Cincinnati City Manager Milton Dohoney spent more than two-and-a-half hours Monday answering questions about his plan to find an additional $17.5 million to build the streetcar project. About two weeks ago he suggested using funds from several different sources to cover the gap. Dohoney was asked about future cost overruns with the plan? He said that’s possible, but there is some certainty.
Cincinnati City Manager Milton Dohoney is laying out how he would find the additional $17.4 million needed to build the first phase of the streetcar project. As he suggested during a hearing Monday night it will be from a combination of sources. He issued a four-page memo to the Mayor and Council Members Tuesday afternoon with his ideas.Those include: