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Suggested Citation:"CONTENTS." National Academies of Sciences, Engineering, and Medicine. 2016. Issues that Emerge When Public Entities Acquire a Real Property Interest in Rail Lines. Washington, DC: The National Academies Press. doi: 10.17226/21927.
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Below is the uncorrected machine-read text of this chapter, intended to provide our own search engines and external engines with highly rich, chapter-representative searchable text of each book. Because it is UNCORRECTED material, please consider the following text as a useful but insufficient proxy for the authoritative book pages.

I. Introduction, 3 II. Preliminary Matters, 3 A. The Decision to Acquire, 3 B. Limits on the Use of Eminent Domain, 3 III. The Transaction, 4 A. Type of Interest to Acquire, 4 B. Taking Amtrak into Account, 4 C. What to Acquire—If Freight Service Will Continue, 5 D. What to Acquire—If Freight Service Will Not Continue, 6 E. Due Diligence Issues, 7 F. Operations and Maintenance Following the Transaction, 8 G. Other Legal and Regulatory Issues, 9 H. Other Related Agreements, 13 IV. Conclusion, 14 Annotated Term Sheet Template for Acquisition of Real Property Interests from a Railroad by a Public Agency Seeking to Operate Passenger Rail Service, 15 CONTENTS LRD 3 RAILcover_final.indd 2 1/20/16 4:09 PM

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TRB’s National Cooperative Rail Research Program (NCRRP) Legal Research Digest (LRD) 3: Issues that Emerge When Public Entities Acquire a Real Property Interest in Rail Lines presents potential issues and solutions that may emerge when state and local governments seek to acquire real property interests from an operating railroad in active rail corridors. The report also includes an annotated term sheet template for pursuit of the transaction.

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