(Source: Hartford Courant, May 7, 2015)
HARTFORD, Conn. — Rail safety advocates in Connecticut and New York have been pressing to make Metro-North and the Long Island Rail Road early users of positive train control. This week, the railroads’ parent operation, the Metropolitan Transportation Authority, closed with the FRA on a $967.1 million loan. It’s a 22.5-year loan at just under 2.4 percent interest.
Full story: Hartford Courant