Panos Prevedouros, PHD

BY PANOS PREVEDOUROS PHD – It appears that several of you on the Honolulu City Council are misinformed about the status of the rail project. Here is a five line update:

1.  The city does not yet have FTA approval to enter Final Design.

2.  The City has not completed Final Design. It is still collecting the necessary samples.

3.  Only after Final Design is completed, the city can enter into a Full Funding Grant Agreement with the FTA.

4.  Only then the actual dollar commitment of the feds will be set in terms of monies and year of expenditure.

5.  At that point Congress has the prerogative to cut the funding, reduce the funding or grant it as stated.

See for yourself: http://www.apta.com/gap/legupdatealert/2011/Pages/2011April20.aspx

Congress cut FTA’s New Starts by a whopping 20% for 2011.

The 2011 New Starts funds for the whole nation is $1.59 Billion and Honolulu is asking for $1.55 Billion. Floating bonds before federal funds are secured is a dereliction of your fiduciary duty and lack of due diligence.

 

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3 COMMENTS

  1. It appears that a certain instructor who has no hands-on, in-the-field experience is blowing more smoke aloft and continues to misinform the public with biased, one-sided information WITHOUT proper attribution.

    I believe the standard collegiate grade for NOT having accurate, clearly identifiable attributions is termed “FAIL”.

      • Problem is your article DOES NOT attribute facts spewn across the page to any SPECIFIC source. Just saying “check this link” IS NOT an attribution. That is a FACT.

        Now what were you saying about using your head? Try WORKING in-the-field, instead of spewing baseless rhetoric.

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