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When
considering a request to lease railroad property, the
following guidelines must be submitted to the Property
Management Division:
-
A cover letter giving a detailed explanation of the
intended use of the site;
-
A completed Site
Lease Application. The application request must
include the legal description, a railroad
milepost, a plat, or railroad map, showing the
area being applied for;
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Please review the List
of Prohibited Uses prior to submitting your request.
The
processing of your request requires reviews by several
internal departments during which the condition and
value of the property will be verified. This review
process generally takes three to six months.
Once
your application is approved a lease agreement will
be drafted and forwarded to you for your signature.
The agreement will outline the conditions and terms
of the lease, along with any insurance requirements.
If your intended use requires construction of improvements
Railroad Protective Insurance may be required.
You
may not occupy or use railroad property until you have
received a fully executed agreement.
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