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—Condition allowing a railroad to "bank" a corridor for future rail use if necessary. During the interim, alternative trail use is a viable option.
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Railbanking: Example Railbanking and Purchase Agreement
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This document is an example "offer to purchase" and interim trail use/railbanking agreement. The document serves as a resource and should not not be relied on as a substitute for obtaining legal advice from a licensed attorney.
OFFER TO PURCHASE AND INTERIM TRAIL USE/ RAILBANKING AGREEMENT
Related Railbanking Topics:
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