Wednesday, May 24, 2017

Everything is for sale

Is there anything in this city we aren't trying to "improve" by letting some grifter hack off a little private scratch from it in some way?
Costello and members of the Algiers Point Association both said they would prefer it if the existing terminal remained in place and received minor upgrades, such as a paint job or new art on its walls.

While there is little money available for any sort of improvement, the RTA hopes to attract private dollars under a partnership that would need to be cleared by the state Legislature, Augustine said. The agency would issue a request for proposals, then a private developer could agree to finance improvements or build a new terminal in exchange for receiving ferry fare revenues or some other form of payment from the RTA.

Similar private involvement in public transportation projects has had mixed results elsewhere, ending in failure when costly projects don’t generate enough fare or toll revenue over the long-term.
Sure the privatization model keeps "failing" if you're judging it by quality of service delivered. But that isn't really the point, is it?

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