Posts Tagged ‘New River region’

Passenger Authority Created in Virginia

April 9, 2021

Virginia lawmakers have approved legislation to create a rail authority in the New River Valley region of the state.

The legislation, which has been signed by Gov. Ralph Northam, would create a regional passenger-rail station authority to assist in the creation and maintenance of passenger rail in the New River region

The authority will be able to to enter into revenue sharing agreements and to issue revenue bonds.

It will be governed by a board consisting of members of each participating municipality and institution of higher education.

The efforts to create the authority began more than six years ago.

Virginia Lawmakers OK New Passenger Agency

February 26, 2021

Virginia lawmakers have approved creation of a passenger rail authority that would promote extending Amtrak service to the New River Valley region of the state.

The new service would be achieved by extending an existing Amtrak Northeast Regional train to Christiansburg, Virginia.

The new passenger authority would include government bodies and universities that are expected to share the cost of building and maintaining a station in Christiansburg.

Virginia legislators are still negotiating the funding for the new service.

Gov. Ralph Northam is seeking $50 million for rail passenger service, which is what the House of Delegates has approved. The Virginia Senate has approved $137 million.

Officials expect the cost of starting the service could reach $200 million.