Rail

Mica proposes plan to save Fla. high-speed rail

Posted on February 18, 2011

With the deadline imposed by U.S. Transportation Secretary Ray LaHood to secure a sub-grantee to assume the proposed rail line between Orlando and Tampa, U.S. House Transportation Committee Chairman John L. Mica (R-FL) said he has completed his assessment of potential options to continue the project.

Based on the requirement to secure a sub-grantee and ensure that the project is on the soundest financial footing possible, he is exploring what he terms a "partial project rescue plan."

"The first 21-mile section of the proposed corridor from the Orlando Airport to the Convention Center and Disney World holds the potential for not only being a viable project, but one that could turn a profit with a qualified private operator," Mica said.

To accomplish this new proposal, the project would be recast as follows:

  • The initial operating segment would consist of 21 miles.
  • The sub-grantees would consist of Orange, Osceola and the City of Orlando.
  • The inter-local agreement would be crafted with these three initial participants, with the potential for additional future partners.
  • The federal government would provide financial support for construction of the first segment, up to an agreed upon funding amount.
  • The inter-local parties would solicit private sector proposals to finance, design, construct, operate, and maintain the project.
  • All parties would agree to proceed only if the project is financially viable and they had unanimous consent regarding the terms of ownership, development and operation of the project.

 Mica said he has discussed the proposal with several of the potential partners and has solicited their response.

"The ridership numbers for this 21-mile corridor would be some of the best in the United States and the world, and I believe could also return revenue to each of the participating partners," he said.

This proposed phased development has the potential to address the Governor's concerns by transferring the project from the state to another entity and limiting the scope of the project to the financially viable route to ensure maximum ridership and provides for future expansion.

 

View comments or post a comment on this story. (0 Comments)

More News

Alstom debuts world's first hydrogen train entering passenger service

The zero-emission Coradia iLint, which debuted in Lower Saxony, Germany, can reach up to 140 km/h (90 mph).

WMATA announces contracting opportunity for Silver Line extension

Under the agency's plan to "Keep Metro Safe, Reliable and Affordable," the use of competitive contracting is recommended as a way to control operating and maintenance costs

Amtrak Pacifc Surfliner, MLB team up for rail safety awareness

Partners with San Diego Padres, Los Angeles Angels and California Operation Lifesaver to highlight the importance of safety around train tracks.

Zmudzinski to lead national rail systems at WSP

Will lead the firm’s transit and rail systems engineering team and support business development across the U.S.

4 teams submit design-build bids for Foothill Gold Line light rail project

Includes technical approach to completing the design and construction of the project, their management method, and financial bid.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation