Transportation
Oct. 28, 2014
High-speed rail isn't full steam ahead just yet
Additional challenges still exist regarding the funding sources for the high-speed rail project. By Mrunal Mehta Shah and Sarah E. Owsowitz
The state Supreme Court has refused to hear an appeal challenging the validity of the bond authorization approved by the California High-Speed Rail Authority to help fund a $68 million high-speed rail project. The decision validates the authorization to issue bonds by the High-Speed Rail Authority, the state agency responsible for administration and oversight of the project, and allows the project to move beyond the prel...
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