Iowa Pacific is bidding for Nickel Plate Section

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Iowa Pacific is bidding for Nickel Plate Section

Postby Jeff Smith » Wed Jul 19, 2017 1:40 pm ... hest-score

The Hoosier Heritage Port Authority has ranked a proposal from Iowa Pacific Holdings as the top choice among those submitted by potential operators of the Nickel Plate Railroad line.

On Tuesday night, the Port Authority publicly released the five responses it received to its request for proposals. Four out of the five proposals outlined plans to use the full 37-mile stretch from Tipton to Indianapolis, despite plans from local governments to rip up a major section of the rails for a recreational trail.

The Port Authority is searching for a company to handle operations on the line because it terminated its policy-of-use agreement with the Indiana Transportation Museum in March 2016 amid concerns about the not-for-profit’s financials and maintenance of the tracks.

The owners of the track—Fishers, Noblesville and Hamilton County—announced plans in February to convert 9.2 miles of the track into a pedestrian and bike path called the Nickel Plate Trail.

But officials with the Port Authority, a quasi-government agency that oversees the railroad, said the trail is not a done deal and released a request for proposals for a new operator in April.
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