Quote:
Originally Posted by freerover
Brandywine is paying for half of the broadmoore station. I think that leaves about 23 million more to raise for the 2 new stations. That's a lot of cheese.
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I saw this quote from the
FY2019 CapMetro Budget document (pg 221 of pdf):
"Capital Metro will be reimbursed by the developer for all expenditures over $1 million. This project is currently dependent upon the award of a grant."
In their projections, CM showed that public contributions toward the Kramer station relocation (Broadmoor) would be 500k in FY2019 and 500k in FY2020, with the remainder of the $13.4M coming from "Other Capital Contributions." The line for "Grants" is blank.
So I'm confused. How is this dependent upon a grant? Is Brandywine still paying the vast majority of costs for the Broadmoor station? Or did they make their promise based on the outcome of a federal grant application? Presumably Charles Schwab would throw in a little cash as well, though probably not much.
Also did anyone ever explain why the Braker/McKalla station would also cost $13M? The Broadmoor station ($13.4M) appears to be a showcase station, with design features that go way beyond normal.