U.S.: California delays vote on 2nd round of Virgin Trains bond allocation

By Mick Akers, Las Vegas Review-Journal; January 15, 2020

A California finance committee on Wednesday put off a decision on issuing $300 million in tax-exempt bonds to the Virgin Trains USA high speed rail project until next month.

The California Debt Limit Allocation Committee decided to wait until its Feb. 12 meeting to vote on a second round of bonds for the $4.8 billion Las Vegas to Southern California high-speed rail project, citing the pending review of the project’s final environmental impact statement by the Federal Railroad Administration.

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