Public Comment to Sound Transit Board

Coalition for CETA Effective Transportation Alternatives June 14, 2007 Hon. John Ladenburg, Chairman Sound Transit Central Puget Sound Region, Washington State Dear Executive Ladenburg: In re: Future financial impact of the Master Implementation Agreement (Motion M2007-62) between Sound Transit and University of Washington related to light rail construction. Coalition for Effective Transportation Alternatives (CETA) requests that the Sound Transit Board’s approval of the MIA with University of Washington include deliberation and consideration of the financial risk being accepted by the Sound Transit Board in agreeing to the possibility of the liquidated damage penalties stated in the MIA and summarized below for the Board’s consideration. We in CETA understand that there is a mathematical probability associated with each of these per diem damage payments that can be translated to a quantified expectation of payment that should be built into Sound Transit financial plans and budgets. We request that the numbers be determined and published. If the probability of making future payments under the MIA liquidated damage provisions is considered to be zero, that expectation should be part of the public record of the Board’s decision on Motion M2007-62.Following is an informal summarization of provisions in the agreement with University of Washington: Liquidated damage payments related to light rail construction: $20,000 per day if the six acre ...