Union Pacific Railroad Land Lease: Fill & Download for Free

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PDF Editor FAQ

Why doesn't the California High-Speed Rail Project make use of existing railroad land rather than using eminent domain, resulting in massive litigation costs?

You think the Union Pacific would be willing to lease the land to them? Dream on. And that would simply add to ongoing operating costs in the form of lease fees.They do in fact have deals with both Metrolink and Caltrain to share tracks and/or rights of way. But those are public entities.

What's the history of Lake Elizabeth in Fremont, CA?

Central Park in Fremont contains over 440 acres of various recreational land. The 82 acre Lake Elizabeth is included within the 174 acres of lands owned by Alameda County Flood Control and Water Conservation District and Leased to the City of Fremont under a license agreement that the land be used as a park and recreation facility. In addition the City of Fremont owns about 266 acres of surrounding lands. The park is bordered by Paseo Padre Parkway, Stevenson Boulevard and the Union Pacific Railroad.

Do oil companies own their oil and gas reserves?

In the US the companies absolutely own their own reserves through an oil and gas lease, usually called a Producers 88. In the conditions of that lease the get 7/8ths of the oil they produce for drilling and producing the oil. The mineral owner leases the minerals. It is either a private person, the individual states, the federal government, an Indian Tribe, the federal land bank, or whoever has them. A lawyer may tell you that the oil company doesn’t own them until he producers the oil. That sounds right. But as long as the company lives up to the terms of the oil and gas lease they are theirs to do what they want. Many oil companies own their minerals. Like Union Pacific Resources( Champlin) and Santa Fe Railroad( Milestone Petroleum, own their own minerals.

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