Cincinnati and the Carol Ann and Ralph V. Haile, Jr./U.S. Bank Foundation have reached agreement on streetcar operations funding. The 8-page deal released Thursday spells out the terms for the foundation providing $900,000 to help with streetcar operating funds for the first two years.
Streetcar operations are expected to cost approximately $4.2 million in years one and two. The first year of service is scheduled to begin in September.