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Originally Posted by UofC.engineer
29th street has no significant volumes and never will. I live near the area and the road is pretty much a dead end. It is definately no Heritage or Southland. I'd rather see more grade separation on roads south of 22x along 52nd street in Auburn bay and Mohagany.
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Looking at the drawings again the grade separation at 29th St is more to reduce land cost allowing a climb up a hill than for traffic purposes.
Quote:
Originally Posted by UofC.engineer
Vancouver built the Canada line using P3 and the green line is scheduled to open in 2014.
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With a population double the size supporting projects at a total of maybe $3.5 billion. And yes, they have figured out they have no money for the UBC Skytrain extension because they are expanding rapidly. The Evergreen line still isn't fully financed on the Translink side and will need additional provincial contributions. They haven't announced the concessionaire for the evergreen line yet (according to the project website) - it is doubtful they will be able to open on the planned date.
Calgary being half the size authorizing a full NC and SE LRT would be north of $5 billion. Would take a while to pay off.
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Originally Posted by UofC.engineer
Forgive me, I'm unfamiliar with Ballot initiative finacing. What is it exactly?
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Can work many ways, but all involve votes of citizens to authorize projects and new taxes. Most common are two ways:
Project gets tendered and bids come back, a bid is selected and put to citizens in a vote which also authorizes a tax rise to pay for the project over a certain time frame.
Second way is to define your project scope and the tax power you want the project to have and go to the people. Once you have the tax authority, you tender. Usually it authorizes the time frame of construction and tax collection to be flexible to allow for a longer pay off term if the bids come in higher than predicted.
Really is the best way to get things done and take projects out of the hands of politicians once they are authorized. Since governments usually don't like raising taxes to pay for things, it solves that problems too.