User:Russell D. Jones/Lenawee County Railroad/Draft
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Divestiture
In July 1998, the Michigan legislature revised the state's transportation goals. These included minimizing state subsidies for rail operations deemed to be commercially viable. Under the program competitive bids were accepted and in November 2000 the LCRC was sold.[1]
- ↑ Michigan Department of Transportation, "Rail Divestiture" (Lansing: Michigan.gov, 2009).