Texas State Railroad pays off $1 mil debt, now adding on to Polar Express

Texas State Railroad pays off $1 mil debt, now adding on to Polar Express

PALESTINE, TX (KLTV) - The Texas State Railroad Authority paid off a $1 million debt to the cities of Palestine and Rusk this month, according to the Palestine Herald Press.

The TSRA presented two checks of nearly $133,000 each to the city councils of Palestine and Rusk, closing out their $500,000 debt obligation they had incurred in the two cities, according to the paper. The two cities frame the Polar Express rail-line which makes a 50-mile round-trip through the Piney Woods of East Texas.

In 2007, Palestine and Rusk issued notes to the railroad authority to upgrade railroad cars and engines, and keep the Texas State Railroad running.

The railroad authority plans to build on recent successes to boost ridership, up to 120,000 passengers a year, according to the Palestine Herald.

The Polar Express could have another Presidential car by mid-summer, and the railroad might also add another caboose.

You can read more about the upcoming upgrades here.

Copyright 2018 KLTV. All rights reserved. The Palestine Herald-Press contributed to this report.