Capital Partnerships
  A Nationally-Recognized Resource in Infrastructure Financing April 20, 2007  
 

Inside Transportation

 

From Capital Partnerships LLC

 

Midwest Passenger Rail System has Big Payoffs

 

The Midwest Regional Rail Report released yesterday shows that Ohio would see $ 1.2 Billion to $ 2.3 Billion in enhanced rail service and user benefits. The proposed 3,000 mile network through 9 mid-western states would link Ohio via Toledo and Cleveland to major east and mid-Atlantic cities and Chicago. A second Ohio route from Chicago to Cincinnati is also a part of the Midwest Plan. Improved on-time performance by new trains running at 110 mph at existing and new station stops forms the Plan’s foundation. The Ohio Hub Economic Impact Statement is expected to be released by the ORDC in a few weeks. Acting Director Dietrich noted many similarities between the multi-state report and preliminary Ohio analysis.

 

Water Projects Beware

 

Although not a formal veto announcement, this week the White House signaled its opposition to the $13.2 Billion in water projects within the House WRDA bill. Over $1.8 Billion in projects exceeds budget limitations, they argue. The bill is long overdue and has been susceptible to contentious debate for months. Congress has not authorized WRDA since 2000 although it is supposed to every two years! House Floor debate began on Wednesday with House Chairman Oberstar rewriting the peer review provisions due to another key Administration demand. The 2005 Hurricane Katrina bill limited peer reviews to 180 days but the White House wants their work period to be extended if project revisions are substantial.

 

Capital Partnerships
We are a full service government relations firm specializing in infrastructure policy and financing. Providing individualized and creative service, we leverage a lifetime of high level relationships critical to client success.

For questions, additional information or to unsubscribe from this email, contact: cvineis@capital-partnerships.com

Columbus
4920 Riverside Drive
Columbus, OH 43220
(614) 538-0088
(614) 538-0099 FAX

Washington, D.C.
1431 Woodacre Drive
McLean, Virginia 22101

 
 

We find the money for your projects!   Over $500 Million in government funds secured.   www.capital-partnerships.com