SANTA CRUZ, CA, October 12, 2012 – The Regional Transportation Commission (RTC) for Santa Cruz County and Union Pacific announced today that they have completed transfer of the Santa Cruz Branch Rail Line from private to public ownership for $14.2 million. The value of public ownership of the corridor is to increase access and retain use of the 135 year old transportation asset. Uses of the rail corridor include continued freight rail primarily for agriculture and building materials and seasonal passenger rail service in the short term. These two uses augment the county’s primary tax base thereby contributing toward vital services for residents. In the medium and longer term, a variety of transportation uses will be considered such as a bicycle and pedestrian trail adjacent to the tracks where it can be accommodated safely within the corridor and rail passenger services. Read the press release for details.
Public Gains New Transportation Corridor
October 12, 2012