The funding will come from nearly $10 billion that voters approved for a California high-speed rail project as part of Proposition 1A in 2008, then projected to cost $40 billion. Total estimated cost to completion is about $ 77 Billion. It's the biggest infrastructure project in state history...ever.
The high-speed rail board approved $3.2 billion in funding Tuesday for two segments: $2.6 billion for a 119-mile leg connecting Fresno to Madera and $600 million to electrify a 55-mile stretch of existing Caltrain tracks in the San Jose Peninsula that will eventually connect with high-speed rail.
SACRAMENTO, Calif. – California has applied for the assignment of Federal Railroad Administration (FRA) environmental review responsibilities under the National Environmental Policy Act. This will enable more efficient environmental reviews and approvals required to advance the high-speed rail program. The FRA solicited public comment on the State’s application closed June 1, 2018.
The Railroader is a ghost from the days of the Transcontinental Railroad who travels through decades of time to deliver cash, gold, and bonds to an anxious banker. Meanwhile, in Mountain View California, the Senate Budget Appropriations Committee discusses with the California High Speed Rail Authority on the new High Speed Rail design, time-line for construction, bond allocations, and future funding. IMDb
Railroader Movie News
SACRAMENTO, Calif. –A judge has tentatively rejected arguments by the opponents of California's high-speed rail project that the state is improperly spending voter-approved bond money. Judge Richard Sueyoshi in Sacramento County Superior Court issued his tentative ruling Thursday. The parties will appear in court Friday.The plaintiffs include Central Valley farmer John Tos and Quentin Kopp, the former head of the rail authority. Kopp supported the 2008 initiative authorizing about $10 billion in bonds for the project.