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(erielack) Fw: Agreement Announced on Conrail's Olean Secondary Track



My local paper, the JAMESTOWN POST-JOURNAL had an article today about the
rail agreement. It stated that the NS has agreed to operate the line at
least until the year 2009. For the first 8 years ther will be no taxes paid
by the NS however they will pay the STW $20,000 per year. In the 8th year
the taxes will be paid at 33% and the 9th year at 66%. NS plans to run on it
as needed and improve the maintainance of the line. 

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