Quick response to the County Development Sub Regional Planning Commissioner Hiles by Texas Central Rail.
Texas Central Rail responds with 3 points:
- The North Texas to Houston High Speed Rail will add $36 Billion to the economy over 25 years
- It will pay $2.5 billion in taxes to state, counties, cities, hospitals and school districts.
- The “company WILL NOT seek ANY operational subsidies from the government”
Previously on InformedIntel:
Marty Hiles, Commissioner, Community Development Sub Regional Planning Commission, makes the following 7 points about the harm to rural land from high speed rail:
- No Train Stops in rural Texas means no economic benefit for rural Texas
- Rural property values will decline
- 4 mile wide path of eminent domain is what high speed rail will take
- Building the train tracks will destroy the environment in rural Texas
- High Speed Rail construction will create a path like an F-5 tornado
- High Speed Rail will cut rural economies by 25% or more
- Schools and emergency service districts will suffer from the local property values