Mayor Annise Parker cast doubt Wednesday on whether the Metropolitan Transit Authority has the money to pay for two planned light-rail lines that proponents say are critical to the success of the agency’s plans.
Parker said members of her transition team have “drilled down” into Metro’s finances and she now feels comfortable only with the funding plans of three rail lines: the East End, North and Southeast. Construction on those lines is under way.
The University Line would run on Richmond Avenue, just North of Richwood place.