RE: 9-11 Memorial To Cost Over $1 Billion, Dear Taxpayers

[Mrs. Sharon B. Hodge]

AS IF 9-11 NWO GLOBALIST 'INSIDE JOB' WAS NOT INSULTING ENOUGH




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Cost of 9/11 memorial and museum at Ground Zero expected to hit $1 billion
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NY Daily News
BY DOUGLAS FEIDEN

Friday, August 15th 2008, 4:00 AM

The cost of the Sept.
11 memorial and museum at Ground Zero is expected to soar past $1 billion, the Daily News has learned

That's a hefty 65% increase over the $610 million price tag that planners have repeatedly cited for the last two years

Budget-busting delays on other interrelated projects at the 16-acre site have jacked up the cost of the National Sept.
11th Memorial & Museum and yanked back the timetable for completion, insiders say

The bottom line: The museum may not open until 2013 or 2014, and it will take a miracle to fully open the memorial plaza that will honor nearly 3,000 innocents slaughtered at the World Trade Center in time for the 10th anniversary in 2011

Several survivors of the terror attack and relatives of the dead are starting to wonder if they'll even be around for the ribbon cuttings

"I'm 73, and I'm not sure I'll live long enough to see the memorial open," said Jack Lynch, who helped carry the body of his firefighter son, Michael, 30, out of the rubble of the south tower.
"Lots of older people who lost loved ones are simply not going to make it"

Sekou Siby, who worked as a cook at Windows on the World, where 73 workers died, said, "We don't understand the cost overruns or the delays.
All we understand is there's a big expensive hole in the ground where a memorial should be"

Asked about the $1 billion sticker price, Stephen Sigmund, the Port Authority's chief spokesman, declined to address the cost specifics

At stake is Reflecting Absence, the heart and soul of Ground Zero, where cascading waterfalls will thunder into two massive pools in the footprints of the twin towers and a subterranean museum will display 9/11 artifacts and relate the horrors of the day

The issue of who will pay - and how much - flared up at a Port Authority board meeting yesterday when Chairman Anthony Coscia was asked about a jump in the price of building the 8-acre remembrance

Noting that the agency is already ponying up $150 million for the memorial's infrastructure, plus a $45 million contingency fund, he slammed the door on providing more cash

The $195 million, Coscia said, is the "total sum and finality of our financial commitment to the project"

Asked about Coscia's comments, Lynn Rasic, a vice president of the memorial, said, "If there are additional costs, we would expect to work with the Port Authority, which is managing the construction, to minimize them and identify funding to cover them"

Where does the money come from? The memorial has raised $350 million, including $70 million for planning and development; the Lower Manhattan Development Corp. has kicked in $317.4 million, including a $45 million reserve fund; the Empire State Development Corp.
has coughed up another $80 million

Add in the Port Authority's $195 million and the tally is $942.
4 million so far

The $1 billion threshold is crossed because the original budget was based on completing the project by 2009, and skyrocketing prices for steel, concrete and crude oil will force up costs by $25 million to $65 million for each year of delay

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