Fort Madison Reaches Pacts for New Boarding Platform

Officials in Fort Madison, Iowa, have approved three agreements that will make possible moving the Amtrak station to the former Santa Fe depot.

City Manager David Varley said the agreements will provide for construction of a new platform that Amtrak will use once it is completed. The passenger carrier has agreed to pay $150,000 toward the construction costs.

Amtrak also has agreed to pay $400 month in rent to use the recently restored station for 20 years. Amtrak will use 813 square feet of the depot while the city will be responsible for maintenance and repairs.

Varley said the agreements involving the $1.2 million project took a long time to reach because of the multiple parties involved.

“So BNSF will own the platform because it is on their property,” he said. “And then BNSF will lease it to Amtrak. And since we own and operate the depot, and the platform will be attached to the depot, they lease it from Amtrak back to the city. It sounds kind of crazy but it’s because of the ownership of the property.”

Varley said the depot project is a good candidate for funding from hotel-motel tax funds, and recommended a 60/40 percent split of operation costs between the hotel-motel tax and the general fund, respectively.

He estimated that first year operation costs for running the station will be about $50,000, but after some one-time costs, the annual number will drop to about $35,000.

Going with the lower number would mean an annual cost of $21,000 from the hotel-motel tax and $14,000 from the city’s general fund.

Fort Madison is served by the Chicago-Los Angeles Southwest Chief and handles about 6,600 passengers annually.

Tags: , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.


%d bloggers like this: