California Has Yet To Buy Any Land For Bullet Train Route
LOS ANGELES (CBS/AP) - Construction of California's high-speed rail network is set to start in July, but the state still has not purchased any land along the route.
The Los Angeles Times reported Sunday that purchase offers are expected to be made in the next several weeks.
But experts tell the newspaper that the state faces a convoluted legal process that will drive up prices and giving farmers, businesses and homeowners leverage to delay the project by weeks or months.
One major hurdle could be valuing agricultural land in the Central Valley, where prices have spiked, raising property owners' expectations above what the state expects to pay.
Officials insist they can acquire needed property and begin the project on time.
California Hasn't Bought Land for Bullet Train Route
Construction on the first leg of the $68 billion project is planned for July near Fresno.
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