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The judgment means bidding and construction will move ahead as planned on the first phase of the 800-mile high-speed rail system set to connect the northern and southern parts of the state.
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Said the cost of delaying the project outweighed the risk to farmers and others along the route whose property would be affected.
Read More →Work on the Madera-Bakersfield segments has to be mostly completed by March 31, 2017, to ensure bills are paid before the federal grant expires in September 2017. Major construction is unlikely to begin until the fall of 2013.
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California’s state legislature authorized the first sale of $4.6 billion of the $9 billion voter-approved 2008 Proposition 1A High-Speed Rail (HSR) bonds. That matches and commits the state’s $3.4 billion federal HSR stimulus grant.
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In 2013, construction of the initial segment of high-speed rail, linking Merced to the San Fernando Valley, will create 100,000 job-years of employment over the next five years, the equivalent of 20,000 full-time jobs annually.
Read More →Bill authorizes the state to begin selling $4.5 billion in voter-approved bonds that includes $2.6 billion to build an initial 130-mile stretch of the high-speed rail line in the Central Valley.
Read More →Touts revisions of new business plan and urges state Legislature to immediately approve funding for the project.
Read More →Shows that while 53% of the state's voters approved a bond issue for a high-speed passenger rail project in 2008, 59% would oppose it if given another chance to vote.
Read More →Jeff Morales, who served as an executive with the $69 billion mega project's lead consultant Parsons Brinckerhoff, was in charge of developing cost estimates, funding sources and rider projections.
Read More →At a cost of $6 billion for building the first 130-mile segment through the Central Valley by the federal deadline of September 2017, it would mean spending $3.5 million a day — the fastest burn rate for transportation construction in U.S. history.
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