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Daytona Beach real estate realtor Aswin Suri of Exit realty debuts one of his properties Beach Club Cottages at Ponce Inlet, Florida. This is a beautiful piece of real estate located in the Daytona Beach area directly on the ocean! Enjoy waking up to your oceanfront views! Visit Aswin Suri’s website at: www.daytonabeachrentals.us AswinSuri@gmail.com 1-888-608-6564 Is it the West Indies or Ponce Inlet? Engulf your senses in the scents and bursts of color from your luscious maintenance free garden. Feel the protection from the natural dunes. If you can tire of this, go inside your thermostatically and humidity controlled three story home. Survey your spacious surroundings. Natural stone floors, maple cabinets, decks, terraces, ale bar overlooking the ocean. Choose from three interior vignettes created by an award winning designer. Everything is exactly as it should be. Relax. West Indies or Ponce Inlet — your senses say West Indies, your commute says Ponce Inlet.
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– real estate and daytona beach florida

Question by pompanopete0: Why is Obama trying to take credit for Floridas’ High Speed Rail Project?
Especially, When he was in college when the project actually began, and WE the taxpayers have funded the meetings and planes trips to Japan etc.

Here’s the facts:

History of High Speed Rail in Florida
Chronology of Events

1976 Florida Transit Corridor Study
Is mandated by the Florida Legislature.
Feasibility for a High Speed Rail (HSR) between Daytona Beach and St. Petersburg
Concludes that implementation of this system is feasible if implemented in stages and recommended the joint use of the existing highway corridors
Capital cost of an advanced high speed rail system capable of speeds in excess of 150 mile per hour was estimated at 5 million.
1982 Governor Bob Graham Visits Japan
Governor is impressed with the operation of the Shinkansin high speed rail system and, upon his return to Florida he authorizes the creation of the Florida High Speed Rail Committee.
1984 Florida’s Future Advanced Transportation Report
The report is issued by the high speed rail committee.
It concludes that Florida’s transportation infrastructure is inadequate to accommodate future growth and that an advanced high speed rail system is essential to Florida’s mobility in the 21st century.
The report recommends that public/private partnerships be formed to proceed with implementation of the system and that existing publicly owned rights of way should be used.
1984 Florida High Speed Rail Commission
The Florida Legislature enacts the Florida High Speed Rail Transportation Commission Act.
The act includes strong legislative findings regarding the need for high speed rail in Florida.
It creates a seven-member Florida high speed rail commission and charges it with the implementation of high speed rail in Florida.
A franchise process is dictated and great emphasis is placed on the establishment of the system through a public/private partnership with extensive reliance on use of real estate development rights to fund the system therefore minimizing the need for public funding.
1986 Florida High Speed Rail Study Completed
The final report for the high speed rail study is issued by Barton Aschman Associates.
The report concludes that the State should proceed with the implementation of the system connecting Miami, Orlando and Tampa.
The study estimates the total infrastructure costs at .3 to .7 billion.
It estimates the ridership at 6 million riders per year
It concludes that financing could be achieved through joint land developments, benefit assessment districts and tax increment financing.
1986 Commission Issues Request for Proposals (RFP)
1988 High Speed Rail Proposals Submitted
Two proposals are submitted by Florida TGV Inc. and the Florida High Speed Rail Corporation.
The Florida TGV Inc. proposal will use the French TGV train with speeds up to 170 mph.
The total system cost is estimated at .2 billion
Ridership is estimated at 5.8 million per year.
The TGV company insists from the start that the project could not be completed without public funding
The Florida High Speed Rail Corporation proposes to use the Swedish built ABB X2000 train technology with tilt capabilities.
The total system capital cost is estimated at .9 billion
Ridership is estimated at 3.7 million riders.
The proposal suggests that extensive real estate development rights will be needed to finance the system and no other public investment should be needed.
1989 TGV Company Withdraws its Proposal
With the lack of Commission support for public funding, TGV of Florida withdraws its proposal.
1990 Florida High Speed Rail Corporation Revises its Proposal
Following the Commission’s staff assessment that utilizing the extensive development rights proposal offered by the Corporation is not tenable, the Corporation revises its proposal to include benefit assessment districts, tax increment finalizing, impact fees and new gas tax to help fund the system.
1991 Governor Chiles Rejects New Proposal, Florida High Speed Rail Corporation Withdraws from Further Consideration
1992 Florida Legislature Enacts the New High Speed Rail Act
This act transfers responsibility of HSR from Commission to FDOT.
The new law also streamlines the franchise and certification process and limited the use of real estate development for project funding.
This act is still valid (F.S. 341.3201 to 341.386) and the Department retains authority for implementation of high speed rail in the State.
1992-1994 Statewide Ridership and Corridor Studies Conducted
Extensive transportation and ridership surveys including largest ever intercity market surveys are conducted in the US.
1995 FDOT Announces Funding Commitment for HSR
FDOT funding will be million per year for thirty years to be escalated at 4%
1995 FDOT Issues Request for Proposals (RFP) Five Proposals Submitted
1995-1996 Review of Applications
Extensive review is conducted by the Department, Citizens Advisory Committee, local governments and state

Best answer:

Answer by Paul
He’s making sure it is funded.

Add your own answer in the comments!

Glazer, DeBartolo among Forbes’ richest Floridians
Sports team owners past and present are among the state’s billionaires, including Malcolm Glazer, Edward DeBartolo, Micky Arison, John Henry, William Koch, H. Wayne Huizenga and Ted Turner.
Read more on The Tampa Tribune