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On July 22, Interim CFO Farhad Mansourian reported to the Sonoma Marin Area Rail Transit Board that he had identified additional costs raising the project cost from the $330 million presented to the Metropolitan Transportation Commission in June to $404 million, an increase of $74 million. He then concluded that, “The options identified for board consideration illustrate that the concept of passenger rail remains sound and achievable.”   A careful review of the report’s numbers indicates the opposite it true because the report contained several errors.    Once these errors are corrected, …

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