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September 24th, 2012 By German Lopez | News | Posted In: News, Streetcar, Budget

City Council Moves Streetcar Refinancing Plan Forward

Budget committee agrees to shift $29m to keep streetcar on track

streetcar

City Council’s budget committee voted 6-3 Monday to use $29 million from other projects in part to move utility lines and pipes to accommodate for streetcar tracks. The plan will use $15 million from the Blue Ash airport deal and $14 million from a new financing plan to ensure the streetcar’s opening is not delayed further from the current 2015 deadline.

The city claims it will eventually get the $15 million back. That money, which was originally promised to neighborhood projects, will be used to move utility lines and pipes. The city is currently trying to resolve a dispute with Duke Energy over who has to pay to move utility lines and pipes.

If the city wins out, Duke will reimburse the costs. If Duke wins out, the money will be lost in the streetcar project.

At the public meeting that preceded the vote Monday, neighborhood officials and streetcar supporters clashed. Opponents to the plan claimed the money should stay in neighborhood projects as originally promised, while streetcar supporters pointed to the benefits of the streetcar for neighborhoods and insisted the money will eventually come back.

Chris Smitherman, Independent; Charlie Winburn, Republican; and P.G. Sittenfeld, Democrat, voted against the plan. Roxanne Qualls, Laure Quinlivan, Yvette Simpson, Cecil Thomas, Wendell Young and Chris Seelbach — all Democrats — approved the plan.

Jason Barron, spokesperson for Mayor Mark Mallory, says the mayor is in favor of the plan moving forward.

Although the vote included all City Council members, it was not the formal City Council vote. Instead, it was only the budget committee vote. The City Council vote will take place Wednesday.

CORRECTION: This story originally said the entire $29 million plan will be reimbursed by Duke. Only the $15 million from the Blue Ash airport deal will be reimbursed if the city wins in the dispute.

 
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