by Otto Vondrak
Express rail plan hits end of linehttp://timesunion.com/AspStories/story. ... =5/28/2005
State to pay $5.5M to wrap up ill-fated plan for high-speed route linking Capital Region, NYC
By CATHY WOODRUFF, Staff writer
First published: Saturday, May 28, 2005
ALBANY -- The state has abandoned any chance of finishing a fleet of seven Turboliner trains that were supposed to become the workhorses of a high-speed rail corridor envisioned by Gov. George Pataki between New York City and the Capital Region.
In a settlement reached last month, the state Department of Transportation agreed to pay Super Steel Schenectady $5,525,000 to end the project, cover any remaining costs and move four unfinished trains into storage at a nearby industrial park.
The payment is to supplement nearly $64.8 million already spent on Super Steel's work on rebuilding the 1970s-era Turboliners, including three completed trains, which Amtrak has mothballed in Delaware and claims are not suitable for service. The full settlement payment also is contingent on an extensive independent audit of the full project by DOT, which DOT officials said started about two weeks ago.
-otto-
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NYW&B Fan Site :: A Magazine I Read Often :: A Museum I Volunteer At