14 – Do the rails have any value?
14 – Do the rails have any value?
Answer |
The rails have a salvage value. CSXT has removed the rails and ties in its section of the trail. If EOTPW agrees to lease the rail bed to Sudbury, EOTPW may allow the Town to remove the rails and sell them. This may yield a net income to the Town depending on the value of the rails and the costs of removal of the rails and ties. Alternatively, the rails may be retained by EOTPW for its own use. |