"The North Carolina Railroad Co, is pleased to partner with the Charlotte Area Transit System to improve mobility in this growing region," said NCRR President Scott Saylor. "This is an unprecedented agreement that extends light rail in our state's largest city, and we are fortunate to have enough right of way within our corridor to enable CATS to install light rail tracks."

"This signed agreement represents a significant investment in the future of public transit in Charlotte," said Carolyn Flowers, CATS CEO. "CATS can now complete the Final Design for the BLE and move closer to securing a full funding grant agreement from the Federal Transit Administration later this year."