Honolulu mayor urges HART board to consider alternative ways to pay for rail

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Honolulu Mayor Kirk Caldwell is urging rail officials to take their time before deciding on a plan that could help pay for the final segment of Honolulu’s $8-billion rail project.

The mayor asked the HART board to consider hiring a consultant to look into public-private partnerships.

While he has questions and concerns the mayor says he is open to a partnership.

“The City, the Executive Branch is willing to go forward with HART to explore triple P because it could result in future savings,” said Caldwell. “It’s incumbent on all of us to look for these savings for a project that has gotten more expensive.”

We’ll follow up and let you know when the HART board  makes a decision on whether to continue with the planned public-private partnership.

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