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Subpart 1.
Eligibility.
An abandoned rail line or right-of-way is eligible for acquisition and preservation in the state rail bank if it meets the requirements of Minnesota Statutes, section 222.63, subdivision 2b.
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Subp. 2.
Criteria.
The commissioner will consider the following criteria in determining whether an abandoned rail line or right-of-way will be acquired:
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A.
the availability of program funds;
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B.
the probability of the rail line being utilized for the purpose identified;
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C.
the likelihood that an alternative rail line right-of-way could not be reestablished in the future;
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D.
the likelihood that no other entity will acquire the rail line for an appropriate use; and
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E.
the adequacy of the title and the costs to cure defects in the title.