Commissioned by developer PCCP West Park LLC and reviewed by a local government consultant, the study also found the project would require several years of initial public service subsidization.
Presented to the Stanislaus County steering committee overseeing the development on Monday, the study concluded that despite the initial subsidization the rail project is economically viable and will not negatively impact the county's general fund.
County Supervisor Jim DeMartini, chair of the steering committee, admitted that PCCP had delivered a 'pile of information,' but remained unconvinced of the study conclusions.
'I question the validity of it,' DeMartini told the Modesto Bee, 'and the impacts on the area.'
Local residents have been vocal critics of the development plan, claiming it would increase traffic and pollution in the area.
The $52 million rail plan, a key component in PCCP's plan to remake the Crows Landing Naval Air Station into a 4,800-acre rail and industrial complex, seeks to upgrade existing trackage along an 80-mile route between Crows Landing and the Port of Oakland.
The rail component is part of the complex's first phase of construction and to be completed in 2011. The rail plan calls for several 50-car trains loaded with freight containers to move each day via the proposed route between the Oakland port and the project site in Northern San Joaquin Valley. Once the containers reach the Crows Landing complex, the containers would be loaded onto trucks for distribution throughout the Central Valley. According to PCCP, Central Valley agricultural products and other regional products could be returned via the same rail line to the port for export.
The Stanislaus County Board of Supervisors is expected to decide whether the plan will move forward when it meets on April 22.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now