The Seattle City Council seems to be flush with money right now.  They consider a possible $100 million dollar or more of additional costs, no big deal.  The tunnel’s projected cost to build to the Gates Foundation, is 1.55 billion dollars.  Contingency funds of $415 million have been set aside.  The typical overrun on this type of project in Seattle is 34%.  A responsible contingency fund would set aside $527 million.  There is a difference of $112 million.  If the Council is so sure there won’t be a large overrun, then donate an additional $50 million to the South Park Bridge Fund, and let’s get building.  The people of all color in the area would sure appreciate it.

Picture from the South Park Bridge wake.

http://www.flickr.com/photos/aboyandhisbike/4751653027/in/photostream/

http://www.redstate.com/hickorystick/2010/06/29/south-park-bridge-dear-mayor-mcschwinn-the-tunnel-is-about-access-to-billionaires-row/