Monday marks deadline for Charlotte leaders to purchase Red Line railroad tracks
Charlotte will enter into an agreement Monday to purchase 22 miles of railroad tracks owned by Norfolk Southern for $74 million.
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Show Notes
Monday marks a major deadline for the future of Charlotte's proposed Red Line commuter rail service. It's the last day city leaders can buy the tracks -- and the deal with Norfolk Southern is well underway as of Monday morning.
The city of Charlotte voted last Tuesday to acquire the railroad tracks and support a sales tax to fund the purchase for the project. Only one member of the Charlotte City Council, Tariq Bokhari, voted against the two resolutions. One of the measures was in support of the sales tax while the other approved the actual purchase of the necessary O-Line tracks from Southern Norfolk.
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