Trimess

Friday, December 6, 2013

Trimet 'sells' its historic trolleys

Whatever, just strange, completely strange:

Once the cars begin running, the St. Louis group would pay $80,000 to TriMet to "retire the remaining local interest share" on the trolley, Fetsch said.
The word "interest " in this context relates to the vehicles' value, just as it would apply to a used car's value after it has depreciated over the years, she said.
"We are not giving them away," Fetsch said. "St. Louis would pay the balance of the local share of the interest, so it relieves us of that cost. They would go from operating up to about eightdays a year to daily usage in St. Louis."

TriMet on verge of sending Portland's vintage holiday trolleys to St. Louis | OregonLive.com

2 comments:

Anonymous said...

For the sake of excellence in media broadcasting please feel free follow-up this story by balancing the Trimet fiscal budget; hence, the $80,000 Receivable for the Piece of Shit Trolleys less the cost of the new 'much needed,' their words, "Centralized LRV Repair Facility"

You may include ALL annual operating maintenance cost, then vs now too!

Anonymous said...

If I were Trimet management I would get in the Mortuary Crematory Business, they are sure good at digging holes, attracting worms and eating dirt!!!