Aug 30, 2013 at 5:40 am
SIOUX FALLS, S.D. (AP) — Canadian Pacific Railway Limited says it has met its obligations from the 2007 purchase of the Dakota, Minnesota and Eastern Railroad.
South Dakota Governor Dennis Daugaard (DOO'-gahrd) earlier asked the federal Surface Transportation Board to look into whether CP has lived up to its promises as it seeks a buyer for the former DM and E line west of Tracy, Minnesota.
CP spokesman Ed Greenberg says the company told the STB that it not only met its $300 million obligations but made an additional $100 million in improvements to enhance safety and efficiency.
But Matt Konenkamp in the governor's office says CP is counting money from other projects that didn't help the DM and E track.
CP announced in December it was looking into selling 660 miles of track in South Dakota, Minnesota, Wyoming and Nebraska.
Temp: -6°F (-21°C)
Wind: 6mph S