denfromoakvillemilton
Senior Member
Member Bio
- Joined
- Apr 30, 2008
- Messages
- 7,456
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- Location
- Downtown Toronto, Ontario
It appears this is the missing $400M. Eglinton was projected to cost $4.2B and the SRT $1.8B. When the SRT was cancelled, the Province stated that $400M (or was it $320M) from the SRT was part of the Kennedy LRT Station - so they essentially move the $400M over and effectively said that Eglinton is $4.6B and only $1.4B is available for the Scarborough Subway. The City and Federal Goverment are talking as if the full $1.8B is available for the Scarborough Subway.
Don't worry, I'm sure city council will keep dragging out the decision with the belief that funding will appear, meanwhile nothing will get built
The city is on the hook one way or another for about $85m over this mess. This was stated at Metrolinx BOD on Sept 10.
If the province allocated $1.8B for the SRT because of Kennedy Station, there is no reason why the province can't move $315m from the SRT plan to the subway other than screwing the city.
At the same time, the city will have to cover the cost of the reduction in the number of LRV to be built, but should be off set for new subway cars for the extension as the T1 are replace for the line.
If council can't live up to its comment to fund the extra cost to built this dumb extension, they should be voted out of office in Oct 2014 election.
What's the over/under on the time it'll take for a councillor to propose a tax increase to help pay for the subway, and the subsequent time it'll take for Rob or Doug to say no? My bet is an hour for the former, and about 20 mins for the latter.
Exactly. This still might not get built. Unbelievable.
Glen Murray seems angry enough right now to want to screw the city.
So it's all Scarborough's fault?
Yes. We can talk about Ford but it was the residents who wanted this.