Editorial: MDOT bungles rail car lease:
"The Michigan Department of Transportation is in a financial bind thanks to the 23 rails cars it is leasing from the Great Lakes Central Railroad.
And the department can’t even use these rail cars for at least four more years.
That’s a huge waste of money.
The cars are meant for two commuter projects in Southeast Michigan — a line from Howell to Ann Arbor and another from Ann Arbor to Detroit.
They are to be put into service after tracks along the two lines are upgraded.
...Meanwhile, the cars are sitting idle at a rail yard in Owosso and are costing taxpayers about $3,000 a day.
To date, the department has spent about $11.4 million to lease and refurbish the cars..."
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