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Has anyone calculated CHS's tab?

July 02, 2008 04:35PM avatar
Back on August 12, 2004, the Denver Post ran an article titled "3 finalists eyed to run Georgetown railroad". Here's an old NGDF thread about the article:
NGDF post: 3 finalists eyed to run Georgetown railroad

The article concluded with a quote from Mark Greksa:


Quote
August 12, 2004 [b
Denver Post[/b] article: "3 finalists eyed to run Georgetown railroad"]
Greksa said his company's equipment will go to either a train museum or another location where he can grow his business. Georgetown Loop Railroad Inc. bowed out of contract negotiations with the society this past spring after failing to agree on maintenance and insurance costs. The company also operates a tourist train in the Royal Gorge outside CaƱon City.
"This equipment is our children, and after the way we've been treated by the historical society, no way. Never," Greksa said, adding that his team's negotiations with the society broke down after they were unable to agree on $100,000 in expenses. "We are looking forward to competing against a company we helped create."

So, back in 2004, the CHS and GLRR, Inc. couldn't come to an agreement over a mere $100,000 in maintenance and insurance costs. How many times more than that has the CHS since spent on the Loop?

--
Chris Webster
[www.speakeasy.org]



Edited 1 time(s). Last edit at 07/02/2008 04:40PM by Chris Webster.
Subject Author Posted

Has anyone calculated CHS's tab?

Chris Webster July 02, 2008 04:35PM

Re: Has anyone calculated CHS's tab?

Steve Stockham July 02, 2008 05:31PM

Re: Don't forget $ lost by Georgianatown ... thumbs down

Russo Loco July 02, 2008 09:06PM

Re: Don't forget $ lost by Georgianatown ... thumbs down

Ed Stabler July 03, 2008 05:50AM

Re: Don't forget $ lost by Georgianatown

Russo Loco July 03, 2008 04:39PM

Re: Has anyone calculated CHS's tab?

Al Patterson July 03, 2008 08:03AM



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