New Procedure to Investigate Railroad Lease Agreements and Permitting Fees

 

 

Eagle 1 Resources (www.eagle1resources.com) has developed a step by step procedure to investigate and determine the true ownership of any railroad right-of-way. Eagle 1 Resources has worked with previous clients to investigate and determine the true ownership of the property presently being utilized by the railroads. This new procedure will allow any municipality, land developer, or utility owner to address railroad crossing concerns and remove any permitting fees and/or annual rental agreement fees that are not valid under the law. However, safe railroad crossing installations continue to be a top priority with this new procedure. Safety will not be sacrificed. This new investigation procedure could save municipalities and individual companies thousands of dollars per year.

 

Eagle 1 Resources presently has over 20 years of research to authenticate any railroad land ownership issues and assist with the removal of annual railroad crossing rental fees and/or railroad crossing permit fees. This research has extended back to the mid-1800’s during the growth of the railroad community and the government land grants provided to the railroads during this expansion era. A right-of-way does not give the railroads ownership of the land. If the railroad does not own the property, the railroad does not own the rights to require crossing permit fees and/or annual rental payments.

 

Potential utility customers and revenue producing developments need to be reevaluated These potential projects, that were cost prohibitive from service due to railroad crossing fees or permit application fees, may be feasible after applying this new procedure. This re-evaluation could be extremely beneficial to governmental leadership, municipal planners, utility engineers, utility operators, and land developers. If you are a city manager, a member of city leadership, or a utility operator, this new procedure could save you money by removing existing railroad lease agreements.

 

For further information, please contact:
Dave Thomas, Eagle 1 Resources, at dthomas@eagle1resources.com.