Eug
Senior Member
$49 million?It's only part of a class EA rather than an individual EA, and with the streamlining that was done for Transit EAs it won't take 4 years to get an EA complete - should be less than 12 months. I'd expect the biggest hold-up is that the City is going to freak when Metrolinx presents the bill for cancelling Transit City (which I assume they are waiting to do after the election) ... and Metrolinx may not want to go too far on a new EA until if it sees if City Council is going to go along with paying $100+ million to get out of the old Transit City plans.
“As of April 2011, we estimated the sunk costs would be at least $49 million, which is mainly for work associated with the environmental assessments and design/engineering and project management associated with the Finch and Sheppard LRTs.”