Charlotte leaders to vote on next steps for Red Line

Charlotte City Council members are meeting Monday to vote on a $93 million financing plan to support the acquisition of the Norfolk Southern O-Line corridor and surrounding properties, a key component of the long-anticipated Red Line commuter rail project.
According to the agenda for Monday's 5 p.m. city council meeting, members are expected to adopt a resolution authorizing the financing plan. The proposed $93 million would be secured through a financing contract, granting the city manager the authority to manage the financing details.
This includes submitting the necessary paperwork to the North Carolina Local Government Commission for review and approval.
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