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Committee probes railroad telecom leases; agencies report about $100,000 annual telecom lease revenue
Summary
Conference members discussed replacing section 32 with language about railroad telecom leases, learned that a fiber-optic lease generates about $100,000 annually split roughly 50/50 between the railroad and the state, and asked for a broader report on state-owned property revenues.
Members of the House–Senate transportation conference committee debated replacing section 32 with alternate language addressing railroad leases and telecom use of state right-of-way and requested more granular revenue information for future negotiations.
Michelle Boomhower of the Agency of Transportation told the committee that “in this particular case, 50% of the revenues go to the railroad and 50% go to the agency, and that's the way the lease is structured. And…
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