1% of $2B is…

Lenny passed along this press release about tree planting (PDF, 33K) in conjunction with the I-5 Delta Park project and notes:

The I-5 TF recommended a 1% for Enhancement fund for any I-5 projects…

This is the first one to be implemented with $ from the Delta/Lombard project.

Is the Enhancement fund alive and well in the deliberations of the CRC? 1% of $2Billion is real money. It is above and beyond “mitigation” funds, and was inspired by the I-405 funds in NW/Hillside/NINA.

1% x $2B = $20M
1% x $6B = $60M

Hmmm…

3 Responses to 1% of $2B is…