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LOANS TO R. R. AS INDUST. DEVEL. PROJ.

58 Pa. D. & C. 2d 405 (1972)

Loans to Railroads as Industrial Development Projects

Common Pleas Court of Philadelphia County, Pennsylvania.

October 19, 1972.

CREAMER, Attorney General, October 19, 1972.

You have requested our opinion as to whether projects for the reconstruction or repair of railroad facilities damaged by Hurricane Agnes and the resulting floods are "Industrial Development Projects" within the meaning of the Industrial Development Authority Act of May 17, 1956, P.L. (1955) 1609, as amended, 73 PS §301, et seq., thereby making such reconstruction and repair projects eligible for loans under the act...

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