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Well, given the long lead time to plan for these things, I think the time to start the process is now.
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That's a red herring. We need to plan the other more pressing improvements too, and they also take a long time. Taking our eyes off that ball by focusing on a bunch of low priority / high cost Metro extensions that we won't be ready to make for another 30 years would accomplish nothing but delay the things we *do* need right now.