HERE WE GO AGAIN | BRIGHTLINE GETS APPROVAL FOR $1.15 BILLION IN TAX-FREE BONDS FOR EXPANSION TO ORLANDO

Publish Date: 
Thursday, August 30, 2018 - 9:15am

BRIGHTLINE GOT THE OK TO BORROW $1.5 BILLION THROUGH TAX-FREE BONDS, despite the objections of numerous Treasure Coast officials who attended the meeting.

This is the second time the state board approved bonds. The first was back in August 2015 when the agency approved of $1.75 billion of bonds, but Brightline canceled the request and instead sought for separate approvals for $600 million and the $1.15 billion approved yesterday.

Read more here.

The original article was written by Lisa Broadt of the TC Palm.