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I came across this interesting video that shows how united California is to get high speed rail stimulus funding in the US. On this video OCTA CEO Will Kempton, CHSRA Board Chairman Curt Pringle, and Governor Arnold Schwarzenegger talk about California's application for the funding:California voters approved a $9.95 billion bond for high-speed rail, and the state's support for high-speed rail is unrivaled in the nation. The amounts requested in this application are detailed below:$2.18 billion for Los Angeles to Anaheim, including high-speed train facilities at Los Angeles Union Station, Norwalk Station and the Anaheim Regional Transportation Intermodal Center; right-of-way acquisition, grade-separations, utility relocation, environmental mitigation, earthwork, guideway structures, tunneling, and track work. Total jobs created: 53,700.- $980 million for San Francisco to San Jose, including station improvements, grade separations, electrification and safety state-of-the-art "positive train control" in an upgraded, shared alignment with Caltrain. Total jobs created: 34,200.- $466 million for Merced to Fresno, including right-of-way acquisition, grade-separations, utility relocation, environmental mitigation, earthwork, guideway structures and track. Total jobs created: 10,500.- $819.5 million for Fresno to Bakersfield, including right-of-way acquisition, grade-separations, utility relocation, environmental mitigation, earthwork, guideway structures, track relocation and new track. Total jobs created: 16,500.- $276.5 million for preliminary engineering and environmental work in all system segments including Los Angeles to San Diego via the Inland Empire, Los Angeles to Palmdale and Bakersfield, Sacramento to Merced and the Altamont Rail Corridor. Total jobs created: 12,000.Remember that 8 billion dollars are at stake. California High-Speed Rail Authority already stated that 20% of the funding will come from private hands. As far as we know no any other state in the US talked about private financing invovlved. California understood very well that for this huge project needs all the financing resources, this is, federal money, state public bonds, private money,...We'll keep an eye on this massive project.
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