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April 17, 2011

Riverfront Rail-Trail Derailed?

On December 7, 2010, the Grand Rapids City Commission authorized an expenditure of public funds for a lease over an old railway along the river.  It was the City’s contribution to the Michigan Department of Natural Resources purchase of a railroad right-of-way that Central Michigan Railway Co. abandoned here in town.  The total price paid to the railroad company was $2,233,500 in federal, state, and local tax dollars.  Congratulations, fellow citizens, we are now railroad tycoons!

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Posted on April 17, 2011 at 12:33 PM in City Government, Taxes & Public Spending |

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