Quote:
Originally Posted by shermanator
Nenshi talks more about the Airport Trail tunnel, why it is necessary to build the tunnel now as opposed to later, and rags on Dial-A-Bob's misinformation on the tunnel as well.
http://www.nenshi.ca/new/2010/204 |
So.. In frustration of trying to understand how it could cost $500M to dig a hole, I asked Bob Hawkesworth on twitter, since he's the only guy who keeps saying that number. His response was the refer to the literature on his website regarding the tunnel and the petition.
So I read through all the documents, and guess what I found?
Basically the same thing as Nenshi: The tunnel option costs $500M today, $620 in net present value. BUT it includes the exact same upgrades to surrounding majors and intersections as the current strategy of no tunnel, which makes up 345/480NPV, meaning that the tunnel itself would cost at most around $150M. But if we wait until it's needed, then it costs 1.1B in additional funding, assuming that the city would even be able to shut down the new runways to facilitate boring the tunnel.
So in conclusion: I don't see any way in which Hawkesworth isn't incompetent in this matter. He's fear mongering, because he either doesn't understand the issue, or he has no idea how to compute the costs of things, which really wouldn't surprise me considering how council has acted this term.