VIRGIN TRAINS USA WILL BE ISSUING $1.5 BILLION IN PRIVATE ACTIVITY BONDS TO BE PURCHASED NEXT WEEK. These bonds will pay for the 236-mile passenger rail line between Miami and Orlando, refund the $600 million of PABs issued in 2017 and more.
This high-speed passenger train is not entirely supported. Safety advocates such as Susan Mehiel of the Florida Alliance for Safe Trains are concerned about having trains (that will run up to 100 mph) barreling through the Treasure Coast's densely-populated downtowns.
"With the 17th death on the Virgin Train tracks this week and the revelation that for the last six years the Florida Department of Transportation has shirked its duty to regulate higher speed trains, we think it is time for someone in Tallahassee did something to protect the residents of Florida," stated Mehiel Friday.