Northstar Commuter Rail
Minnesota is preparing to sell nearly $500 million in bonds to cover the state’s share of the Vikings stadium facility. It’s looking for financial institutions to buy the bonds for the stadium construction, which is scheduled to start in November. The $498 million in loans will cover the State’s and the Minneapolis’ share of stadium construction. The Vikings are putting up the rest of the $477 million for the project, which will total $975 million.
Those in the North Metro will be saving some extra cash starting next month. Trips on the Northstar Commuter Rail will be going down by $1 starting Aug. 1.
President Barack Obama appointed a board on Thursday to review a dispute between U.S. railroads and their unions.
The Northstar commuter rail serivce, which has been sidelined since Saturday, has finally resumed operations again.
New figures show the Northstar Commuter Rail isn’t getting nearly as many riders as expected, but overall more people are taking public transit as they head to and from work.
By the end of the year, Northstar’s ridership is expected to be 15 to 20 percent behind expectations and Metro Transit says it is partly to blame on high unemployment.
A rail worker was struck and killed by a Northstar Commuter Rail Line train in Coon Rapids this morning.