A California judge has refused to allow the California High-Speed Rail Authority to sell $8 billion worth of bonds to begin construction of the project. The judge said the authority had failed to meet legal requirements necessary to begin construction.
Not everyone was thrilled about the high-speed train.
The authority had filed a “validation” lawsuit last March, challenging anyone in the state to argue that it didn’t have the right to build. A variety of groups, including Kings County Board of Supervisors and the Howard Jarvis Taxpayers Association, rose to the challenge. As a result, Judge Michael Kenny ruled that the authority had failed to show that it was “necessary and desirable” to sell bonds and begin construction.
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