The Palm Beach Post: All Aboard Florida bond meeting postponed

Posted on June 8, 2015

The Florida Development Finance Corp. has postponed its June 10 meeting where it was to discuss All Aboard Florida’s request for $1.75 billion in tax exempt bonds.

Sean Helton, a spokesman for the FDFC, said travel logistics “created uncertainty for convening a quorum.”

A new date had not been set as of Friday morning. This is the second postponement for the eeting, which originally was to occur May 28.

All Aboard Florida is hoping to use the tax exempt bonds to pay for the completion of its Miami to Orlando express passenger rail service. Construction has already begun on the Miami to West Palm Beach section of the line.

Click here to view original article