The lawsuit had tied up access to financing and officials said nearly 500 appraisals for land along the route became outdated during that time.

Rail officials redrew its proposed routes for the Burbank-to-Palmdale section of the planned California bullet train, veering away from the communities of...

Specifically, the company questioned whether the project’s current funding stream — the state cap-and-trade program — is sustainable.

If approved by voters, any unspent HSR dollars would be redirected to repair and/or construct new state highways and local streets and roads. 

Will begin work on a seven-year, $700 million rail delivery partner contract awarded by the California High-Speed Rail Authority earlier this month.