State OKs high-speed rail

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webmaster | 07/07/12
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Democrats vote in block for bonds sale; Madera leaders glum as they ponder effects huge project may have on the county

Madera County and city leaders were dismayed Friday after California lawmakers approved billions of dollars in construction financing for the initial segmant of a high-speed rail line.

According to the Associated Press, the state Senate voted 21-16 on a party-line vote after intense lobbying by Gov. Jerry Brown, Democratic leaders and labor groups.

The bill authorizes the state to begin selling $4.5 billion in voter-approved bonds that includes $2.6 billion to build an initial 130-mile stretch of the high-speed rail line in the Central Valley. That will allow the state to collect another $3.2 billion in federal funding that could have been rescinded if lawmakers failed to act Friday.

Madera County District 2 Supervisor David Rogers called the vote “upsetting.” ...

 

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