Proposed Indy Light Rail Could Cost $100 Million Plus

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Proposed Indy Light Rail Could Cost $100 Million Plus

By Nina Settappa

INDIANAPOLIS (AP) - A commuter rail line from Noblesville to Indianapolis is projected to cost at least 100 million dollars.

That's the estimate presented by the Metropolitan Planning Organization at a public meeting yesterday. The line would run along an old Nickel Plate line between the northern suburb and Union Station downtown.

Engineering consultant John Myers estimates a diesel light rail line could be up and running in three to five years at a cost of 100 million dollars to 160 million dollars. That includes upgrading the track, building about five stations and buying the equipment. A longer-term proposal for 2035 including two tracks and 19 stations would cost an estimated 690 million dollars.

The planning group will make a recommendation later this summer to the Indianapolis Regional Transportation Council.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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