NO CASH COW

 Cayetano unveil s FAST plan at $1.1 billion http://bit.ly/R2Z0oG

"Longtime transit leaders like Chicago, New York City and San Francisco are planning new BRT(Bus rapid transit) services, while less transit-focused places like Hartford, Conn.; Jacksonville, Fla.; and Montgomery County, Md., are pursuing it as well. At a time when localities are struggling financially, it’s a cost-effective option." http://bit.ly/SNiB0y

THE MONEY RAIL

Honolulu rail transit board approves $7.2M change order for Kiewit

The Honolulu Authority for Rapid Transportation board of directors went into executive session Thursday two hours into its regular meeting in Kapolei to discuss its legal strategies in the wake of last week’s Hawaii Supreme Court ruling that said construction of the rail project should not have started before an archaeological survey was completed for the entire 20-mile line.

COST OVERRUNS????

Honolulu mayor asks for $450M credit line in the event the rail project runs out of money due to a "catastrophic, unforeseen event." http://bit.ly/I9e6tb

Rail: Not A Done Deal  http://bit.ly/IAlLhX “'No, Mr. Mayor, the federal government will not help defray cost overruns,' Hamayasu replied."

HERE COMES THE FLIP FLOPPIN'

Hawaii judge strikes rule used for Honolulu rail contracts