The Memphis light rail extension provides another example of new rail transit lines are coming in on time, under budget.
Construction of the Madison Rail Line extension is $19 million under budget, the head of Memphis Area Transit Authority said Tuesday. The agency budgeted $74 million. Now the cost is expected to be about $55 million, which includes the purchase of five trolleys and other equipment.
Thanks to Michael D. Setty
FULL STORY: (Memphis) trolley line costing $19 million less than expected

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