Mayors look at partners, cutting price
TransLink is trying to shave $100 million off the price tag for the $970-million Evergreen light-rail transit (LRT) line to Coquitlam.
Yesterday, Port Coquitlam Mayor Scott Young said the regional transportation agency is looking at cost savings in an attempt to curry favour with — and financial support from — Ottawa and Victoria for the line.
TransLink needs another $400 million by April 1 to start building the LRT line in September. Without the senior government money, TransLink says Evergreen is dead.
Young said TransLink is also responding to new provincial government rules requiring capital projects of more than $20 million to have a component of private revenue.
“We’re looking at ways internally at TransLink, and within the region, for potential partnerships that may assist in reducing the overall impact of cost onto the taxpayer,” Young told The Tri-City News yesterday.
Last year, the TransLink board, which then included Young, Coquitlam Mayor Maxine Wilson and Port Moody Mayor Joe Trasolini, voted to extend the completion date of Evergreen by two years, ending in 2011 rather than 2009.
The result, they said, would mean a cost “savings” of $107 million on contracts.
Still, the construction bill soared from $800 million to $953 million and, later, to $970 million — or $86.2 million per kilometre — when TransLink proposed a tunnel at Lougheed/Barnet/Pinetree.
To date, TransLink has committed $400 million to Evergreen while the province has earmarked $170 million after 2010, for a total of $570 million — $400 million short.
Young said private funding for Evergreen “is yet to be determined but we’re looking at potential partnerships like park-and-rides. It has been done on the Canada Line and we’re examining other models that have taken place, so we’re not pulling this out of thin air.
“We’re sending clear messages to our senior levels of government that we’re going to examine every potential aspect of this project,” Young said. “We’re going to demonstrate that we’re being financially responsible to gain their acceptance and, hopefully, overall approval of this project.”
Meanwhile, Young said he has asked TransLink to consider re-locating the proposed site for Evergreen’s maintenance/operations yard from an area south of Barnet Highway (around Bond Street) to the PoCo Transit Centre on Kingsway Avenue – land TransLink already owns.
That way, Young said, Evergreen could be extended to PoCo — a move that would be considered positive by Pitt Meadows and Maple Ridge, which are also pressing for an LRT extension to those communities.
“That invitation is out there to TransLink,” Young said. “It’s been clearly communicated on several occasions and we welcome the opportunity to be home to the maintenance yard for the LRT.”
PoCo Coun. Greg Moore, who chairs the city’s public works committee, said he has also raised the subject with TransLink, given the high cost to expropriate land and business from the Barnet corridor in Coquitlam.
TransLink spokesperson Ken Hardie confirmed TransLink staff are studying options to extend Evergreen to PoCo.
“We’re having a look to see what corridors exist,” he said.
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