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WHEREAS, RailAmerica, operators of Texas & North Eastern and Dallas, Garland & <br />Northeastern railroads between Bells, Texas and Sherman, Denison, and Greenville, Texas are <br />currently using tracks owned and leased from Union Pacific; and, <br /> <br /> WHEREAS, RailAmerica has agreed to handle Fannin Rail District carloads between Bells <br />and Sherman, Denison and Greenville to affect interchanges with BNSF, LIP, and DCS; and, <br /> <br /> WHEREAS, RailAmerica could be prevented from performing such interchanges for Fannin <br />Rail District because handling these loads could exceed their existing operation agreements with <br />Union Pacific; and, <br /> <br /> WHEREAS, this intm-county rail service, with potential connections to major metropolitan <br />areas, would constitute an essential and significant component to enhance growth and growth <br />planning for the area; and, <br /> <br /> WHEREAS, the Union Pacific Railroad has expressed its intention to dispose of the current <br />forty-five mile railway line from Bonham to Paris, thereby affording the opportunity for purchase of <br />such rail line by the Rail District, with the exception that the railroad has reserved a four mile segment <br />within the city limits within the city of Pads and such four mile segment would be a necessity for the <br />Rail District to develop a rail system and fully connect the entire area; NOW, THEREFORE, <br /> <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, <br />TEXAS: <br /> <br /> Section 1. That the findings set out in the preamble to this resolution are hereby in all things <br />approved. <br /> <br /> Section 2. That the City Council of the City of Paris, Paris, Texas, strongly supports the <br />efforts of the Rail District to acquire the apparently surplus forty-five mile railway from Bonham to <br />Paris, including acquisition of that four mile segment within the city of Paris intended to be reserved <br />by the Union Pacific including allowing RallAmerica unfettered and unrestricted ability to handle <br />Fannin Rail District carloads to and from Sherman, Denison, and Greenville for purpose of <br />interchange with BNSF, UP, and KCS, and strongly supports the efforts of the Rail District to <br />develop said forty-five mile railway and other adjacent trunk railways to enhance economic <br />development, improve recreational activities, and generally improve the Pads and Lamar County <br />community. <br /> <br /> <br />