About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

RCED-95-216R 1 (1995-06-02)

handle is hein.gao/gaobackwi0001 and id is 1 raw text is: 


GAO             United States
                General Accounting Office
                Washington, D.C. 20548

                Resources, Community, and
                Economic Development Division


                B-261560

                June 2, 1995

                The Honorable Frank R. Wolf
                Chairman, Subcommittee on Transportation
                and Related Agencies
                Committee on Appropriations
                House of Representatives

                Dear Mr. Chairman:           (

                This report responds to your, request for information about the City of Chicago's
                Central Area Circulator (Circulator)-a $775 million light-rail project that is one of
                the major federal infrastructure investments in the nation. The objectives of our
                review were to (1) provide current information about the project's estimated costs,
                (2) describe current plans for the project's financing, and (3) identify issues
                concerning the project that are not fully resolved. In summary, we found the
                following:

                -     The Circulator is estimated to cost $775 million. However, the project is at a
                      relatively early phase-final design work is being completed, and construction
                      has not yet begun.

                      Funding for the project is to be split equally among federal, state, and city
                      governments. As of April 1995, the federal government and the City of
                      Chicago appropriated $115 and $78 million, respectively, for the project. The
                      state appropriated $20 million. On May 26, 1995, the state legislature did not
                      act to approve the Governor's request for fiscal year 1996 funding of $15
                      million for the Circulator. As a result, the city is assessing its options for
                      funding for the project.

                      Several issues regarding the Circulator merit continuing attention. First, the
                      Circulator's impact on the operations of Chicago's existing mass transit
                      system is uncertain. Second, experts we contacted stated that plans for the
                      Circulator have yet to fully resolve how the Circulator will (1) link with other
                      transit systems, (2) ensure that its advanced signal system operates as
                      planned, and (3) ensure pedestrian and vehicular safety.



                                     563 1GAO/RCED-95-216R, Chicago Circulator

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Already a HeinOnline Subscriber?

profiles profiles most