Wayne County Economic Development Corp. has this tidbit on thier website...
GETTING THE RAIL LINE BACK ON TRACK The train trestle in Hawley suffered extensive damage in the June ’06 flood, which added approximately $1.1 million to its repair bill. This is above and beyond the damage from the April ’05 storm. Wayne Industrial Development Authority (WIDA), which owns the trestle, has met several times with FEMA, and has submitted an application for funding. I feel very optimistic about FEMA’s response so far. This project has a high degree of interest at the Federal level and Congressional support. Restoration of the railroad is vital to our tourism industry, the Ideal Steel project, and other economic development pursuits.