Waco city council endorses Texas high-speed rail project

Posted at 2:49 PM, May 05, 2016
and last updated 2016-05-05 17:51:14-04

The Waco City Council and Waco Metropolitan Planning Organization (MPO) have both, separately endorsed Texas’ privately developed high-speed rail project that would cut a Dallas-Houston commute down to 90 minutes.

Both call the project an economic catalyst and efficient way to reduce traffic congestion.

The MPO, which coordinates transportation planning activities for all of McLennan County, passed a resolution of support Thursday.

In April, the Waco City Council approved a similar resolution supporting the North Texas-to-Houston passenger line, calling it a safe and productive alternative to Texas's growing traffic demands.

The resolutions stated that Texas Central, the Dallas-based private company developing the project, will not take public money for its operations.

According to a news release from Texas Central, the project is expected to create 10,000 full-time construction jobs each year during the anticipated four-year construction period and 1,000 full-time jobs after the system goes into full service.

Taxing entities along the route would receive an estimated $2.5 billion in property taxes over 25 years from Texas Central because of the new infrastructure.

A copy of the Waco City Council resolution can be accessed here.

The MPO resolution can be accessed here.

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