Rulings deal financial blow to high-speed rail | November 29, 2013 | Palo Alto Weekly | Palo Alto Online |

Palo Alto Weekly

News - November 29, 2013

Rulings deal financial blow to high-speed rail

Monday decisions by Sacramento judge force rail authority to revise its funding plan

by Gennady Sheyner

California's proposed high-speed-rail system ran into a legal barrier Monday when a Sacramento judge ruled the funding plan for the $68 billion project must be rescinded and he refused to endorse the selling of bonds for the project.

This story contains 584 words.

If you are a paid subscriber, check to make sure you have logged in. Otherwise our system cannot recognize you as having full free access to our site.

If you are a paid print subscriber and haven't yet set up an online account, click here to get your online account activated.

Staff Writer Gennady Sheyner can be emailed at gsheyner@paweekly.com.

Comments

There are no comments yet for this post

Post a comment

Posting an item on Town Square is simple and requires no registration. Just complete this form and hit "submit" and your topic will appear online. Please be respectful and truthful in your postings so Town Square will continue to be a thoughtful gathering place for sharing community information and opinion. All postings are subject to our TERMS OF USE, and may be deleted if deemed inappropriate by our staff.

We prefer that you use your real name, but you may use any "member" name you wish.

Name: *

Select your neighborhood or school community: * Not sure?

Choose a category: *

Since this is the first comment on this story a new topic will also be started in Town Square! Please choose a category that best describes this story.

Comment: *

Verification code: *
Enter the verification code exactly as shown, using capital and lowercase letters, in the multi-colored box.

*Required Fields