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Moffat Tunnel – leased to Union Pacific Railroad by the state of Colorado under a 99-year lease until 2025. [5] A lease extension of 25 years was agreed to after the initial 99 years expired. [6] [7] Ontario Highway 407 Express Toll Route – leased to private company by the Ontario provincial government under Premier Mike Harris for C$3.1 ...
Mexico has some highways operated by private companies. [6] In Canada, the 108 km Highway 407 ETR through the Greater Toronto Area is operated privately under a 99-year lease agreement with the provincial government. The highway uses electronic toll collection.
Since 2015 after the Donbas and Crimea invasion Russia agreed to lease 300,000 hectares to China for 50 years for $449 million US dollars. The lease can be extended in 2018 if the first stage from 2015 to 2018 was successful. Russia needed the Chinese funds to replace a shortfall caused by international sanctions.
The city, in return, made a settlement offer to the American Legion Post 188 that, if accepted, would have extended them a 99-year lease agreement of the property.
Pacific Imperial Railroad, Inc. (PIR), was incorporated in Delaware on October 27, 2011 [5] and qualified to do business in California on April 23, 2012, [6] having its stated objectives being to lease, rehabilitate, reopen and resume service, manage, operate, and maintain the entire Desert Line from "Mileposts 59.94" at or near the U.S. Border ...
Key International, Trinity, and the Diocese of Southeast Florida signed a 99-year lease agreement and have agreed on an L-shaped project covering nearly two acres.
The Sterick Building’s ownership was tangled in a 99-year lease agreement. The original owners Ross Sterling and Wyatt Hendrick couldn’t purchase the land around the building, so they signed a ...
It was initially operated by Union Pacific (UP) under a 99-year lease agreement. The use fee was $12,000 per year and was set to expire on January 6, 2025. [4] In late 2024, Colorado and UP negotiated a new lease for the tunnel with a 25-year term, to be initiated on May 1, 2025. Provisions of the new lease forwent a monetary payment from UP in ...