Oklahoma Department of Transportation completes $75M sale of nearly 100 miles of track
The Oklahoma Department of Transportation has completed the $75 million sale of nearly 100 miles of railroad track to Stillwater Central Railroad LLC.
ODOT and railroad officials signed the sale agreement Monday afternoon in Oklahoma City. Plans for the rail line include passenger service and hauling of freight, including crude oil.
Railroad officials said they plan to begin a trial run of passenger service in early to mid-2015. The track, which is 97. 5 miles, is from Sapulpa to Midwest City and is known as the Sooner Sub.
ODOT director Mike Patterson said the $75 million will go into a fund that is used to improve safety at railroad crossings in the state.