Calculating the Eligibility Ratio at Railroads
The eligibility ratio in the case of a license agreement between a railroad and a utility is determined by the following formula:
Width of the Existing Highway = 100’
Width of the Proposed Highway = 150’
Therefore, as an example, if the existing highway is 100 feet wide, and the proposed highway is 150 feet wide, then the eligibility ratio would be 50’ divided by 150’ = 33.33%.