To: Carry_Okie
The Sundial Bridge in Redding is a good example: of wasting taxpayer money via a government project gone astray. Originally budgeted at $2.3 million (1.4 million in federal funds) with a cap of 3.1 million on total expenditures, the cost swelled to $14 million BEFORE ground breaking. Final costs are estimated at $23 million for the PEDESTRIAN bridge. Estimated taxpayer subsidy for each PEDESTRIAN crossing is about $20 dollars. Of course, it is billed as a FREE crossing.
To: WildTurkey
Originally budgeted at $2.3 million (1.4 million in federal funds) with a cap of 3.1 million on total expenditures, the cost swelled to $14 million BEFORE ground breaking. Final costs are estimated at $23 million for the PEDESTRIAN bridge. Estimated taxpayer subsidy for each PEDESTRIAN crossing is about $20 dollars. Of course, it is billed as a FREE crossing. While I agree that the sundial bridge should have been sold at cost, I have no doubt that it was made more expensive not for the cost of the bridge, but to fund a group of enviro-thugs who saw blood in the water. I also don't doubt that it will return far more than its cost over its lifetime.
17 posted on
12/10/2004 9:51:19 AM PST by
Carry_Okie
(There are people in power who are really stupid.)
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