Supervisor Kathryn Barger applauded California Treasurer Fiona Ma and members of the California Debt Limit Allocation Committee for their decision to approve $300 million in private activity, tax-exempt bonds to XpressWest (now Virgin Trains USA) for their proposed high speed rail line that will connect Las Vegas to Victorville.
“This private sector project will bring a fast, convenient and reliable alternative to automobile congestion along I-15 while creating more than 15,000 quality jobs over a 10-year period,” Supervisor Barger said. “This effort will bolster local economies and quality of life. I appreciate Treasurer Fiona Ma and the committee whose action made a bold first step to reimagine transportation in California.”
Virgin Trains USA, the only privately-owned railroad in the United States, currently runs train routes throughout Florida.
“As shown by their operations in Florida, Virgin Trains has demonstrated their ability to deliver on their vision and are showing us the private sector has a plan to invest in something that benefits the public,” Barger said.
Barger represents the North Los Angeles County region near Virgin Trains USA’s proposed project. She also serves on the High Desert Corridor Joint Powers Authority Board of Directors and as a director on the boards of L.A. County Metro and Metrolink.
Like this:
Like Loading...
Related
REAL NAMES ONLY: All posters must use their real individual or business name. This applies equally to Twitter account holders who use a nickname.
0 Comments
You can be the first one to leave a comment.