"The idea for the estimated $14 million to $18 million tramway came out of university
planning for a master plan to guide growth for several years. It was presented to
the North Macadam Steering Committee in 1997"
Gordon Davis, a consultant to the university working with engineers on a preliminary
study, said estimates show $9 million for design and construction -- compared to
a $14 million to $18 million range previously guessed -- and $480,000 a year for
Preliminary engineering work shows project costs of about $9 million for design,
construction and putting utility lines underground, and operating costs of about
$600,000 a year. The numbers total several million dollars less than earlier estimates.
"It's too expensive," Commissioner Jim Francesconi, who oversees transportation,
said about Howell's tunnel idea...The office guesses that it would cost between $50
and $80 million to build --... -- compared with about $16 million for a tram.
"then-Mayor Vera Katz pushed for a postcard-pretty design to bind the city's largest
employer to its newest neighborhood....She didn't consider it her job to watch the
budget. Unfortunately, no one else at City Hall did either."
"He now says he'll back a tentative $57.6 million funding plan that calls for the
city to more than double its contribution. Under the proposal, the city's share would
rise from $3.5 million to $8.5 million."
"According to Adams, since the recommendations were accepted, the construction budget
increased from $28 million to $57 million and the annual operating budget grew from
$915,000 to $1.7 million. (Math: $1.7e6/365 = $4657 per DAY)"
$3 million to $5 million
$12 million to $14 million
$14 million to $18 million
$9.5-$10.5 million minimum
$24 million - $30.2 million
may be "closer to $60 million."
.She didn't consider it her job to watch the budge
“The initial numbers were not based on reality, but political,” Graham said of the
cost. “It’s simply a surprise to people who were believing the political numbers.”
The Portland Tribune, Jan 2, 2004