"Texas Central did not disclose the existence of this offshore beneficiaryto any of the landowners it convinced to sign an option contract. Nor did it disclose its plans to usethe property purchased through the optioncontractsto secure a loan from the Japanese government. TheDeedsof Trust wereexecuted by the debtor and property owner (Texas Central), to a trustee (attorney Keenan Kolendo), who will hold the property in trust for the creditor (Japan Texas High-Speed Railway).Although the Deeds of Trust do not convey actual title to the offshore Japanese entity, the security interest can quickly and easily be converted to fulllegal and possessorytitle without judicial foreclosure ifTexas Central defaults on its loan payments."

why would anyone willingly go to houston?

Why would anyone willingly go to Dallas?


On iminent domain, what are they going to do if you refuse to sell your land? Arrest you? Put you in jail?

The alleged abuse of eminent domain is related to the support economic development as opposed to a public works like a dam or a public road. The opportunities are endless.

If three people are in a room, and two of the three become hungry then kill and eat the third, it can easily be argued the meal was in the public interest because the majority benefited from the transaction.

Does that explain eminent domain clearly enough?

“We’ve opposed that project from its first announcement because as far as counties go I think Grimes County is impacted more than anybody else because from the top boundary to the southern boundary, about 47 miles of route. It literally will divide our county completely in half," said Fauth.

Does anyone ride AmTrack??

I would ride it, but not to Houston.

LOL

True but sometimes it is required for work or family. You could hop on in your waders with your dog and gun and be hunting the coast in a matter of minutes.

Anyone remember the Super Collider project near Waxahachie?

Anyone remember the Super Collider project near Waxahachie?

Can someone fill me in on how this works? How can they force you to sell?

Another TTC type boondoggle. Does anyone ride AmTrack?? And it has been subsidized since .....when?..

Anyone remember the Super Collider project near Waxahachie?

"The project would benefit millions of Texans in Dallas and Houston and cities and towns in between, as well as many Texans who might never set foot on the train but who would be relieved of having to battle crippling congestion on I-45. But those potential beneficiaries are far less organized than are the train’s critics. For years, an army of county judges, landowners, lawyers, and right-wing interest groups such as Tim Dunn’s Empower Texans have opposed the project under the banner of property rights. Railroad companies, however, aren’t the only ones permitted by Texas law to acquire land through eminent domain. Oil and gas pipeline companies typically acquire rights to far more private land every year than what’s being sought by Texas Central. (The holding company that owns Texas Monthly also owns interest in oil and gas pipelines, among other diverse investments.) Also, according to Texas Comptroller of Public Accounts data obtained by the Texas Pipeline Association, 82 percent of eminent domain condemnations in 2013 were conducted by government agencies, prominently including TxDOT. Both pipeline and highway projects draw protests, especially when they would affect the ranches and weekend homes of large numbers of influential Texans in areas such as the Hill Country. But those objections pale in comparison with the outrage and lobbying aimed at the bullet train."

"According to one of the representatives in attendance, Ben Leman of Anderson, Abbott is still making up his mind. Until he does, the project’s fate may be determined by the Lege. In early November, Steve Toth, a GOP representative from the Woodlands, pre-filed House Bill 114, which aims to restrict the ability of state agencies to grant high-speed rail permits. More anti-rail legislation from Republican legislators is expected. In the absence of outspoken advocates, the session may kill any momentum the project had left."