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Florida Development Finance Corporation

Still waiting: Senators get non-answer from FDFC on All Aboard Florida bonding

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All Aboard Florida

Still waiting. A pair of Republican lawmakers have yet to receive an adequate explanation from the Florida Development Finance Corporation about its approval of a $600 million private equity bond application for All Aboard Florida. The rail project is seeking to offer passenger service from Miami to West Palm Beach with the possibility of future service to Orlando. In 2015, the FDFC approved the issuance of $1.75 billion in bonds for All Aboard Florida, a move that led Martin and…

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FDFC silent after lawmakers question All Aboard Florida bonding process

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Two Republican lawmakers are still waiting for a response from the Florida Development Finance Corporation about its approval of a $600 million private equity bond application for All Aboard Florida. The rail project is seeking to provide passenger service from Miami to West Palm Beach and, eventually, service to Orlando. FDFC approved the issuance of $1.75 billion in bonds for All Aboard Florida back in 2015, but Martin and Indian River counties brought forward a suit alleging that the project…

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Rick Scott announces nine state board appointments

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On Friday, Gov. Rick Scott announced nine appointments to a variety of state boards and commissions. Johnnie B. Byrd Alzheimer’s Center and Research Institute Scott started by naming Sherrie Nickell to the Board of Directors, Johnnie B. Byrd Alzheimer’s Center and Research Institute at the University of South Florida. The USF Health Byrd Alzheimer’s Institute is a multi-disciplinary Center of Excellence at the University of South Florida, founded to provide patient care, research and public and professional education. Nickell, 57,…

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Gov. Rick Scott announces five board appointments

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On Friday, Gov. Rick Scott announced three new appointments and two reappointments to a pair of state regulatory boards. All of the following appointments are subject to Florida Senate confirmation. Florida Development Finance Corporation Scott named three to the Florida Development Finance Corporation. FDFC is a state authorized issuer of industrial revenue bonds through interlocal agreements. Daniel Davis, 42, of Jacksonville, is president and chief executive officer of the Jacksonville Chamber of Commerce. He fills a vacant seat and is…

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