Tri-Rail

Tri-Rail

MIAMI — Miami Commissioners unanimously approved creating a transportation trust fund to establish a pot of money that can be used to fund large and small transit projects, reported the Miami Herald.

Commissioner Francis Suarez began pushing for the trust fund several months ago as the South Florida Regional Transportation Authority sought $69 million from public entities to bring Tri-Rail trains downtown, the report said.

The legislation approved Thursday ensures that 20 percent of any unrestricted, one-time payment to the city of at least $500,000 will go into the trust fund, according to the Miami Herald.

For the full story, click here.

About the author
Staff Writer

Staff Writer

Editorial

Our team of enterprising editors brings years of experience covering the fleet industry. We offer a deep understanding of trends and the ever-evolving landscapes we cover in fleet, trucking, and transportation.  

View Bio
0 Comments