Sacramento Transit faces delays on light rail and bus deal closure

The Sacramento Regional Transit District is set to close a rolling stock deal involving 40 light rail vehicles, as well as a hundred 40 foot Orion buses powered by compressed natural gas, before the end of the year. The lease is expected to close in two, or possibly, three tranches and, although an...

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Bibliographic Details
Published in:Asset Finance International 2003-11, p.1
Format: Article
Language:English
Subjects:
Equipment acquisition planning
Light rail transportation
Mass transit
Railroad transportation
Regulatory approval
Trains
Online Access:Get full text
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Summary:The Sacramento Regional Transit District is set to close a rolling stock deal involving 40 light rail vehicles, as well as a hundred 40 foot Orion buses powered by compressed natural gas, before the end of the year. The lease is expected to close in two, or possibly, three tranches and, although an investor has been found, the transaction is being held up by the FTA.
ISSN:1367-8086