Aug 28, 2015 5:42 PM
NASHUA - "Our rail project may be moving at a snail’s pace governor, but it’s moving a step at a time," said Nashua Mayor Donnalee Lozeau, celebrating Gov. Maggie Hassan signing legislation supporters hope will one day make commuter rail a reality.
"Reaching our ultimate goal for this is a marathon; we’re not going to do it overnight," said Tracy Hatch, president and CEO of the Greater Nashua Chamber of Commerce.
The new laws streamline the New Hampshire Rail Authority and create a study into public private partnerships.
"We could soon have an alternative funding model that would make commuter rail expansion all the more obtainable,’’ said Michael Izbicki, chairman of the New Hampshire Rail Authority.
These P3s are the wave of the future as they make commuter trains feasible by getting private companies to invest.
"P3s are growing all around the country and around the world, and there are some really good opportunities as we learn from other projects that involved public and private partnerships that we could really apply to our situation,’’ Hassan said.
For example, officials in Kentucky and Indiana worked together to employ private dollars to build a major tunnel and bridge over the Ohio Rivers linking those two states.
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