The commissioners of the New Orleans Public Belt Railroad did not take up a proposal to sell the railroad’s assets at a meeting this week that dealt only with routine business.
The board had not been expected to discuss the issue, which was brought to the forefront by an offer last week by Thomas Coleman to buy the line.
It remains unclear what kind of discussion that offer, and Mayor Mitch Landrieu’s request that the board seriously consider the idea, will generate on the board.
Coleman, the former owner of a tank terminal and storage company with experience in the railroad business, is the father of Dathel Georges, who owns The New Orleans Advocate with her husband, John.
The Public Belt is a city-owned rail line that serves the Port of New Orleans. It owns 100 miles of track and the Huey P. Long Bridge.