by John Scott, PA-TEC
I guess I misinterpreted the "stakeholders" bit. I was referring to the "serious stakeholders" that have voting or regulatory power. I assume that includes the board. Does it also include the FRA or the FTA, for example?
PA-TEC is a serious stakeholder in the broader sense of the word and we will hopefully make enough noise to torpedo it but I was wondering which ones could do it by a simple vote. We'd have to do it the hard way.
I suspect that board members in this case would defer to the Bucks appointed board members, veto power or otherwise. I can't see Delco members voting yes on something Bucks members vote no on. So in this case, Bucks probably has veto power, officially or otherwise.
I also suspect that this is unlikely to happen - is there any precedent at SEPTA for giving away ROWs to non-railroad entities? I don't mean leasing them - this particular arrangement would be permanent.
PA-TEC is a serious stakeholder in the broader sense of the word and we will hopefully make enough noise to torpedo it but I was wondering which ones could do it by a simple vote. We'd have to do it the hard way.
I suspect that board members in this case would defer to the Bucks appointed board members, veto power or otherwise. I can't see Delco members voting yes on something Bucks members vote no on. So in this case, Bucks probably has veto power, officially or otherwise.
I also suspect that this is unlikely to happen - is there any precedent at SEPTA for giving away ROWs to non-railroad entities? I don't mean leasing them - this particular arrangement would be permanent.