Kudos to Grapevine for pushing for answers before committing to blow OUR money. We can only hope they won’t be bought into selling us all out.
Questions all cities involved should be asking is WHERE does the money come from?
Keep in mind a federal grant is still YOUR money. And we don’t know if you’ve heard, but the Feds are broke too.
The Fort Worth Star-Telegram reports on Grapevine’s integrity vote.
A plan spearheaded by the North Central Texas Council of Governments to extend passenger rail service from southwest Fort Worth to Plano hit a snag in Grapevine this week.
The Grapevine City Council is not yet ready to support the plan -- or even to sign an agreement asking the council of governments to work on it, a requirement under state law if the project is to move forward.
The council balked for good reason. Council members decided that they did not have enough information, City Manager Bruno Rumbelow said in a Thursday interview.
The Grapevine-to-Plano segment depends on funding from a private entity, which would then take a share of revenue generated by development around stations along the line.
That last part stumped the Grapevine council, Rumbelow said. The council wants to know more about how the finance mechanism would work and to determine whether it might drain development revenue that otherwise would come to the city.
That's important information. The council was wise to withhold its support until it gets answers.
Read more here: Grapevine balks at rail project's lack of specifics
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