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Re: Santa Cruz Branch purchase imminent. Maybe.
Author: Brian
Date: 11-15-2009 - 19:26
C. Cutler Wrote:
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>by the way you may note that
> lease payments alone are enough for the line to be
> profitable. they should buy it and bank it for
> the future.
Where did you read that? That bit was actually referring to Monterey County and their trail. They don't have a railroad to maintain, so it's apples and oranges. A paid consultant suggested similar payments in Santa Cruz might help pay for "basic management" costs. The article states the county needs freight revenue to pay for maintenance, insurance, etc.
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>by the way you may note that
> lease payments alone are enough for the line to be
> profitable. they should buy it and bank it for
> the future.
Where did you read that? That bit was actually referring to Monterey County and their trail. They don't have a railroad to maintain, so it's apples and oranges. A paid consultant suggested similar payments in Santa Cruz might help pay for "basic management" costs. The article states the county needs freight revenue to pay for maintenance, insurance, etc.
