Company Pushing For Multi-Billion Dollar High Speed Rail Project In Texas Owes More Than $600,000 In Property Taxes
[ZeroHedge] The company behind the plans for a multi-billion dollar bullet train project in Texas can't even seem to get out of the starting gate.
The company, Texas Central, is in the midst of seeking out a $12 billion federal loan for the project, but also happens to owe $623,000 in delinquent property taxes, according to a new report from the Houston Chronicle.
The company owes "at least" that amount, according to a brief filed with the Texas Supreme Court in an ongoing condemnation lawsuit by several counties where the train is supposed to run.
Posted by: Skidmark 2022-04-16 |