All,
This month has been the month for DX! Again this week DX has received approval from the Federal Surface Transportation Board to build and operate its high speed train.
(The STB gives approval for all new train projects.)
However, the DX project is still waiting on approval on the $4.9B FRA loan before proceeding.
Here is the link to the article.
http://www.desertdispatch.com/news/train-11836-vegas-victorville.html
[...]
October 25, 2011 2:41 PM
By BROOKE EDWARDS STAGGS, Staff Writer
The STB granted the project an exemption from certain approval requirements, stating in its decision that the 190-mile train line “will not significantly affect either the quality of the human environment or the conservation of energy resources.”
Private developers of the train are still waiting on word as to whether they’ll receive a $4.9 billion federal loan to fund that construction. DesertXpress officials told Victorville Mayor Ryan McEachron a decision from the Federal Railroad Administration is expected in six to nine months.
[...]
Keep Flying On The Ground!
Ca/Nv Maglev News
