AAF WILL HAVE TIME TO EXPLORE NEW FINANCING

Publish Date: 
Friday, November 4, 2016 - 9:45am

All Aboard Florida will have the chance to ditch its current financing plan and secure a better deal before it returns to federal court to face the Treasure Coast's latest attempt to derail the project, a judge ruled Thursday.

The railroad company last week asked for — and on Thursday was granted — an extra month to respond to the counties' most recent filing. Martin and Indian River in that filing asked the court to block All Aboard Florida's access to the $1.75 billion of tax-free bonds it was issued last year.

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