Alliance Bank in Sulphur Springs
NETEX Receives “Unmodified Opinion” on Audit
Jan12

NETEX Receives “Unmodified Opinion” on Audit

The Northeast Texas Rural Rail Transportation District (known as NETEX) Board of Directors this month received audits for past few years, heard updates from the rail operator and a took public comments. Audit Report Auditor indicated his reports would get NETEX caught up through Sept. 30, 2021, but that his discussion focus would be the audit for the most recent fiscal year, 2021, but noted it’s almost time for the 2022 audit....

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NETEX Board Agrees To Commit Up To $550,000 Toward Track And Bridge Improvement
May09

NETEX Board Agrees To Commit Up To $550,000 Toward Track And Bridge Improvement

Northeast Texas Rail Transportation District Board of Directors (known as NETEX Board) agreed to commit up to $550,000 toward track and bridge improvement projects along the rail to improve safety for operators and provide better service for customers. Mike Salek, Freedom Rail Group/NETC, pointing out issues with a railroad bridge during an April 18, 2022 presentation to NETEX Board of Directors. The decision follows two presentations...

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Barkers Stepped Down From NETEX Board, Johnson & McCullough Appointed
Jan22

Barkers Stepped Down From NETEX Board, Johnson & McCullough Appointed

Earlier this week, Mickey Barker and Neal Barker each resigned from their positions on Northeast Texas Rural Rail Transportation District Board. Brad Johnson and Steve McCullough were recommended to fill those seats as Hopkins County’s representatives on the NETEX Board. Neal Barker and family, Mickey Barker Hopkins County Commissions Court unanimously approved a resolution during the Jan. 18, 2022, court session officially...

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NETEX Board Approves 4 Of 5 ROW Matters For Elevon Development
Jan08

NETEX Board Approves 4 Of 5 ROW Matters For Elevon Development

Board Officers Elected, Audit Progressing, Counties Urged To Consider Designating ARP Funding For Replacement Of Cross Ties Northeast Texas Rural Trasnsportation District (NETEX) Board approved four of the five right-of-way (ROW) related matters from RAMS, Inc. For the Elevon Development being constructed in Collin County. The NETEX Board his week also elected officers, heard a report on finances and progress of a multi-year audit,...

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NETEX Board To Consider Right-Of-Way Requests For Elevon Development In Collin County
Jan04

NETEX Board To Consider Right-Of-Way Requests For Elevon Development In Collin County

The Northeast Texas Rural Rail Transportation District Board, known as the NETEX Board, will be asked Thursday to consider right-of-way requests for Elevon Development in Collin County. Neal Barker gives the monthly treasurer’s report during the Dec. 2, 2021 NETEX Board meeting The large scale project is reported to be a $2 billion development which will be constructed in at least two phases and to include thousands of single...

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Slight Increase in County Retirement Plan, NETEX Donation Among Items On Dec. 27 Commissioners Court Agenda
Dec26

Slight Increase in County Retirement Plan, NETEX Donation Among Items On Dec. 27 Commissioners Court Agenda

A slight increase in the Hopkins County Retirement Plan and NETEX donation are among the items on the Dec. 27, 2021 Hopkins County Commissioners Court agendas. The Commissioners are expected to consider a 1 percent cost of living raise for the Hopkins County retirement plan. Hopkins County Commissioners Court The Commissioners Court is also expected to present to NETX (Northeast Texas Rural Rail Transportation District) a donation for...

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$7 Million In ARP Funding Dedicated To NETEX, Communications Tower, Road Equipment, Salaries, Trustee Housing Facility, Retainage
Oct06

$7 Million In ARP Funding Dedicated To NETEX, Communications Tower, Road Equipment, Salaries, Trustee Housing Facility, Retainage

Hopkins County Commissioners Court, in a special session Tuesday afternoon, committed the just over $7 million in ARP (American Rescue Plan) funding which has been allocated to the county toward 6 purposes: to assist NETEX, a communications tower, road equipment, salary replacement, a trustee facility and retainage. The Court also approved a security proposal and budget amendments for insurance proceeds received. American Rescue Plan...

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Commissions Court Agrees To Supply 2 Semi Loads Of Crossties For NETEX rail line
Sep28

Commissions Court Agrees To Supply 2 Semi Loads Of Crossties For NETEX rail line

Hopkins County Commissioners Court on Monday approved and discussed a number of items during their regular session, including the 2 semi loads of crossties for the NETEX Rail Line, agreement with a school district, a continuing education option for commissioners, and planned maintenance agreement. A bond for the new deputy treasurer and salaries for the auditor and a district court reporter also were considered by the court. Semi...

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After Months Of Negotiations, NETEX and North East Texas Connector Ink Agreement For Contract Revisions
Sep02

After Months Of Negotiations, NETEX and North East Texas Connector Ink Agreement For Contract Revisions

After months of negotiations, Northeast Texas Rural Rail Transportation District, the rural rail district spanning from Titus County to Wylie that is known as NETEX, and rail operator North East Texas Connector (NETC) of Freedom Rail Group inked an agreement for contract revisions Thursday afternoon. Contract Revision On Sept. 2, 2021, NETEX Chairman Brian Lee signs a contract amending the operating agreement with NETC. NETEX agreed...

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NETEX Amends Agreements With NETC
Aug06

NETEX Amends Agreements With NETC

After months of discussion, Northeast Texas Rural Rail Transportation District (NETEX) agreed to a vegetation cleanup agreement, as well as amendments to the track reimbursement and management obligation agreements with North East Texas Connector, the division of Freedom Rail Group contracted to serve as operators for the NETEX railroad. A right-of-way usage rate schedule for private landowners was also approved as recommended by...

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