FOR IMMEDIATE RELEASE CONTACT:
Matt Gerien
March 11, 2005 (202)
225-3311
House
Approves Assistance for North Coast Railroad Authority
Thompson
Secures Funding in Transportation Bill
WASHINGTON—The
House of Representatives yesterday approved a transportation bill that provides
$12 million in loan forgiveness for the North Coast Railroad Authority
(NCRA). North Coast Congressman Mike
Thompson was able to secure this funding in H.R. 3 the Transportation Equity
Act, the bill that determines the direction of federal transportation funding
for the next six years.
“The North Coast Railroad is a critical piece of
infrastructure that has the potential to greatly improve our region’s economy,”
Thompson said. “This funding will help
the railroad in its efforts to get trains running again which would provide
greater access to the Port of Eureka and reduce truck traffic on Highway
101.”
In addition to $12 million in loan forgiveness, the
bill designates the NCRA as the lead agency to accept $8.6 million in unused
funding that had been approved in transportation funding passed in previous
years.
The NCRA manages 300 miles of tracks running through
Humboldt, Mendocino, Sonoma and Marin Counties. Reopening the railroad will provide an additional transportation
link between the Humboldt Bay and the San Francisco Bay Area which in turn will
lessen truck traffic on Highway 101 by approximately 17,000 miles a year and
reduce highway maintenance costs by up to $2 million each year.
The next step for the Transportation Equity Act is
consideration in the Senate and a conference committee where the House and
Senate will compromise on the final version of the bill.
Thompson signaled that he is confident this language
will remain in the bill, “this legislation still has some hurdles ahead of it
but I will continue to fight for this important funding.”
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