Houston residents asked to give input on Texas' $12 billion bullet train

[LocalPlanner]

Originally Posted by WRM20

Why would anyone have to take it over? If it fails, it fails. Let it rot. Give the land back to the owners it came from, if eminent domain was involved. Of course, if the new operator gets all the infrastructure for pennies on the dollar, it will be far easier to make a profit.

It might make sense to require the developer to maintain secured funds to cover removal of the facility if it fails and service is terminated, and another private party doesn't acquire it and restart service.

Of course, I'm highly skeptical that it will actually get built anyway.

[bu2]

Originally Posted by LocalPlanner

It might make sense to require the developer to maintain secured funds to cover removal of the facility if it fails and service is terminated, and another private party doesn't acquire it and restart service.

Of course, I'm highly skeptical that it will actually get built anyway.

We'll know soon enough. They are talking about breaking ground in the next year. They have half the ROW.

[oceangaia]

Originally Posted by bu2

We'll know soon enough. They are talking about breaking ground in the next year. They have half the ROW.

Reference? How do they have any, much less half, of the ROW when that would cost an estimated $4 Billion for all of it and they have raised less than $100 Million?

[crone]

This HSR is just the beginning.

Ya know Perry will not be ready to retire when Trump gets through with him.

He will come home and resurrect the TTC.

Anybody remember how the land for that failed super collider was acquired? IIRC, the government used eminent domain. But the owners did not get it back.