TAMPA BAY, Fla. March 3, 2011 /PRNewswire/ -- With less than one day remaining to reach an agreement on High Speed Rail, the Governor and the Mayors supporting the project have reached an impasse. Today, the Mayors of Tampa, Orlando, Lakeland and Miami sent a letter to the Governor addressing the remaining concerns he expressed in a meeting Monday evening.
The Tampa Bay Partnership, Central Florida Partnership, Greater Miami Chamber of Commerce and the business communities they represent support this solution that spells out unequivocally that the Orlando to Tampa High Speed Rail line can be built with full protection for Florida taxpayers.
The letter outlines the structure devised to privatize the project and provides an explicit response to each concern raised by the Governor. The federal grant of $2.4 billion dollars will pay for 90% of the project. Private contractors have expressed their willingness to pay the rest. All contracts would be handled by an entity formed by the Mayors that would protect the state from liability.
The joint statement from the Tampa Bay Partnership, Central Florida Partnership and Greater Miami Chamber of Commerce says in part, "Any worthwhile investment has some risk, but the Mayors have managed to eliminate all reasonable and foreseeable risks, with the cooperation and approval of the U.S. Department of Transportation. If we refuse to move forward based on the possibility of remote and speculative risks, then we will cease to invest in our future."
"This project presents a once-in-a-lifetime chance to build a high-impact project that will help transform our economy. It will create a link among great medical and technology centers in Orlando and Tampa, world-famous tourist attractions, and globally competitive airports and seaports, and it will be the start of a state-wide system linking Orlando, Tampa, Miami, and Jacksonville. As the first bullet train in the United States, it will lay the foundation for a whole new industry for Florida, attracting businesses, tens of thousands of jobs, innovation, and talent to our State."
The Tampa Bay Partnership, Central Florida Partnership and Greater Miami Chamber of Commerce also strongly support construction of a statewide high speed rail system that will, in time, connect to an interstate high speed rail system. Tampa to Orlando is only the first leg. The Orlando to Miami corridor will be the critical second leg of the statewide system.
The Mayors' letter concludes "If we do not go forward with this project, this decision will not contribute one bit to reducing the federal deficit or lowering the federal taxes Floridians pay. Instead, and quite ironically, we will simply be forced to stand by and watch the federal dollars Floridians have paid be diverted to other states to help build their high speed rail systems, putting Florida at an increasing competitive disadvantage."
About Tampa Bay Partnership:
The Tampa Bay Partnership is a CEO-led regional economic development organization with a mission to work with its partners to market the region nationally and internationally, to conduct regional research, and to coordinate efforts to influence business and government issues that impact economic growth and development. Founded in 1994, the Tampa Bay Partnership markets the entire eight-county, 6,515-square-mile area of west central Florida that includes Citrus, Hernando, Hillsborough, Manatee, Pasco, Pinellas, Polk, and Sarasota counties.
About Central Florida Partnership
The Central Florida Partnership is an essential place for leaders to convene, set priorities, and address our region's toughest challenges and identify our greatest opportunities. Serving business, civic and community leaders in Brevard, Lake, Orange, Osceola, Polk, Seminole and Volusia Counties – the Central Florida Partnership is a business-led initiative where regional leaders come together to share regional conversations – moving ideas to results.
About the Greater Miami Chamber of Commerce
The Greater Miami Chamber of Commerce is the voice of business in South Florida, representing more than 400,000 employees of member companies. To carry out its mission, the Chamber involves the private sector in community leadership. For more than a century, the Chamber has been widely recognized and respected for its extraordinary record of economic development and community improvement. The Greater Miami Chamber is a proactive chamber, regularly getting engaged in issues important to its member companies and individuals. Its program of work is organized in five areas: Domestic Business Development, Governmental Affairs, International Business Development, Leadership Programs and Marketing & Member Services. The Chamber is nationally recognized as one of the Top 10 Executive Speaking Forums in America.
SOURCE Tampa Bay Partnership