California High-Speed Rail Authority
California officials sought Wednesday to reassure congressional Republicans that the state will be able to match billions of dollars in federal funding for the state’s high-speed rail project, including a $180 million payment due in April.
Recent court rulings against California’s $68 billion high-speed rail project have created confusion about the bullet train’s prospects.
The board that oversees California’s embattled $68 billion high-speed rail project decided Thursday to try again to gain blanket authority to sell $8.6 billion in state bonds, after a judge blocked the bond sales last week in one of several recent setbacks for the project.
This week’s court decision putting California’s high-speed train project on hold could have an undesired impact on the new Transbay Terminal in San Francisco—not to mention a number of transit projects all through Northern California.
A judge’s rulings this week ordered California’s high-speed rail to identify funding for the first 300 miles, raising one of the biggest hurdles facing the ambitious, $68 billion project: Where will the money come from to complete it?
A judge on Monday tore up California’s funding plans for what would be the nation’s first bullet train, issuing separate orders that could force the state to spend months or years redrawing its plans for the $68 billion rail line.
The board that oversees California’s High Speed Rail Authority unanimously approved a raise for its chief executive on Tuesday.
A woman who embezzled $320,000 from a state agency was later hired by California’s High-Speed Rail Authority — and she says nobody asked about her background.
Gov. Jerry Brown says a superior court judge’s ruling that California’s high-speed rail plan has not followed the terms of the voter-approved ballot initiative will not stop its construction.
A judge ruled Friday that the agency overseeing the bullet train failed to comply with the financial and environmental requirements voters were promised.