Quote:
Originally Posted by joey2665
You are forgetting one key item. If the trail is re routed away from the railroad ROW then the federal funding disappears.
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Not at all....
- The cost to build the trail along the frontage will be much much higher than any of the the alternate routes.
- With the current administration, money for secondary transportation infrastructure is being redirected to primary transportation infrastructure and it is unlikely that it will be as available in the past.
So, let's look at Phase II economics:
$400k came from the of Laconia (beautification fund)
$500k came from federal grants
$100k came from fund raising
Phase III is purported to cost $10M (my analysis with bridges etc is actually more like $15M to $20M).
The city of Laconia (I am told) does not have money to donate with all the other projects and commitments. So, that would mean:
$4M federal grant (pro rata, if available)
$6M - $16M to be raised
If the trail goes along one of the alternate routes the cost is only a fraction as there are no bridges to build, fences to separate the train from the pedestrians, trestle bridge issues etc... The route along the frontage is fraught with issues and associated costs...
Jetskier
