LD 113
pg. 7
Page 6 of 7 An Act to Transfer State Ownership of Certain Railroad Rights-of-way and Create... LD 113 Title Page
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LR 23
Item 1

 
tenant in possession based upon the value of the leasehold
interest, both real and personal.__The authority may not be
required to pay any tax upon its income except as required by
the laws of the United States.

 
Sec. A-3. Authority expenditures. Before July 1, 2004, the Calais to
Eastport Rail Authority may make expenditures only upon review
by and approval of the Commissioner of Transportation.

 
PART B

 
Sec. B-1. Department of Transportation to transfer right-of-way. The Department
of Transportation shall transfer without compensation any
interest it has in the railroad right-of-way known as the
Calais-Cherryfield rail corridor in the following manner.

 
1. That part of the railroad right-of-way between Calais
and Ayers Junction must be transferred to the Calais to
Eastport Rail Authority.

 
2. That part of the railroad right-of-way between Ayers
Junction and the Hancock County line must be transferred to
the various towns and cities and unorganized territory in
which the rail corridor lies.

 
For the purposes of this Part, the "Calais-Cherryfield rail
corridor" consists of the railroad right-of-way that extends
through Washington County from Calais through Cherryfield to
the Hancock County line.

 
SUMMARY

 
This bill creates the Calais to Eastport Rail Authority.
The authority's purpose is to establish freight rail service
between Calais and Eastport. The bill transfers to the
authority the Department of Transportation's interest in the
existing rail line between Calais and Ayers Junction. It also
transfers the Department of Transportation's interest in the
existing rail line between Ayers Junction and the Hancock
County line to those municipalities through which the line
runs.


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