Introduced by: President Young
At the request of: Baltimore-Washington Rapid Rail
Address: 6 S. Gay Street, Baltimore, Maryland 21202
A Resolution Entitled
A Resolution of the Mayor and City Council concerning
title
Railway Franchise - Consent to Transfer
For the purpose of acknowledging that Baltimore Washington Rapid Rail, LLC (“BWRR”) has sought the consent of the Mayor and City Council of Baltimore to the transfer of the authority to exercise the franchise formerly held by the Washington, Baltimore and Annapolis Railroad in accordance with PSC Order No. 87248, in Case 9363; granting consent for BWRR to exercise the franchise formerly held by the Washington, Baltimore and Annapolis Railroad; and generally relating to the transfer of a certain railway franchise.
body
Recitals
WHEREAS, the Northeast Corridor (NEC) is the nation’s economic engine, comprising 20% of the national GDP; and the Baltimore-Washington D.C. region is one of the fastest growing areas in the nation, and is currently the fourth largest market in the country; and
WHEREAS, nearly 71 percent of the Maryland’s 5.8 million residents live in the corridor between the cities of Baltimore and Washington DC, and the region’s population is anticipated to increase to 11 million people in the next 30 years; and
WHEREAS, the NEC transportation infrastructure between Baltimore and Washington D.C. has not kept pace with its growing population and economic needs, travel in the region already is highly congested, which will only get worse as the population grows; and the network of highways connecting Baltimore and Washington DC carry more than 440,000 cars on a daily basis, which by 2040 wil...
Click here for full text