Comments on: MD State Budget Cuts Affect Purple Line, Rt.1 Improvements http://rethinkcollegepark.net/blog/2008/595/ Helping imagine a great college town for a great university Wed, 15 Feb 2012 18:30:13 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Chris Ellepola http://rethinkcollegepark.net/blog/2008/595/comment-page-1/#comment-168180 Chris Ellepola Fri, 12 Sep 2008 15:42:37 +0000 http://rethinkcollegepark.net/blog/2008/595/#comment-168180 Ben, right you are for that correction, thanks. As far as the ICC financing Clay mentioned, it looks like those new developments are resultant of its bond financing issues. They are unrelated to the state budget cuts, but instead related to expected Federal Transportation funding that is now uncertain. From above WP link: "On Wednesday, Porcari announced that the state must cut $1.1 billion... The intercounty connector was not affected by those cuts. Porcari said [Wednesday] the connector's construction remains on schedule and within its $2.4 billion budget." Nevertheless, thanks for the informative WP link, Clay. Ben, right you are for that correction, thanks.

As far as the ICC financing Clay mentioned, it looks like those new developments are resultant of its bond financing issues. They are unrelated to the state budget cuts, but instead related to expected Federal Transportation funding that is now uncertain.

From above WP link:
“On Wednesday, Porcari announced that the state must cut $1.1 billion… The intercounty connector was not affected by those cuts.
Porcari said [Wednesday] the connector’s construction remains on schedule and within its $2.4 billion budget.”

Nevertheless, thanks for the informative WP link, Clay.

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]]> By: Clay http://rethinkcollegepark.net/blog/2008/595/comment-page-1/#comment-168072 Clay Fri, 12 Sep 2008 13:59:14 +0000 http://rethinkcollegepark.net/blog/2008/595/#comment-168072 Looks like the ICC did take a hit after all. "Part of the intercounty connector project will be delayed indefinitely to save money, and a bond sale to finance some of its construction was postponed this week as officials deal with cost overruns and uncertain federal funding, Maryland officials said yesterday." http://www.washingtonpost.com/wp-dyn/content/article/2008/09/11/AR2008091103365_pf.html Looks like the ICC did take a hit after all.

“Part of the intercounty connector project will be delayed indefinitely to save money, and a bond sale to finance some of its construction was postponed this week as officials deal with cost overruns and uncertain federal funding, Maryland officials said yesterday.”

http://www.washingtonpost.com/wp-dyn/content/article/2008/09/11/AR2008091103365_pf.html

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]]> By: Ben Ross http://rethinkcollegepark.net/blog/2008/595/comment-page-1/#comment-167679 Ben Ross Fri, 12 Sep 2008 02:11:20 +0000 http://rethinkcollegepark.net/blog/2008/595/#comment-167679 The Purple Line was reduced BY $25 million, it still is at $75 million. Not good news, but not a catastrophe. The Purple Line was reduced BY $25 million, it still is at $75 million. Not good news, but not a catastrophe.

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