California high-speed-rail battle will now be fought 'outside legislative chambers' Around Town, posted by Editor, The Almanac Online, on Jul 20, 2012 at 1:10 am
California's contentious drive to build a high-speed-rail system between San Francisco and Los Angeles sped ahead July 6, when state lawmakers approved funding for the first construction phase. But the $68 billion project still has to pass through a gauntlet of legal, financial and political obstacles before it becomes reality.
Read the full story here Web Link posted Thursday, July 19, 2012, 9:14 AM
Posted by Michael G. Stogner, a resident of another community, on Jul 20, 2012 at 8:13 am
Kind of important.
But the bill also states that the $1.1 billion can be transferred to other items, including construction in the Central Valley (known in the bill as Item 2665-306-6043), with approval from the state Department of Finance.
"It looks like accounting minutiae, but if you translate it, it means that with one signature from a governor appointee, the money for Caltrain can be moved to the Central Valley project," Ms. Alexis said.