Posted Feb 24, 2007, 12:55 AM
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Registered User
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Join Date: Jan 2004
Location: Vancouver
Posts: 906
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Another article from today's Vancouver Sun. There are some good quotes from Falcon at the end of it.
Quote:
Burnaby- Coquitlam transit line will be built, minister says
William Boei
Vancouver Sun
Friday, February 23, 2007
The Evergreen rapid transit line from Burnaby to Coquitlam will "absolutely" be built, Transportation Minister Kevin Falcon said Thursday, adding that he is certain it will be built as a public-private partnership.
TransLink, the Greater Vancouver Transportation Authority, had been planning to build the Evergreen Line as a public project, but was more than $400 million short of the $970-million price tag.
Last fall, Falcon rejected TransLink's request for more money.
"The provincial government commitment to the Evergreen Line is absolute," Falcon said in a telephone interview from Victoria. "It's going to get built.
"The issue really is, how's TransLink going to pay for it, and how is it going to get built?"
Falcon said he has told TransLink its plan to build the Evergreen Line as a public project "is absolutely not on. You are going to be examining a P3 [public-private partnership] option and I can tell you, I can't see any circumstances where this is not done as a P3."
In P3 projects like the Canada Line and the Golden Ears Bridge, private companies generally help finance, design and operate the projects under long-term contracts.
TransLink has submitted a new business case for the project to Partnerships BC, a company owned by the province that assesses and oversees P3s.
The other piece of the puzzle is a governance review of TransLink ordered by Falcon. The review report has been delayed since fall, but Falcon said he will make it public in the first half of March.
"To me that is the first priority," Falcon said.
"Let's get a governance structure in place. Let's get a system and a structure in place that can rebuild confidence in the organization's ability to carry out megaprojects like that."
However, he would not say whether he plans to impose a new structure on TransLink -- speculation has involved everything from a private-sector authority like the one that runs the Vancouver International Airport, to an expanded agency governing transportation for Greater Vancouver and the Fraser Valley -- or whether he will just tinker with TransLink and provide it with long-term funding mechanisms.
Falcon has publicly portrayed TransLink as incompetent and dysfunctional, while most TransLink directors say its major problem is that the provincial government that created it has never provided the funding it needs to do its job.
[email protected]
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TRANSLINK TARGETED
Railing against TransLink is one of Transportation Minister Kevin Falcon's favourite activities. Here are some excerpts from the Sun's interview with Falcon:
On finances: "With the current fiscal plan that TransLink has in place today and the current projects they have in the pipeline, they are going to start significant deficits in '09, and they will essentially be bankrupt by 2012. So the whole organization is not financially sustainable. They can't go forward like this. They're lurching forward, adding new projects without putting the financing mechanisms into place, and they run off and do things like parking stall taxes etc., and it's a combination . . . that is filling the public with a deep sense of unease and lack of confidence in their ability to carry these things forward."
On Evergreen Line funding: "One of my frustrations with TransLink has been that they discovered a few months back that they had a hole [in the line's capital budget], and they came to us and asked for several hundred million dollars with a couple of days' notice. I flat-out said to them, 'Look, that may be how you make decisions, that's certainly not how we make decisions. You haven't even presented a business case for me. So don't you dare come and ask me for that kind of money.'"
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