Orlando Expressway Authority OKs All Aboard Florida Lease

Law360, Miami (October 4, 2013, 4:28 PM EDT) -- The Orlando-Orange County Expressway Authority Board's approved an agreement Thursday for All Aboard Florida Operations LLC to build tracks alongside State Road 528, completing a week of crucial approvals for Florida East Coast Industries Inc.'s planned $1.5 billion passenger line connecting Miami and Orlando.

The OOCEA's unanimous approval of a $20.4 million easement purchase agreement came a day after the Greater Orlando Aviation Authority voted to approve a rail line easement and rail yard lease deal with FEC clearing the way for a station at Orlando...
To view the full article, register now.