Downbound train: Federal money headed for light rail line that’s heading nowhere
A planned billion-dollar-a-mile San Francisco light rail spur, to be built almost exclusively with federal dollars, should be scrapped, according to a stinging report from a civil grand jury which found the project wildly overpriced and hugely flawed, according to reporting by Rachel Gordon of the San Francisco Chronicle, Will Reisman of the San Francisco Examiner and in an un-bylined story on KTVU.
The report bashes the project’s inflating price tag, which has ballooned from $648 million eight years ago to $1.6 billion — this still one year before any construction even starts. (more…)