After years of delays, a planned high-speed train from Southern California to Las Vegas is locking down much of the financing it needs.
For decades private developers and entrepreneurs have periodically announced bold plans to run high-speed trains between Las Vegas and Los Angeles.
“We are excited because we haven’t had a passenger train project in I don’t know how long,” said Ma, whose office is taking a key role in moving the project ahead. “I am fairly confident now. The letter approving the $1-billion allocation from the Transportation Department was the affirmation I was looking for.”
Caltrans provided The Times with a memorandum of understanding that would grant use of the I-15 median for the rail project, but a lease agreement will be needed, along with Federal Highway Administration concurrence.who believe in the viability of the project for its tax-free bonds. “This is going to be the biggest shot in the arm that we have ever seen,” said Art Bishop, an Apple Valley councilman and former mayor. He expects the train to spur 600 permanent jobs and thousands of new homes in the region.
Still, the state bullet train authority is hoping the Las Vegas train will increase political support for its San Francisco to Los Angeles system. Not everybody is convinced the Vegas-bound crowd will become train aficionados. Paul Dyson, a past president and Southern California chapter leader of the Rail Passenger Assn. of California, doesn’t believe the end points of the route make sense.
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