Re: SFO voters to decide for entire Bay Area?

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Date: Mon, 28 May 2001 13:29:29 EDT
Subject: Re: SFO voters to decide for entire Bay Area?
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In a message dated 5/26/01 10:49:34 AM Pacific Daylight Time,
seven@mechsys2.me.berkeley.edu-DeleteThis.com writes:

> All those
> billions are going to have to come from somewhere...and probably a lot of
it
> will originate in Washington, and that has to get through the House, which
> isn't yet controlled by His Highness's party.

It is possible that some funding could be approved by FAA and the bulk could
be raised using airport revenue bonds that won't require a bill in
Washington. The interest on the bonds will be passed on to the airlines who
will builsd it into the fares at a rate of about $4 per passenger per billion
financed. If this thing ends up costing $10 billion, look for an increase of
$30-40 per ticket ( which will drive people to Oakalnd and San Jose where
they will be ultimately going anyway). Willie admitted in a talk to Silicon
Valley executives that it is really about SFO's desire to triple air cargo.

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