Rail

FTA: Honolulu must turn in updated financial plan

Posted on February 16, 2011

HONOLULU — FTA Administrator Peter Rogoff said he is expecting an updated financial plan on the rail project from the City and County of Honolulu, according to HawaiiNews Now.

Rogoff said the FTA's concerns include the latest proof that the city has sufficient resources to pay its share of the $5.5 billion the city estimates it'll cost to build the 20-mile elevated system. The updated financial plan is due to the FTA sometime in the spring. For the full story, click here.

 

 

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