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$7.5M federal grant pays half of $15M railroad restoration

1 month 2 weeks 5 days ago Sunday, August 06 2017 Aug 6, 2017 August 06, 2017 12:00 PM August 06, 2017 in News
Source: Associated Press
File Image: The Millstone
GRENADA, Miss. - A $7.5 million federal grant will help restore rail service across part of Mississippi, aided by a $4.3 million state loan and $3.2 million in private money.
  
The U.S. Department of Transportation announced Thursday that it's awarding the grant to rehabilitate 90 miles of a former Illinois Central line between Grenada and Canton.
  
That stretch, including the Yazoo County spot where legendary engineer Casey Jones died in a 1900 crash, hasn't seen regular service since 2011.
  
The entire Grenada Railroad from Southaven to Canton is owned by the North Central Mississippi Regional Railroad Authority, which bought it from a Utah operator who wanted to pull up rails from Grenada to Canton and sell them for scrap.
  
Operator Iowa Pacific now runs the line under a 15-year lease-purchase agreement.

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