Opinion: Elon Musk's Boring Company proposes to construct 9 miles of underground tunnels between San Antonio International Airport and downtown. That's a good thing.
to reach the Las Vegas International Airport and service that city’s casino and entertainment strip.
diameter tunnels would cost around $25 million a mile. The Boring Company proposal does not require a significant capital investment by the RMA. Not one dollar being used to build roads is being diverted to build the tunnels. Lynd said Alamo RMA would be able to leverage anticipated revenue from riders to issue revenue bonds to pay for the project. No one’s taxes would be raisedhe argued, and no money would be diverted from other transportation improvement projects. Ridership fees would likely cost more than bus fare and less than ride-sharing, Lynd said.
They also could generate funds the Alamo RMA could use to undertake other projects too expensive to be financed via VRF-backed bonds.
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