Downtowners Asked to Pay $62 Million for Streetcar

A plan to have stakeholders pay $62 million for part of the Los Angeles Streetcar could come to a vote by the end of the year. 

DOWNTOWN LOS ANGELES - According to Metro officials, a final route for the $125 million streetcar will be selected by December. The transit agency in August held the last public meeting to gather input on where the project propelled by 14th District City Councilman José Huizar should run. Ultimately the project will go roughly from L.A. Live to Bunker Hill, though options being considered include a leg that reaches Union Station. Meanwhile, officials with L.A. Streetcar Inc., a nonprofit established by Huizar to run the streetcar, continue to explore whether a special tax should be levied on private property owners to pay for the bulk of the project. The assessment district would require a two-thirds majority vote from people who live within a few blocks of the route. Dennis Allen, executive director of LASI, said he hopes to have a decision on the fundraising option by the fall. The soonest the streetcar could open is 2014. At

©Los Angeles Downtown News.