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Walker signs bill allowing bonding for rail safety system

2015-05-07 14:33:53| Railroads - Topix.net

Legislation authorizing the Alaska Railroad Corp. to issue up to $37 million in bonds to help pay for a federally mandated safety system has been signed into law by Gov. Bill Walker . The Legislature, in the past, provided funding for the project, but the bill, from Rep. Steve Thompson , was aimed at finding another way to finance the work, given the state's financial woes.

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