LaHood Warns Florida to Get on the Right Track for Federal Rail Funds
The Bond Buyer
October 8, 2009
Bruce Jay "Bruce" Colan- Miami
Miami M&A Partner Bruce Jay Colan was quoted in The Bond Buyer article, "LaHood Warns Florida to Get on the Right Track for Federal Rail Funds," on October 8, 2009.
The article examines the issues Florida faces in creating a high-speed rail system that would connect Tampa, Orlando and Miami. On October 5, Transportation Secretary Ray LaHood advised Floridians that the state would have to gather significant public and official support, as well as state funding, in order to compete for a piece of the $50 billion that the federal government has allocated for high-speed rail corridor programs.
Mr. Colan, who is currently the chairman of the Greater Miami Chamber of Commerce, discusses some of obstacles the state faces in funding the project and warns, "If we don't get together we will lose Tri-Rail and we will lose high-speed rail.
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