[identity profile] mem-winterhill.livejournal.com posting in [community profile] davis_square
Full statement: http://www.thesomervilletimes.com/archives/67215

Snippet:


....It is our understanding that the new cost estimate for the GLX will retain core program elements including seven light rail transit stations including a spur to Union Square, a Vehicle Maintenance Facility, a Community Path, and related utility upgrades. With that clear understanding, it is our intention as Mayor of the City of Somerville and City Manager of Cambridge to recommend to the Somerville Board of Aldermen and the Cambridge City Council that our cities commit to underwriting project costs for specific, tangible elements that would deliver meaningful public safety and quality-of-life benefits for our residents.

After discussions with the state, the needed value of new financial participation in the GLX for the City of Somerville is projected to be $50 million and the value of the City of Cambridge’s contribution is projected at $25 million, including financial contributions from the North Point developers, to close the funding gap. Again, any contribution will be subject to Board and City Council approvals....



The page also has a link to a letter from our state legislators who are miffed that tonight's final GLX meeting was cancelled.

Date: 2016-05-06 02:27 pm (UTC)
From: [identity profile] keithn.livejournal.com
Is there any word on where the $50 million is coming from? That's over $1500 per household in the city. That's a fair chunk of change.

Date: 2016-05-08 08:13 am (UTC)
From: [identity profile] pywaket.livejournal.com
Traffic and Parking should have no trouble providing that, should they decide to share their takings.

Yeah, I'm still annoyed about the bogus parking ticket I got on Monday....

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