When I came back to Seattle after my sojourn to SW and then Eastern Washington, I did not blink or complain a bit when the car tabs for my Metro cost more than twice the "mandated" thirty bucks. The money was going to the monorail! Cool - let's get 'er built!
Great pal JJ was expressing hesitancy over the project, and she had some standing, since a station was going in right between her balcony and Elliott Bay. I supported the plan even in the face of her quality of life and property values concerns.
Well, I just can't do it anymore. The whole project seems to be sinking under its own weight. I don't know if it's political wrangling, or incompetence of the SMP board or staff, or bad karma, or what, but I think it's time to turn Mother's picture to the wall, cut our losses, and get out of this.
The Seattle Times reported that we may see a monorail by the end of 2010 - and that we are going to be paying for it until at least 2050. The current construction costs are estimated to be $2.1 billion, despite the $1.75 billion cap on the project from the voters.
But it gets worse. According to yesterday's Seattle P-I:
This week it was revealed it will cost more than $11 billion to pay for the 14-mile monorail Green Line project and the debt to finance it. That's more than three times what Sound Transit will pay for construction and debt service for its 14-mile light rail line from downtown Seattle to Tukwila.That is to say, because so much of the project has to be financed, the actual costs to the taxpayers will be $11 billion. $785 million per mile.
(The Weekly has an article by Rick Anderson breaking it all down.)
So, all I can say is I have had enough. As much as I have tried to support this project, it just keeps getting worse and worse. I am going to contact the mayor and the city council, as well as SMP, and let them know that I think they should pull the plug.
It would have been so cool, though.
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