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Old November 8th 15, 12:55 AM posted to uk.transport.london
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Default Hertfordshire gives TfL useless land to pay for Croxley link

Having already had the Croxley Link project taken away from them and
handed to TfL due to delays and cost overrun, Hertfordshire CC are
creatively paying the new project owner some GBP 1.8 million towards their
share in derelict land. The land - the Croxley Green branch trackbed -
was bought by the council for one pound. Another 900 million is in the
supposed value for loan of land for a station car park.

http://www.railtechnologymagazine.co...rs-1-wasteland

http://www.railforums.co.uk/showthre...26#post2343426

TfL now has a 2.73 million funding gap to find on top of everything else.

Nick
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