Florida Bullet-Train Amendment Inches Toward Repeal Referendum

Sigo, Shelly
July 2004
Bond Buyer;7/19/2004, Vol. 349 Issue 31928, p1
Trade Publication
Reports on the Supreme Court's ruling that Florida voters can be asked to repeal a constitutional amendment mandating the construction of a high-speed train. Need for the state's high court to review and approve all proposed referendum language; Total number of signatures collected by Derail the Bullet Train, an organization that opposes the construction of the high-speed rail line; Estimated cost of the train system; Use of a combination of tax-exempt bonds issued by the state, private investments, grants and possibly tax-credit bonds to built the train system.


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