Brisbane City Council
Dear Lord Mayor,
I have been trying to make sense of your recent budget speech - http://www.thewebconsole.com/process/link.php?lId=845398&cId=1037596
I would like to commend you on initiatives like:
$895k in 2010-11 to help fund a home energy reduction program through the CitySmart, EasyGreen program in partnership with the State Government and private enterprise to assist Brisbane residents slash their power bills, reducing home energy consumption and carbon emissions.
I am particularly pleased about the allocation of $11.25 million to fund a Brisbane-wide litter prevention program including another two general maintenance "flying gangs" to boost the work being done to keep our city clean and green.
You have been particularly generous with half a million allocated for a 15 year plan to restore and rejuvenate the environment of Norman Creek.
I applaude the portion of the $1.23 billion which will go to improve public transport and make it easier for people to walk and ride around our city.
It is the estimated $1.8 billion Northern Link tunnel that has me concerned.
In light of the spectacular failure of the CLEM7 tunnel to attract the projected traffic flows (and projected revenues), would you please advise me how this would impact on the Northern Link Road tunnel project?
I understand that the CLEM7 is a public/private partnership. The risk for financial losses of the CLEM7 lies with the Rivercity Motorway Group. However, I am led to beleive that the financial risk for the Northern Link Road Tunnel rests with Brisbane City Council. Please correct me if I am wrong.
If the Northern Link tunnel fails to attract the projected traffic flows (and projected revenues) by the same margins as the CLEM7, what would be the impact on the ratepayers of Brisbane? How much would our rates increase or what community services would be cut back?