SAN FRANCISCO (KCBS) – A civil grand jury has issued a damning report on the planned San Francisco Municipal Transportation Agency Central Subway project.

Among the findings, the grand jury called the $1.5 billion project “a waste of money,” found that Muni is unable to adequately maintain its fleet in good working order and the Central Subway could overwhelm the transit system.

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Grand juror Bob Perry said the main conclusion is that the project just simply doesn’t make sense.

“We’re looking at an almost $1.6 billion cost for 1.7 miles, with only four stations and without any significant decreased passenger times,” said Perry. “It’s a lot of money for very little benefit.”

KCBS’ Barbara Taylor Reports:

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MTA Commission President Tom Nolan said he vehemently disagrees with the report.

“I think it’s going to be a terrific project. It will really help unite the city,” said Nolan. “It will get 60,000-70,000 people a day off the streets, which I think is very worthwhile.”

KCBS and Chronicle Insider Phil Matier:

The grand jury report found that the subway plan is flawed because it leaves out the Financial District, requires a long underground walk from Union Square to the Powell Street Metro station and cuts off the T-Line from the Metro on Market Street.

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