Florida Gov. invested in company linked to high speed rail

Gov. Rick Scott speaks to reporters at the Emergency Operations Center in Marion County on April 25, 2018.

TALLAHASSEE, Fla. - Florida Gov. Rick Scott killed a major high speed rail project but he and his wife have invested in a fund that has links to a private company building a new high speed rail line.

The Miami Herald reported Thursday that new disclosures show Scott and his wife have invested in a credit fund run by the parent company of All Aboard Florida.

All Aboard Florida is building a high speed rail line from Miami to Orlando, but recently expressed interest in extending the line to Tampa.

Scott announced in June that the Florida Department of Transportation and the Central Florida Expressway Authority received an unsolicited proposal to lease property owned by Florida and CFX to build a high-speed train along I-4 from Orlando to Tampa.

Scott in 2011 rejected $2.4 billion that the federal government offered the state to build a high speed rail line to Tampa. Scott rejected the project because, he said, it would have cost Florida taxpayers millions for decades to come.

Lauren Schenone, a spokeswoman for Scott, said the investment is unrelated to All Aboard Florida and that the success of the rail project will have no effect on it. 

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