1st Leg Of $68B Calif. High-Speed Rail Gets Feds' OK

Law360, New York (September 19, 2012, 8:05 PM EDT) -- The Federal Railroad Administration signed off Wednesday on environmental impact statements related to the first leg of California's planned $68.4B high-speed rail line, meaning construction on the controversial project could begin as early as next year, according to the California High-Speed Rail Authority.

The FRA approved the draft and final environmental impact statements for the Merced-Fresno line, a 65-mile stretch of the planned 800-mile bullet rail system that will link the major metropolitan centers of the northern and southern halves of the state.

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