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Luzerne County is preparing to seek private offers for its rail line, after hiring a consultant to verify assets, with Reading & Northern interested in acquiring it.
Luzerne County’s Redevelopment Authority lacks a clear timeline for soliciting offers to buy or lease its rail line, despite hiring a consultant to verify property titles and document assets, a step required before a public request for proposals can be issued.
The consultant, Strauss & Associates, is expected to finish in three to four weeks.
While initially resistant, the authority now plans to consider private offers transparently.
Reading & Northern Railroad’s CEO has expressed interest in acquiring the line for freight and passenger service.
County Council is involved in litigation over a $3.28 million loan, seen by some as part of a push to privatize the track.
The authority also reappointed leadership and added a member to a blighted property review committee to advance redevelopment efforts.
El condado de Luzerne se está preparando para buscar ofertas privadas para su línea ferroviaria, después de contratar a un consultor para verificar los activos, con Reading & Northern interesados en adquirirla.