Rulings deal financial blow to high-speed rail | November 29, 2013 | Palo Alto Weekly | Palo Alto Online |


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Palo Alto Weekly

News - November 29, 2013

Rulings deal financial blow to high-speed rail

Monday decisions by Sacramento judge force rail authority to revise its funding plan

by Gennady Sheyner

California's proposed high-speed-rail system ran into a legal barrier Monday when a Sacramento judge ruled the funding plan for the $68 billion project must be rescinded and he refused to endorse the selling of bonds for the project.

This story contains 584 words.

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Staff Writer Gennady Sheyner can be emailed at gsheyner@paweekly.com.