TC PALM.COM: When Can All Aboard Florida Spend its $1.75 Billion in Private Activity Bonds

All Aboard Florida was given the green light to sell tax-exempt private activity bonds last week through the Florida Development Finance Corporation. But not so fast. The DOT says AAF can’t touch the money until 45 days AFTER the release of the final Environmental Impact Statement.
The FRA has not given a release date for the final document but it is expected to be several months away.

Read the story online:

http://www.tcpalm.com/franchise/shaping-our-future/when-can-all-aboard-florida-spend-its-175-billion-in-private-activity-bonds_16917335