The future of San Francisco’s Central Subway project is uncertain, but the city has nevertheless approved $57 million towards the project. Full federal funding for the new line connecting Chinatown to South of Market is dicey because of budget battles in Washington. Add to that a San Francisco Grad Jury report that called for the project to be scrapped because it would strain an already struggling MUNI system. Construction is already underway and tunnel excavation is expected to begin next fall. [Read more- San Francisco Chronicle].
San Francisco has been identified as one of the most vulnerable cities in the nation when it comes to water-related impacts of climate change....
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The high risk to the City’s finances is a real concern—because the Federal Transit Administration requires that ALL cost-overruns must be paid by the City of San Francisco. Irrespective of good intentions and planning, consider that most (perhaps all) large infrastructure project exceed budget by extraordinary amounts.