Bob B. You are correct in your post. The trams continued operation costs will be negotiated based on ridership.
With the city being a good negotiator, they will agree to looking at the first year numbers when the novelty of the tram will create a large percentage of riders being tourists, first time- taxpaying riders wanting to see what they paid for, thrill riders, etc. And since there will be only one so-called OHSU bulding (the health club and some doctor offices) the OHSU ridership portion will be very low.
Guess what, the ridership will not be the 85%-90% projected initially by the experts. The taxpayers will be paying for a good share of the operating, maintenance costs, and overhead based on this "fair" first year analysis. "Linch-pinned" again.
re: Tram Life Cycle Cost Analysis
Bob B. You are correct in your post. The trams continued operation costs will be negotiated based on ridership.
With the city being a good negotiator, they will agree to looking at the first year numbers when the novelty of the tram will create a large percentage of riders being tourists, first time- taxpaying riders wanting to see what they paid for, thrill riders, etc. And since there will be only one so-called OHSU bulding (the health club and some doctor offices) the OHSU ridership portion will be very low.
Guess what, the ridership will not be the 85%-90% projected initially by the experts. The taxpayers will be paying for a good share of the operating, maintenance costs, and overhead based on this "fair" first year analysis. "Linch-pinned" again.