Cincinnati Considers Streetcar Proposal

Despite running a deficit, Cincinnati officials are strongly considering the construction of a streetcar system to spur economic development.

1 minute read

October 22, 2007, 6:00 AM PDT

By Mike Lydon

"Cincinnati should spend $102 million to build a streetcar line even though the city faces a $29 million deficit in 2008, officials urged Tuesday.

City Manager Milton Dohoney and City Architect Michael Moore pitched the project to City Council's Economic Development Committee, saying the investment would pay dividends in years to come as a result of increased economic development from new businesses and residents along the rail line's route.

That development would, in turn, boost much-needed tax revenues for the city, which faces the largest budget deficit in at least 25 years and likely ever."

Thanks to Jeff Wood

FULL STORY: Panel Pushes Streetcar Project

Wednesday, October 17, 2007 in The Cincinnati Post

Government / Politics Transportation Urban Development Ohio

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