Iowa Pacific approved as rail operator

Today, the Regional Transportation Commission (RTC) for Santa Cruz County authorized the selection of Iowa Pacific Holdings to operate on the Santa Cruz Branch Rail Line (Branch Line).  The RTC will enter into an administration, coordination and license agreement with Iowa Pacific to conduct freight and passenger rail service as well as maintain the line and provide general commercial insurance. This step will allow the RTC to submit filings with federal agencies and complete other steps to purchase the line as approved by the RTC in 2010. View the full press release here.

View the PowerPoint presentation from today’s meeting here. (PDF link)