ALBUQUERQUE, N.M. (KRQE) – City councilors are waiting for the mayor’s administration to give them an updated financial plan on the Albuquerque Rapid Transit project.
Councilors went to their meeting Monday night with a resolution that would require leaders to provide more specific design and finance plans.
City councilors are asking for Mayor Richard J. Berry’s administration to report back in three weeks. They say the main issue is over how the city is going to fund ART for the next five years through 2021.
“Hopefully we will get the full $69 million initially, and then passes if it goes through Congress and the Senate. But if that’s not the case, we need to have a contingency in place if we are only going to get the $50 million,” said Councilor Ken Sanchez.
According to the bill, this could include a combination of government funding and fare hikes, but councilors want a concise plan.
Councilor Ken Sanchez, who is sponsoring Resolution 85, says the goal is to make some of the issues raised by the business community and citizens completely transparent. The other issues include design plans.
Councilor Sanchez says they want a map showing where parking spaces will be added and where the left hand turning zones will be.
The next council meeting is September 7th — that’s when they’re asking for that financial update before they take action on the resolution.
Councilor Sanchez says he believes this three week deferral will give the city plenty of time to ensure the public gets the information it deserves.
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