Wednesday, January 25, 2017

Will Virginia Beach Get To Keep $20 Million In Light Rail Money?

Now that the majority of voters have said they don’t want light rail, the city is trying to figure out what to do with a nearly 11-mile strip of railroad line that was bought for that purpose.
Virginia Beach was told to find a way to use the corridor for high-capacity transit or pay back $20 million the state pitched in to help buy the land.
But the city may have found a way to keep that money after all – as long as it promises to deliver large-scale public transportation on that piece of property.
The Virginian-Pilot learned late Friday that Mayor Will Sessoms, state Del. Ron Villanueva, state Sen. Frank Wagner, and state Transportation Secretary Aubrey Layne negotiated a potential deal that would let the Beach off the hook. There’s a catch – council members would have to approve the agreement.
Read the rest of the story here.

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