The mayor of Austin, Texas, wants his city to consider funding a passenger rail system to traverse the city -- a more extensive system than the commuter rail line currently being built in the Austin area.
"Austin Mayor Will Wynn today will call for a November 2008 election to build a Central Austin passenger rail system connecting the airport, downtown and the University of Texas, along with the Triangle and Mueller developments in near North Austin."
"Unlike the current commuter rail project, which Capital Metro is building with its own, diminishing resources, Wynn will propose creating a task force of several jurisdictions to work out plans for the city and other governmental entities - and possibly developers and private companies - to pay for the project. This could include, Austin City Council Member Brewster McCracken says, selling bonds to be paid back with general city tax revenue as well as profits from Austin-Bergstrom International Airport."
"No one knows what this would cost at this point. Capital Metro in 2006 proposed spending about $230 million to build a streetcar line from downtown to Mueller; the agency has revised that cost downward to $210.4 million. But what the mayor is discussing would be much more extensive, including a spur to the Triangle and a several mile run out to the airport that would have to include crossings of Interstate 35, Texas 71 and U.S. 183."
FULL STORY: Wynn calls for 2008 rail election

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