Florida received the largest Federal share of High Speed Rail Funding in the nation earlier this year. The federal grant will go toward the development of a high-speed rail system in the state. Officials from our legislative governments have said that contributions from the Federal Government could only hope to supplement about 30% of the total project.
In response to this Compliance Officials from Knight Investments LLC met with a qualified representative from the United States Department of Transportation and Department of Treasury to discuss the feasibility of constructing a "Public-Private Partnership"
"We have received confidential intelligence reports that detail the way foreign capital can flow into America. We hope to showcase this information to the proper officials how this commitment can be secured." said the Director of Submissions for Knight Investments LLC.
Florida has received $66.6 million in federal grant funding from the U.S. Department of Transportation to develop a brand new high speed rail system between Orlando and Tampa. Nearly $80 million in American Recovery and Reinvestment Act (ARRA) grants to Florida and four other states for high speed rail development were announced today by Transportation Secretary Ray LaHood at a regional leadership conference in central Florida. Florida’s first funding installment is part of the $1.25 billion grant to the state announced by the Administration in January.
"We have determined that the total scope of the project is about 25 billion USD; seeing that the total objective is a way off-the government really has to look to the private sector to make this happen. We believe, through the correct presentation, that this can become a reality." said the Chief Underwriting Officer for Knight Investments LLC
Unconfirmed sources have stated that Knight Investments LLC Officials have already obtained support at the legislative level; however, officials from Knight Investments LLC opted to decline comments on that subject.
Florida’s grant covers the next six months of work and will include completing 30 percent of the design for the Orlando-Tampa segment, ramping up the public outreach plan, updating ridership projections, buying right of way and doing preliminary station design.
“All of this hard work and preparation is getting us closer to building the country’s first, true high speed rail system,” said Kevin Thibault, Interim Executive Director of the Florida Rail
Enterprise. “We will eventually ask private companies to compete for the right to submit bids to build, operate and maintain the system.”
Knight Investments LLC Officials did affirm that Compliance Officials had "top level clearance" to pursue the facilitation of this project, and would look to utilize all of its resources to assist the development of the Florida Bullet Train.
"All options for the development of the Florida Bullet Train will depend on legislative approval. It will also depend on the willingness of the state, with the Federal Government, to offer the right incentives for investment capital into the US. I believe the biggest hindrance in the US is not giving the tax incentives necessary to return the trillions of US Dollars sitting off shore. Perhaps, legislation will rework this idea and convince the foreigners holding our currency to give it back to us." said Knight Investments LLC International Board of Advisor
