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Rail News: Short Lines & Regionals
10/19/2012
Rail News: Short Lines & Regionals
EDA to award disaster funding for New York and Susquehanna track repairs, Schumer says
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On Wednesday, U.S. Sen. Charles Schumer (D-N.Y.) announced that the U.S. Economic Development Administration (EDA) provisionally committed to award $4.7 million in federal disaster funding to the County of Chenango Industrial Development Agency (CCIDA) to advance the Utica Main Rail Line Revitalization project on the New York, Susquehanna and Western Railway (NYSW).
Although the CCIDA still needs to raise $407,000 to pay for the project, the EDA approval is a big step toward beginning the work, which involves repairs to rail lines in Chenango, N.Y., that were damaged by a historic 100-year flood in 2006, said Schumer in a prepared statement.
"Functioning rail lines make it easier and cheaper — and cleaner — to move goods and materials, which create a fertile environment for job-creating businesses to take root and grow," he said.
Schumer sent a letter to the EDA on Sept. 13 urging the agency to support CCIDA's application for disaster funding to restore the NYSW's Utica mainline from Chenango Forks to Sherburne. The project is contingent on a local and state commitment to cover some of the project costs.
After the 2006 floods, NYSW suspended service on more than 40 miles of track, "making it impossible to send goods from Binghamton to Utica, and cutting off access to important interchanges, said Schumer. The project will help support businesses in the region, increase the viability of vacant industrial sites and create jobs, he said.
Although the CCIDA still needs to raise $407,000 to pay for the project, the EDA approval is a big step toward beginning the work, which involves repairs to rail lines in Chenango, N.Y., that were damaged by a historic 100-year flood in 2006, said Schumer in a prepared statement.
"Functioning rail lines make it easier and cheaper — and cleaner — to move goods and materials, which create a fertile environment for job-creating businesses to take root and grow," he said.
Schumer sent a letter to the EDA on Sept. 13 urging the agency to support CCIDA's application for disaster funding to restore the NYSW's Utica mainline from Chenango Forks to Sherburne. The project is contingent on a local and state commitment to cover some of the project costs.
After the 2006 floods, NYSW suspended service on more than 40 miles of track, "making it impossible to send goods from Binghamton to Utica, and cutting off access to important interchanges, said Schumer. The project will help support businesses in the region, increase the viability of vacant industrial sites and create jobs, he said.
