Sunday, November 11, 2018

Another angle on BN selling the Leadville-Climax route

Photo by Mike Condren
So why did the Burlington Northern basically give away the former C&S Leadville to Climax route to a Leadville couple, Ken and Stephanie Olsen, and not just scrap it?  This previous post looked at one reason, given by Ed Quillen in 2003 in the Colorado Central Magazine.  There it was explained that Amax, owner of the Climax Molybdenum mine, desperately wanted to keep the rail line in case it might need it again.  Using their corporate muscle, they basically threatened the BN not to junk it.

In Leadville Today, though, a 2013 article by Kathy Bedell explains some further reasons for selling an entire rail line with equipment for $10.  In the late 1980’s the EPA was looking for a way to “make its mark” in an attempt to gain a cabinet position in the government.  It chose Leadville, a place with lots of residue from mining, as the place to target.

Source
In the words of Bedell, “The words contamination and remediation had BN looking for a way out-desperately.  They needed to unload the dormant railroad line or face the possibility of [a] very expensive ‘clean up.’”

Bedell also points out that BN’s chief officer was not from a railroad background and was trying to shed unprofitable lines.  This comment may betray Bedell’s lack of experience with railroads as many railroad officials have sought to shed unprofitable lines.

As the saying goes, it appears that ‘the stars aligned’ for Ken and Stephanie Olsen, in a surprisingly inexpensive way, to fulfill their desire to contribute to the Leadville community.

Source:
"The Leadville Train: 25 Years of Family Tradition!" by Kathy Bedell.  Leadville Today, 25 August 2013.


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