Garfield says he has new data that will keep the project alive.The state replies the only new data it needs is proof Garfield cancome up with $15 million to fund initial startup costs of the50-mile monorail. So far, the developer hasn't been able to dothat.
Garfield maintains all of the funding for the $1.5 billionenterprise is coming from private investors and taxpayers will nothave to pick up a dime.
Because of the funding question, the state agency canceled adeal two weeks ago that would have given Garfield and his company,Bee Line Monorail, access to state rights-of-way land along the BeeLine Expressway. That concession is valued in the millions becauseit meant the entrepreneur wouldn't have to deal with individualcounties to obtain the same privilege.
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