File #: ID 17-1315    Version: 1 Name: Rutherford Lease Agreement
Type: Action Item Status: Passed
File created: 3/27/2017 In control: Board of Commissioners
On agenda: 4/3/2017 Final action: 4/3/2017
Title: Rutherford Lease Agreement
Attachments: 1. Railroad Lease Agreement.pdf

 

Meeting Date:                     April 3, 2017

 

Title

Rutherford Lease Agreement

body

 

Summary:

summary

 

The following Railroad Lease Agreement between Rutherford Railroad Development Corporation and Rutherford County to preserve the portion of the rail lines (Gilkey Line and Bostic Spur) in Rutherford County for future railroad use, to encourage economic development in Rutherford County, and to “railbank” the lines for the benefit of the residents of Rutherford County is presented for the Board’s consideration.

 

body

Budget:

 

N/A

 

Contact Information:

 

Danny Searcy, Public Works and Planning Director

287-6300

danny.searcy@rutherfordcountync.gov

 

Recommended Motion:

recommended action

 

Approve Railroad Lease Agreement.