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SC board approves settlement over rail yard

South Carolina (AP) - by the end of the dispute settlement Wednesday age with north Charleston, Charleston port railway channel, promote national competitive megaships pave the way of business.
The five members of the budget and control circuit of the settlement between the ministry of commerce and the north Charleston, a city council approved a unanimous vote decided to accept.
The ministry of commerce minister bobby hitt said, the construction of railway transport port expansion and attract the state of the enterprise is very important in the courtyard, settlement began.
"This makes our road is an important player," he told the board of directors.
Rail yard will provide two railway operators CSX and Norfolk southern, equal access to port and international company is a selling point, hitt said. The settlement agreement, in combination with the deepening of the project and the new harbor port wharf, give their signal, the country will be ready to megaships panama canal in 2014 it expanded, he said.
"For me it is a huge recruitment tool, governor Nick said:" harry, financial supervision committee chairman.
Rail yard along interstate and also should ease traffic congestion, each train can replace daily 280 tractor trailer. Combining both can need every day 560 trucks from highway, hitt said.
The company benefit from mobile product ability, and from the port through the railway faster, cheaper than using truck has a little injury, "he said." Railway is very important "improve the country's economy.
The agreement of land sell one's own things, and the mechanism of the railway departments pay $8 million for a period of four years of city. The money will come from the national Treasury, and hitt said.
Countries will be before the end of the Charleston naval base, about 100 people railway park of about 280 mu. The city will receive more than fifty acres, close to the beach, it intends to used for entertainment and residential development. This property including former officer housing, and plan include keeping a few of the buildings.
The agreement resolves all proceedings, involved in the railway department, the ministry of commerce, the national port administration and state.
It requires that minimize the influence of the railway line, the surrounding community, promote urban dispute. This includes removing some railway and create quiet area, in order to reduce the train Angle.
"Anyone who drive along the north Charleston main traffic arteries and Keith Summey mayor said:" at some time stays in the traffic jam traffic or a train stopped, unfortunately often. "The fighting has been rail, but I believe that the city really against railway more human impact, not railway itself."
The construction of the railway station may cost about $120 million federal loans, bonds and the railway departments in the agency's reserves, hitt said. He predicts that the examination and approval process need twenty months, construction for a few years.




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