MANITOU SPRINGS, Colo. (CBS4)– The cog railway may be chugging up Pikes Peak again thanks to a plan that would rebuild the rails.

The Manitou Springs City Council gave preliminary approval on Tuesday night for the project.

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The historic railway closed in early winter for maintenance, so engineers could take advantage of the slower season. However, crews soon realized more serious repairs were needed on the 127-year-old train, which is owned by The Broadmoor.

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A big problem – many of the parts aren’t made anymore and engineers on those types of trains are based mainly in Europe.

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It would cost close to $100 million to make repairs to the railway. The city is proposing tax breaks for the rebuild.

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The railway has been safely taking visitors on the nearly nine-mile trip from the base of Pikes Peak to the 14,110-foot summit and back since 1891.

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If the plan is approved by the city council, work could begin on the railway in August with the reopening scheduled for 2020.

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(credit: CBS)

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