal grant cannot be used for planning or design. It can be used for construction, right-of-way, and vehicles. However, the project must enter construction within 18 months. Thus, you get the 3-year figure from the Observer article.
- The total project cost is $37 million. On top of that, there is an annual operating cost of $1.5 million. that's assuming, of course, the project is on budget. How often does that happen? If you need an example, we just opened a light rail line in 2007 that came in over 200% of the projected cost.
- The ridership numbers are awfully low, the presentation stated it was 950 per day. Warren Cooksey pointed this out and I think it gave most sane audience members pause.
- No savings on CATS routes #7, #9, or the Gold Rush Red. So the streetcar is not replacing anything. Don't worry, it gets better...
- CATS currently has the Gamerco cars to use, the newer Siemens cars would be $8 million to buy new. Looks like CATS is using the ones already in existence.
- $12 million in local money is being used to fund the project, taken from 4 different city sources. The $1.5 million will come from the general fund starting in fiscal year 2013.
Susan Burgess delivered this gem, saying "we can afford this!" referring to the $12 million. Not that she would answer the question of what that $12 million could've been used for that would really help the area like fixing potholes, finishing backed up sidewalk projects, or keeping the integrity of the comprehensive transportation plan intact without pitting the Northeast Rail Line and the commuter North Line against each other.
Another bonus was State Senator Malcolm Graham attending and talking about the benefits of this thing, small wonder of course since he was on the streetcar committee and just so happened to advocate this plan, which takes the state money out of the equation and puts a bigger burden on the city government. The rail funding plan - 50% federal, 25% from the state and 25% from the city is now 2/3rds federal and 1/3 local. Anthony Foxx actually said this means for dollar we contribute, the federal government is contributing 2. Well, DUH. Foxx was playing this off as a good thing, when it is anything but. The state has no money, the federal government has no money, and apparently the city has $12 million sitting around that has to be spent on something.
The acceleration of the streetcar is, primarily, the City Council delivering on the Foxx campaign platform. While it's intended to build the eastern and western sides of the city, the only thing being paid for right now is still uptown as it stretches from the Transportation Center to Presbyterian Hospital. THAT'S THE ONLY THING BEING PAID FOR!
3 years out, let's assume that somehow everything has gone according to plan. Like Hillary Clinton, suspend your disbelief for a minute and follow me. 3 years from now, the debate will rage about whether to continue going west towards Beatties Ford, or bring the line to Cental Avenue and Eastland Mall. How are we going to solve this one, guys? There is no guarantee of a federal or even a state grant or funding source to pay for the next leg. At this point, we've spent the last 3 years elevating this project above a new rail line. The Northeast Line, which should be in the well into development, has not started. The city is divided and we have no direction or leadership. What was once a comprehensive plan is in tatters.
Is this what we want for Charlotte? A streetcar that doesn't replace anything and isn't funded beyond the 1.5 miles? We're going to feel this decision for a long time to come.
