Cincinnati streetcar plan moves forward
Sending a strong message that officials hope is heard from Cincinnati City Hall to Washington, a City Council committee Monday recommended approval of $64 million in bonds for the streetcar project, moving the long-debated plan a huge step closer to reality.
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Source: Cincinnati streetcar plan moves forward
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Although significant obstacles remain – among them, a possible lawsuit and the need for roughly $50 million more in state or federal grants – Monday’s decision demonstrated the firm local commitment to the project that a top Washington official said week would improve the city’s chances of securing the extra money needed. “This is a major first step,” said Mayor Mark Mallory, who minutes before the meeting began was still meeting privately with council members to allay concerns that the bonds potentially could commit the city to a project it might not be able to complete or afford to operate. |
Source: Cincinnati streetcar plan moves forward
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