U.S. judge tosses lawsuit to block All Aboard Florida; Money for Phase 2 still in question
Posted on May 26, 2017
By: Ann Henson Feltgen, FloridaBulldog.org
All Aboard Florida’s plan to operate regular passenger train service between Miami and Orlando survived a lawsuit filed by Indian River and Martin counties when a federal judge on May 10 dismissed the suit. But funding problems remain.
The counties, which opposed the train, sued the U.S. Department of Transportation (DOT) in 2015, stating the agency ignored the requirements of the National Environmental Policy Act when it agreed to issue $1.75 billion in non-taxable private activity bonds (PAB) for All Aboard Florida (AAF), which would mean up to $600 million in lost tax revenue over 10 years, according to court documents…