Railroad board again seeking Platte-Napa proposals - KSFY News - Sioux Falls, SD News, Weather, Sports

Railroad board again seeking Platte-Napa proposals

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SIOUX FALLS, S.D. (AP) - The South Dakota Railroad Board is again accepting proposals from companies wanting to restore service on an abandoned railroad line from Platte to Napa Junction near Yankton.

The board in 2006 agreed to sell the state-owned line to Wagner Native Ethanol for $1.5 million, but it voted to consider new proposals at an April meeting. None of the four submissions were approved.

Board chairman Chet Groseclose says the new deadline is Oct. 1, and board members will discuss proposals at their mid-October meeting. He says there's an opportunity for economic development in the area.

South Dakota bought the 82-mile stretch after the Milwaukee Road declared bankruptcy in the late 1970s. Estimates to restore the portion are reaching $30 million and the state doesn't have the money to fix it.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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