Thursday, August 21, 2014

Rail Sale Possibly Local Deal

Written by Glen Morrison 107.5 KISSFM Thursday, 21 August 2014 06:11
A local effort to buy most of the abandoned rail line from Vernon to Kelowna is being set up. Kelowna's community planning and real estate director, Doug Gilchrist, has told the Courier it's a co operative effort involving Kelowna, Lake Country, Coldstream and RDNO. A land claim on 2.5 kilometers of the track has been filed by the Okanagan Indian Band, Gilchrist says what they'd be after is the rest. He says CN's put a 50 million dollar price tag on the line as a whole. No trains have rolled on the line since last summer and CN has already ripped up some track in Kelowna. Gilchrist says they're hoping to have a bid in by October 5th.

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