ALL ABOARD FLORIDA CLAIMS IT IS PRIVATELY FUNDED? Seriously?

Publish Date: 
Sunday, July 6, 2014 - 11:30am

By Matt Dixon Scripps July 6th 2014 Full Article at TCPalm

$1.5 BILLION IN FEDERAL LOANS
$213 MILLION “multi-modal” terminal at the Orlando International Airport.
$44 MILLION in direct state-funded grants for Miami infrastructure upgrades

Let's not forget the MILLIONS of Local Tax Dollars to maintain intersections.

Has anyone noticed this country is 21 TRILLION in debt?

"All Aboard Florida, despite being pitched as a private project, is currently seeking $1.5 BILLION IN FEDERAL LOANS that could be key to refinancing existing debt, and more than $230 million in state dollars have been set aside for infrastructure projects that will either directly or indirectly benefit the project."

"Of the state money for All Aboard-related projects, the biggest portion is $213 MILLION “multi-modal” terminal at the Orlando International Airport. The new facility will serve as All Aboard Florida’s terminal in that city. Administration officials say the money was requested by the airport, not All Aboard Florida."

"In addition, according to the internal company documents, the project may seek $44 MILLION in direct state-funded grants for Miami infrastructure upgrades."
Feb. 17, 2014

"Gov. Rick Scott announced this year’s budget includes $123 million in state money to build a new station at Orlando International Airport"