But today, the railroad man is back in the game, awaiting areply from his new application to the state for $8 million instartup funds and another $22 million in multi-year money. He alsowill be submitting a $250,000 ridership study expected to befinished in three months.
That may or may not be in time. Biscan won't get a partialanswer until January when the transportation agency makes itsannual funding recommendations to the Legislature.
Even if he received a total commitment of $30 million in statefunds, the developer would sill need $32 million to cover most ofthe costs, say planners familiar with the enterprise. Meanwhile,Biscan is receiving backing from cities where terminals or depotswould be built--Eustis, Tavares and Mount Dora. The developer'splan calls for the cities to build and maintain the terminals anddepots.
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