List Your Equipment For Free  /  Seller Login

Feds: Honolulu Must Add $25M More Cash to Rail

Wed May 22, 2019 - West Edition #11
Associated Press


Honolulu must commit $25 million in city funds toward rail construction in the fiscal year that begins July 1.
Honolulu must commit $25 million in city funds toward rail construction in the fiscal year that begins July 1.

HONOLULU (AP) Honolulu must contribute more money to help construct the city's rail line before getting any of the $744 million in federal funding that has been withheld from the project.

The Honolulu Star-Advertiser reports that a Federal Transit Administration spokeswoman said May 7 the agency is insisting the city provide more money.

Honolulu must commit $25 million in city funds toward rail construction in the fiscal year that begins July 1. The city also must commit $92 million more in the next seven years before the federal government will resume funding the project.

The cost of the rail project has skyrocketed from about $5.2 billion to about $9.2 billion, forcing city officials to seek bailouts from the Hawaii Legislature in 2015 and 2017 that totaled billions of dollars.

For more information, visit staradvertiser.com.




Today's top stories

Construction Market Boosts Economy

Bobcat Company Donates $885,000 in Equipment to Support Salvation Army's Disaster Relief Efforts

VIDEO: KEMROC Expands; Plans to Increase Nationwide Presence

'Machinery Pete' Interviews Jack Lyon On RFD TV

VIDEO: First of Two Sections of NYC's $1.45B East Side Coastal Resiliency Project Is Complete

John Deere Construction Introduces Flexible Customer Training Options

INFRA Grant Moves Ohio's N. Coast Connector Project Steps Closer

Ohio Gov. Announces Millions for Local Bridge Improvements


 







39.95234 \\ -75.16379 \\ Fort Washington \\ PA