All Aboard Florida: Treasure Coast officials raise concerns about board set to vote on bonds

In a letter sent to FDFC officials on Tuesday, a group of attorneys representing Martin and Indian River counties and the All Aboard Florida opposition group, Citizens Against Rail Expansion, raised questions about the vote. (Source: The Palm Beach Post)

From The Palm Beach Post: Treasure Coast officials on Tuesday raised concerns about the makeup of a state board set to decide this month whether  All Aboard Florida should receive $1.75 billion in tax-exempt bonds to help fund its express-passenger train service.

Florida Development Finance Corp. will meet on June 10 in Orlando to discuss All Aboard Florida’s bond request. Under the proposal, the state group would act as conduit issuer for the bonds but carries no risk in the event of a default.

For the complete story: http://realtime.blog.palmbeachpost.com/2015/06/02/all-aboard-florida-treasure-coast-officials-raise-concerns-about-board-set-to-vote-on-bonds/

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