Cincinnati Southern Railroad

Anything pertaining to railfanning in Ohio.
GTW6401
how bout no
Posts: 8770
Joined: Wed Aug 08, 2007 4:07 pm

Cincinnati Southern Railroad

Unread post by GTW6401 »

The election was held yesterday, which included issue 22.

Cincinnati voted in favor of selling the municipal-owned Cincinnati Southern Railway to Norfolk Southern. It passed with 52% of the vote.

The sale of the 337-mile railroad from Cincinnati to Chattanooga will not close until March of 2024, at the earliest.

A five-member board, which includes two former mayors, will oversee the $1.6 billion trust fund.

chapmaja
Railroadfan...fan
Posts: 1328
Joined: Sat Nov 22, 2008 2:02 pm

Re: Cincinnati Southern Railroad

Unread post by chapmaja »

GTW6401 wrote:
Wed Nov 08, 2023 8:07 pm
The election was held yesterday, which included issue 22.

Cincinnati voted in favor of selling the municipal-owned Cincinnati Southern Railway to Norfolk Southern. It passed with 52% of the vote.

The sale of the 337-mile railroad from Cincinnati to Chattanooga will not close until March of 2024, at the earliest.

A five-member board, which includes two former mayors, will oversee the $1.6 billion trust fund.
Wow. I am actually shocked this passed. I think at this point the rental fees from the lease to NS simply didn't make up for the amount they can gain through the sale. Le's just hope the trust fund is well managed for what it is intended to be used for, and the money doesn't get lost in red tape and pet projects.

User avatar
LansingRailFan
Railroadfan...fan
Posts: 11242
Joined: Fri Nov 01, 2019 4:21 pm
Location: Lansing
Contact:

Re: Cincinnati Southern Railroad

Unread post by LansingRailFan »

chapmaja wrote:
Thu Nov 09, 2023 8:29 am
GTW6401 wrote:
Wed Nov 08, 2023 8:07 pm
The election was held yesterday, which included issue 22.

Cincinnati voted in favor of selling the municipal-owned Cincinnati Southern Railway to Norfolk Southern. It passed with 52% of the vote.

The sale of the 337-mile railroad from Cincinnati to Chattanooga will not close until March of 2024, at the earliest.

A five-member board, which includes two former mayors, will oversee the $1.6 billion trust fund.
Wow. I am actually shocked this passed. I think at this point the rental fees from the lease to NS simply didn't make up for the amount they can gain through the sale. Le's just hope the trust fund is well managed for what it is intended to be used for, and the money doesn't get lost in red tape and pet projects.
I know one former Mayor of Cincinnati that wrote checks to hookers.

Kiss that $1.6B goodbye lol

GTW6401
how bout no
Posts: 8770
Joined: Wed Aug 08, 2007 4:07 pm

Re: Cincinnati Southern Railroad

Unread post by GTW6401 »

Luken and Mallory are the former mayors on the board. The five-member board has existed for years.

State law requires it to be spent on infrastructure.

The first spending would come in the city’s 2025 fiscal year capital budget.

h2466
Railroadfan...fan
Posts: 102
Joined: Sun Jan 05, 2014 1:57 pm
Location: Willshire Oh.

Re: Cincinnati Southern Railroad

Unread post by h2466 »

I know one former Mayor of Cincinnati that wrote checks to hookers.

I never knew one that did.

Ken.

chapmaja
Railroadfan...fan
Posts: 1328
Joined: Sat Nov 22, 2008 2:02 pm

Re: Cincinnati Southern Railroad

Unread post by chapmaja »

LansingRailFan wrote:
Sat Nov 11, 2023 3:47 pm
chapmaja wrote:
Thu Nov 09, 2023 8:29 am
GTW6401 wrote:
Wed Nov 08, 2023 8:07 pm
The election was held yesterday, which included issue 22.

Cincinnati voted in favor of selling the municipal-owned Cincinnati Southern Railway to Norfolk Southern. It passed with 52% of the vote.

The sale of the 337-mile railroad from Cincinnati to Chattanooga will not close until March of 2024, at the earliest.

A five-member board, which includes two former mayors, will oversee the $1.6 billion trust fund.
Wow. I am actually shocked this passed. I think at this point the rental fees from the lease to NS simply didn't make up for the amount they can gain through the sale. Le's just hope the trust fund is well managed for what it is intended to be used for, and the money doesn't get lost in red tape and pet projects.


I know one former Mayor of Cincinnati that wrote checks to hookers.

Kiss that $1.6B goodbye lol
He died in April, well beyond the end of his political career.

User avatar
LansingRailFan
Railroadfan...fan
Posts: 11242
Joined: Fri Nov 01, 2019 4:21 pm
Location: Lansing
Contact:

Re: Cincinnati Southern Railroad

Unread post by LansingRailFan »

h2466 wrote:
Wed Nov 15, 2023 5:49 pm
I know one former Mayor of Cincinnati that wrote checks to hookers.

I never knew one that did.

Ken.
Ken,

Maury Povich

Thank you.

Sincerely,

Snow

chapmaja
Railroadfan...fan
Posts: 1328
Joined: Sat Nov 22, 2008 2:02 pm

Re: Cincinnati Southern Railroad

Unread post by chapmaja »

LansingRailFan wrote:
Thu Nov 16, 2023 6:20 pm
h2466 wrote:
Wed Nov 15, 2023 5:49 pm
I know one former Mayor of Cincinnati that wrote checks to hookers.

I never knew one that did.

Ken.
Ken,

Maury Povich

Thank you.

Sincerely,

Fluffy White pieces of Death
Wrong politician turned trashy talk show host.

Post Reply