Promoters of a tolled walking and cycling path across Auckland Harbour Bridge want to be first in for a share of a new $100 million urban bikeway fund announced yesterday by the Government.
"We are going to be first to apply to the new fund," declared SkyPath project convener Bevan Woodward of a four-year funding package announced by Prime Minister John Key.
The announcement came as his trust, which has a private investor ready to build a $32 million walkway under the bridge's citybound clip-on but still needs Auckland Council underwriting support, prepares to lodge a resource consent application today.
Mr Woodward acknowledged it would be unrealistic for the trust to expect enough government money to displace a need for tolls, expected to be $2 for holders of Auckland Transport Hop cards or $3.50 for tourists and other casual users.
But a contribution would shorten the time it would take to repay the project's prospective banker - the Public Infrastructure Partnership (Pip) Fund - so the pathway could be transferred to public council ownership in under 25 years.