19A NCAC 06B .0410      APPLICATION EVALUATION

The Department shall evaluate the following when recommending rail projects to the Board of Transportation for approval:

(1)           Employment created by the project during the first two years;

(2)           Capital investment in the project during the first two years;

(3)           Annual rail traffic created by the project;

(4)           Whether the project is served by a shortline railroad; and

(5)           Impact on local or regional income or economic development.

 

History Note:        Authority G.S. 136-44.36; 143B-348;

Eff. April 30, 1997;

Amended Eff. April 1, 1999;

Readopted Eff. December 1, 2016.