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 supplying core systems for China's driverless metro line

Nanjing Line 7 is a key metro line in Nanjing’s metro network, which includes 27 stations that connect the southwest to the northeast of the city.

Deutsche Bahn resuming delivery of ICE 4 trains

Siemens and Bombardier reached an agreement with officials on a reworking and testing concept for welds that were occasionally not executed properly.

NYC subway on-time performance passes 80% for first time in 6 years

A contributing factor to the reduction in delays has been the significant progress made in reducing track debris fires.

DART, City of Dallas lock down streetcar operation agreement

It outlines responsibilities related to the planning, design, construction, procurement, operations, and maintenance of the system.

Training program brings Chinese railcar expertise to Chicago

This spring, nineteen electrical and sheet metal workers traveled to China for classroom and hands-on training.

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