Maryland Maglev Train Backers Ponder Interstate Authority

Sanchez, Humberto
November 2002
Bond Buyer;11/14/2002, Vol. 342 Issue 31513, p5
Trade Publication
Reports that sponsors of a proposal to build a magnetic levitation train system between Baltimore and Washington D.C. are exploring the creation of a new interstate authority that would issue revenue bonds to finance the project. Legislative requirements for the creation of the authority that would own the system; Advantage of creating an interstate authority to finance the project; Sponsor's plan to apply for financial assistance.


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