Posted Jul 27, 2009, 8:32 PM
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My Mind Has Left My Body
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Join Date: Jan 2006
Posts: 3,358
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Quote:
http://www.chicagobreakingnews.com/2...rail-pact.html
Chicago, 8 states sign high-speed rail pact
July 27, 2009 12:58 PM | 35 Comments
Eight states and the city of Chicago signed an agreement today aimed at coordinating plans to develop high-speed passenger train corridors across the Midwest.
The memo of understanding focuses on offering a faster and more efficient option for travelers as well as creating thousands of jobs to boost the economy, officials said.
The agreement was signed during a high-speed rail summit held in Chicago.
Participants to the agreement are Illinois, Indiana, Iowa, Michigan, Minnesota, Missouri, Ohio, Wisconsin, and Chicago.
"This is a historic day. It's very important that we look to the future," said Illinois Gov. Pat Quinn, who hosted the summit along with U.S. Sen. Dick Durbin (D-Ill.) and Mayor Richard Daley.
The Obama administration has allotted $8 billion in start-up funding to help states develop high-speed passenger rail corridors. The agreement today lays the groundwork for Midwestern states to compete for a share of the federal funding.
The top priority of the Midwest high-speed rail program is to build 110-mile-per-hour corridors from Chicago to St. Louis; Detroit/Pontiac; and Milwaukee/Madison, Wis. and up to Minneapolis.
Over the next 20 years, the corridors would be expanded to cover about 3,000 miles over nine states.
-- Jon Hilkevitch
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