However just this week the decision to deny Metro the money was reverse. Metro was insured the 50 mill would be deposited into the companies bank account as early as the end on this week. Great news for the CEO of Metro, fans of the one rail, and right in time for Christmas. Ho! Ho! Ho!
In-Site on the lastest Political and Business News from Political Scientist Undergrad, Author and Song Writer, Delbert "RAS" Harris
Dec 14, 2010
Metro Rail Back On Track
Houston's Metro one rail has been award a 50 million dollar deposit that was taken away from them due a breach in it's contract with the federal government. Metro had secured a loan of 110 million back in 2010 with one of the stipulation being that in its expansion efforts the company would agree to buy all american parts. Well Metro breach this agree by making a deal for cars from a foreign manufacture, and as a result they were penalized and project was put on hold.
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