Sonia Waraich, FORT BRAGG ADVOCATE-NEWS
Federal regulators have decided to turn down a late application from a shadowy corporation seeking to take over the 175 miles of rail line stretching from Willits to Eureka, which may have submitted a fraudulent bank statement with its filing earlier this month.
“(North Coast Railroad Company’s) notice of intent will be rejected,” the Surface Transportation Board’s decision states. “NCRCo has not articulated a sufficient reason why its notice could not have been filed by the May 31 deadline, especially given that NCRCo has been an active participant in this proceeding and has noted, in previous filings, its intent to file an (offer of financial assistance).”
North Coast Railroad Company’s proposal to resume service along the rail line would have blocked the ability of the Great Redwood Trail Agency, formerly the North Coast Railroad Authority, to convert the line, which has been out of service for 20 years, into a trail. Part of the process of doing so included getting the OK from the STB to railbank the line, that is to preserve the rail line’s right of way by using it as a trail until conditions for rail service improve.
The North Coast Railroad submitted a poorly redacted filing with the federal STB almost two weeks ago that shows on any given day between March 31 and April 21, its balance with the Self-Help Credit Union fluctuated from less than $100 to a high of $3,269.96. That’s a lot less than $15.7 million beginning and ending balance at the top of the statement.
Read more at https://www.advocate-news.com/2022/06/10/north-coast-railroad-co-s-stb-filing-includes-potentially-fraudulent-bank-statement/
Andrew Graham, THE PRESS DEMOCRAT
A mysterious Wyoming-based firm believed to be pushing a controversial coal-by-rail export proposal along the Northern California coast has made a new filing with a powerful federal board to advance its bid to seize control over the defunct lines running between Willits and Eureka.
The June 1 filing indicated the so-named North Coast Railroad Company, which wants to ship Rocky Mountain coal out of the port at Humboldt Bay, had at least $15 million in the bank — enough to clear an initial federal hurdle in which a company must prove it can cover the cost of a line’s scrap steel and two years of maintenance.
But that company is not the only entity vying for control of abandoned track running through Mendocino and Humboldt counties — along a right of way state lawmakers hope will one day welcome a 320-mile multiuse trail stretching south to San Francisco Bay.
In an unrelated venture, Mendocino Railway, owners of the tourist excursion Skunk Train, are petitioning the federal rail board to restore 11 miles of track north of Willits to run loads of gravel. Mendocino Railway also filed with the board indicating it had the resources to take on that project.
Either bid could complicate the more broadly-supported venture: the proposed Great Redwood Trail, a recreational route planned from Eureka in the north to Larkspur in Marin County on the south. A state agency has already begun planning the conversion of abandoned segments of the rail line in Mendocino and Humboldt counties for the trail.
The three competing ventures must now vie for the endorsement of the U.S. Transportation Board, a body that aims to preserve the nation’s rail corridors but has proven amenable to allowing recreational trails along disused rights of way.
Read more at https://www.pressdemocrat.com/article/news/north-coast-rail-dispute-intensifies-with-competing-bids-from-skunk-train-a/