BLOCK Great Lakes Basin RAILROAD

No Eminent Domain For Private Gain - Save Our Community Investments!

SO, GLBT SUBMITTED THEIR FINANCIALS... THIS PROJECT HAS GONE FROM COSTING $8 BILLION DOWN TO $2 BILLION BECAUSE NOT ONLY DOES PATTON WANT TO BUILD A RAILROAD, BUT HE ALSO WANTS TO BUILD AN AIRPORT AND AN INTERSTATE, THAT IS WHAT MAKES UP THE $8 BILLION.  BUT HE IS GOING TO DO THIS WITH $151.00??
"The cost of securing STB authority (including completion of the Environmental Impact Statement), right of way acquisition and construction is estimated at $2.8 billion (base case). GLBT has not yet obtained financing commitments for this entire amount and does not anticipate doing so until it receives STB authority to construct the proposed line." 

The GLBT investors Frank Patton was trying to hide?

June 9, 2017 GLBT responded to the STB request for 10 principal stockholders and their holding. The following information was submitted to the STB in a letter signed by Jim Wilson.

https://www.stb.gov/…/139e88aab6cf09f18525…/$FILE/243737.pdf

CONFIDENTIAL – 10 PRINCIPAL STOCKHOLDERS AND THEIR HOLDINGS

 Shareholder Interest Held

  •  Frank Patton 87.1983% 
  • Jim Wilson 5.0000%
  • Greg Frazados 1.0120%
  •  Michael Blaszak 1.0000% 
  • William Miller 1.0000%
  •  Tim Befort 1.0000% 
  • Gregg Herlin 0.8500%
  •  Douglas DeBerg 0.5000%
  •  James Ingram 0.5000% 
  • Richard Baker 0.3986%

 

 Frank Patton’s Interview released June 9, 2017.

http://www.chicagotribune.com/suburbs/post-tribune/news/ct-ptb-glbt-stakeholders-listed-st-0610-20170609-story.html

Where to look for GLBT’s application on-line:
This is information received from Ken Blodgett at the STB.
The formal application, WHICH HAS BEEN FILED, will be posted on the STB website. Since this is not an environmental filing, but a “formal filing” it will not be filed on the same pages that the public has been filing their thousands of letters on.
Within a day or two after GLBT files their formal application you will be able to find it here;
- Go to www.stb.gov
- Click on E-LIBRARY in the dark blue bar on the top of the page
- Click on “Filings”
- The Filings are sorted by date, look for FD-35952
- You can also go to Enhanced Search (upper right hand); Click on Filings and enter the Docket number FD (drop down box) and in the next box type 35952. Click Search
- All formal filings related to the GLBT will pop up

*Thank you Rock Against The Rail Facebook Page for this information.*

Frank Patton said in a phone interview that he will be visiting farmers after the STB Scoping Meetings wrap up...


GLB HAS NO AUTHORITY TO NEGOTIATE A PRICE, DO A SURVEY, OR EVEN TAKE A CORE SAMPLE!  


If you notice any strange activity on your land, ask for ID, document, take photos of license plates, and notify the Sheriff. No one from GREAT LAKES BASIN has authority to be on YOUR land! Please make sure your friends, neighbors, and especially the elderly in assisted care facilities or any landowner that live out of the area know AND most importantly..


DO NOT SIGN ANYTHING!!

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