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New oil find in Sevier County Utah; status of proposed rail link
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[quote]QUOTE: <i>Originally posted by futuremodal</i> <br /><br /> When a property owner abandons a brick business building, he is not allowed to take the bricks with him. The local government condemns the whole lot intact, and either auctions it off to other bidders, refurbishes the building with public funds, or razes it themselves. This idea of letting railroads scavenge the remains of railroads and then just walking away is detrimental to the national economy, and is inconsistent with standard infrastructure abandonment procedures. <br />[/quote] <br /> <br />Generally, when such a decrepit building is abandoned, it is because the value of the building is so low, that no one will pay to buy it, and the cost to demo the building exceeds any residual land or scrap value. So typically the owner strips what fixtures can be easily liquidated, and then the property sits until property taxes fall far enough behind to srize the property, having the end result of sticking the taxpayer with the cost of demolition . <br /> <br />Rail, on the other hand, has an ideal set up for recovering the scrap value remaining, everything is out in the open, no building wrapped around it all, and the perfect means to haul away the materials, just as you pull them up behind you
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