Transit planners asked the Honolulu City Council for a bridge loan Wednesday.
The Honolulu Authority for Rapid Transportation requested the sale of general obligation bonds to cover its capital budget for the upcoming fiscal year.
The amount of bonds being requested by HART is $1.5 billion dollars.
The City Council passed the bond bill Wednesday on first reading, but two more readings are required before final approval. The council and HART must also sign a memorandum of understanding before any bonds are issued.
The transit authority says all bond monies will eventually be paid back to the city.
And as money was requested, Pacific Business News gave a peek at what the first nine rail stations in West Oahu will look like.
Our partners at PBN revealed the renderings that are part of the $5 billion dollar rail project.
PBN says the University of Hawaii West Oahu station will have a parking lot with 1,000 stalls and a bus transit center.