City of Holly Springs Council Meeting Agenda Packet October 2024
Rail Crossing Agreement Pending with Georgia Northeastern Railroad
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Description
The City of Holly Springs is set to enter an agreement with Georgia Northeastern Railroad Company, LLC for public crossing and maintenance at Hickory Springs Parkway, with an initial payment of $670,577.98 and an annual $8,000 fee.
Contract Details
Contract Amount
$685,577.98 less $15,000 deposit; annual license $8,000
Vendor
GEORGIA NORTHEASTERN RAILROAD COMPANY LLC
Agency
City of Holly Springs, GA
Contract Type
MAINTENANCE
Document Date
October 7, 2024
Contract Term
Annual license; initial payment due at signing
Renewal Info
Agreement includes annual renewable license; initial payment net of deposit. Subject to attorney and Patriot Rail approval.
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