Eagle 1 Resources Develops a New Procedure to Investigate Railroad Lease Agreements and Railroad Permitting Fees to Save Money
2008-07-15 06:45:00
AUBURN, Ala.–(EMWNews)–Eagle 1 Resources in
Auburn, Alabama, a strategic planning and subsurface engineering firm,
has developed a step by step procedure to investigate and determine the
true ownership of any railroad right of way. Eagle 1 Resources has
worked with previous clients to investigate and determine the true
ownership of the property presently being utilized by the railroads.
This new procedure will allow any municipality, land developer, or
utility owner to address railroad crossing concerns and remove any
permitting fees and/or annual rental agreement fees that are not valid
under the law. However, safe railroad crossing installations continue to
be a top priority with this new procedure. Safety will not be
sacrificed. This new investigation procedure could save individual
companies and municipalities thousands of dollars per year.
Eagle 1 Resources presently has over twenty (20) years of research to
authenticate any railroad land ownership issues and assist with the
removal of annual railroad crossing rental fees and/or railroad crossing
permit fees. This research has extended back to the mid 1800’s
during the growth of the railroad community and the government land
grants provided to the railroads during this expansion era. A right of
way does not give the railroads ownership of the land. If the railroad
does not own the property, the railroad does not own the rights to
require crossing permit fees and/or annual rental payments.
Potential utility customers and revenue producing developments need to
be reevaluated These potential projects, that were cost prohibitive from
service due to railroad crossing fees or permit application fees, may be
feasible after applying this new procedure. This reevaluation could be
extremely beneficial to governmental leadership, municipal planners,
utility engineers, utility operators, and land developers. If you are a
city manager, a member of city leadership, or a utility operator, this
new procedure could save you money by removing existing railroad lease
agreements.
If your company is interested in pursing this new investigative
procedure, please contact Dave Thomas at Eagle 1 Resources to secure a
copy of the Railroad Investigation CD for your review. Additional
information is shown under the Railroad Issues section of the Web site.
The Web address for Eagle 1 Resources is www.eagle1resources.com.
Eagle 1 Resources |
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