Not a good day today for the future of California's High-Speed Rail project.
There is some discussion and professional doubt on what this means, exactly, or even if this Judge has the legal power to force the halt to bond sales. This stems from the authority to issue bonds lying with the State Legislature alone; having to submit this power from an elected body to a Judge (even a Federal one) would be setting a new precedence that might not be a good one.
Either way, you can bet lawyers on both sides of the issue are working feverishly on what may come next. If CAHSRA has to draft up a brand-new, from scratch funding plan, you can bet we have just been set back another two years. :angry:
http://www.sacbee.com/2013/11/25/5945785/sacramento-judge-delivers-setback.htmlA Sacramento Superior Court judge on Monday ordered the agency building California’s high-speed rail system to rescind its original funding plan, a decision that figures to halt state bond funding for the $68 billion project until a new plan is put in place.
Read more here: http://www.sacbee.com/2013/11/25/5945785/sacramento-judge-delivers-setback.html#storylink=cpy
There is some discussion and professional doubt on what this means, exactly, or even if this Judge has the legal power to force the halt to bond sales. This stems from the authority to issue bonds lying with the State Legislature alone; having to submit this power from an elected body to a Judge (even a Federal one) would be setting a new precedence that might not be a good one.
Either way, you can bet lawyers on both sides of the issue are working feverishly on what may come next. If CAHSRA has to draft up a brand-new, from scratch funding plan, you can bet we have just been set back another two years. :angry: