Date: 01/05/2006
Final
Cumbres & Toltec Railroad - FY 2006-07 Request
COMMITTEE ON CAPITAL DEVELOPMENT
| Votes: View--> | Action Taken: |
| <none> | <none> |
10:39 AM
Senator Lewis Entz, Commissioner, Cumbres and Toltec Scenic Railroad Commission (Commission), Representative Gallegos, Mr. Leo Schmitz, Executive Director for the Commission, and Ms. Carol Salisbury, Commissioner, presented the Commission's FY 2006-07 request. Written responses to staff questions regarding the Track Rehabilitation project were presented to the committee (Attachment D). Representative Gallegos presented an overview of the financing of the railroad and the railroad's host region. Senator Entz briefly discussed the impact of TABOR on the railroad. Mr. Schmitz provided some background on the railroad and an overview of the Track Rehabilitation project. Mr. Schmitz also briefly discussed the proposed rehabilitation of an auxiliary locomotive. Mr. Schmitz responded to questions regarding potential Colorado Historical Society funding for Commission projects. A discussion ensued regarding the importance of the railroad and railroad financing issues.