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Thursday, April 3, 2003
Consultant says monorail has 80% chance of making budget
The city's monorail project has an even better chance of being built on time and on budget, a financial consultant said last night.
Golder & Associates last year gave the project a 60 percent chance of being built at or below the $1.75 billion budget. Those chances have improved to 80 percent partly because the authority is pushing to build the line a year earlier than expected. Also, many of the monorail campaign's leaders have stayed on.
Building a new Ballard Bridge remains a risk, and communities still threaten to make demands that would raise costs.
Also yesterday, architect Rick Sundberg was confirmed unanimously to the Seattle Monorail Project's board.
Sundberg, a principal at Olson Sundberg Kundig Allen Architects, was nominated to the board by Seattle City Council members who wanted architectural expertise in overseeing a project bound to change the city's landscape.
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