(a) (1) An industrial development authority may acquire, own, lease, locate, install, construct, equip, hold, maintain, control, and operate railroads with necessary sidings, turnouts, spur branches, switches, yard tracks, transload on and off-loading equipment, bridges, trestles, and causeways.(2) In connection with the lines and appurtenances to the lines under subdivision (a)(1) of this section, an industrial development authority may lease, install, construct, acquire, own, maintain, control, and use any and every kind or character of motive power and conveyances or appliances necessary or proper to carry passengers, goods, wares, and merchandise over, along, or upon the tracks of railroads or other conveyances.
(1) An industrial development authority may acquire, own, lease, locate, install, construct, equip, hold, maintain, control, and operate railroads with necessary sidings, turnouts, spur branches, switches, yard tracks, transload on and off-loading equipment, bridges, trestles, and causeways.
(2) In connection with the lines and appurtenances to the lines under subdivision (a)(1) of this section, an industrial development authority may lease, install, construct, acquire, own, maintain, control, and use any and every kind or character of motive power and conveyances or appliances necessary or proper to carry passengers, goods, wares, and merchandise over, along, or upon the tracks of railroads or other conveyances.
(b) (1) An industrial development authority may make agreements as to scale of wages, seniority, working conditions, and related matters with locomotive engineers, firemen, switchmen, foremen, hostlers, and other employees engaged in the operation of the railroads and the service and equipment pertinent to railroads.(2) An industrial development authority may connect with or cross any other railroad upon payment of just compensation and receive, deliver to, and transport the freight, passengers, and cars of common carrier railroads as though they were ordinary common carriers.
(1) An industrial development authority may make agreements as to scale of wages, seniority, working conditions, and related matters with locomotive engineers, firemen, switchmen, foremen, hostlers, and other employees engaged in the operation of the railroads and the service and equipment pertinent to railroads.
(2) An industrial development authority may connect with or cross any other railroad upon payment of just compensation and receive, deliver to, and transport the freight, passengers, and cars of common carrier railroads as though they were ordinary common carriers.