Clinton Iowa USA - The Clinton City Council has given preliminary approval to a US$1 million
agreement with Canadian Pacific to address potential impacts of CP's merger with Kansas City Southern.
The Clinton Herald reports that at a Wednesday meeting, the council voted unanimously to advance the agreement, meaning
it will vote on formal acceptance at its 27 Sep 2022 meeting.
In exchange for the funds, which would be used for crossing-gate signals as part of a quiet-zone project, and to
support closure of one grade crossing, the city would agree not to oppose the merger.
The funds are contingent on Surface Transportation Board approval of the merger.
Clinton would join Iowa cities including Davenport, Bettendorf, Muscatine, and LeClaire in approving agreements with
the railroad.
Author unknown.
(likely no image with original article)
(usually because it's been seen before)
provisions in Section 29 of the Canadian
Copyright Modernization Act.