Still waiting: Senators get non-answer from FDFC on All Aboard Florida bonding

Posted on April 20, 2017

By: Peter Schorsch, Florida Politics

Still waiting.

A pair of Republican lawmakers have yet to receive an adequate explanation from the Florida Development Finance Corporation about its approval of a $600 million private equity bond application for All Aboard Florida.

The rail project is seeking to offer passenger service from Miami to West Palm Beach with the possibility of future service to Orlando. In 2015, the FDFC approved the issuance of $1.75 billion in bonds for All Aboard Florida, a move that led Martin and Indian River counties to sue, alleging the project violated the National Environmental Policy Act…

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