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California high-speed rail sets route, gets $1 billion offer

(Source: Chicago Tribune, May 4, 2012)

LOS ANGELES The California High-Speed Rail Authority took a key step toward developing its proposed passenger-train system Thursday, certifying environmental reports and formally approving the first portion of the line between Merced and Fresno. The group also received a $1 billion offer from a real estate investor who wants to build a maintenance yard along the route in Madera.

Full story: Chicago Tribune

Monday, May 7, 2012

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