FDFC SETS TENTATIVE HEARING JULY 21ST IN ORLANDO

Publish Date: 
Thursday, July 9, 2015 - 2:30pm

The Florida Development Finance Corp. has tentatively set a hearing for 2-3 p.m. July 21, during which All Aboard Florida’s request for $1.75 billion of private-activity bonds could be discussed.

According to the finance corporation’s website, the Orlando meeting would include a discussion on “ongoing issues, developing issues and other matters.” A finance corporation spokeswoman could not be reached for comment.

The corporation originally was to decide on the tax-exempt bonds May 28 but canceled that meeting, citing scheduling conflicts for All Aboard Florida representatives. The finance corporation later canceled a June 10 hearing.

All Aboard Florida has said it wants to borrow the $1.75 billion to finance construction along most of its Miami-to-Orlando passenger-rail. The money would be used in five of the eight counties where all Aboard Florida would run, but not in Indian River, St. Lucie or Martin counties.

The July 21 meeting, open to the public, would be held at the offices of Enterprise Florida, 800 N. Magnolia Ave., Suite 1100, Orlando.