AAF'S FINANCING IN JEOPARDY AS A RESULT OF LEGAL ACTION

Publish Date: 
Monday, October 24, 2016 - 2:15pm

A major strike against All Aboard Florida — one that would rescind $1.75 billion of tax-exempt financing — has been initiated by Indian River County in legal action filed Friday.

For 1½ years, both Indian River and Martin counties have argued that issuing the private-activity bonds before a final environmental report was completed violated federal law.

READ THE FULL TCPALM ARTICLE HERE