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Results Chart for Delivery Method and Financing
From Public (Government) Sources to Producers: Negotiations were ongoing between May 2007 and October 2009. "Commercial close" was announced on June 2, 2009, with a target date for "financial close" in October, 2009. Financial Close was achieved in mid October, 2009, when the City also made its $50 million payment to the consortium.
Direct Cash Support: $457 million committed from FDOT's work program. $400 million committed from the citizens of MIami-Dade County. $50 million from City of Miami; $341 million loan from US DOT to a group of private companies operating as The Miami Access Tunnel
From Private Capital Markets Directly to Producers as Debt: To be disclosed.
From Producers as Equity: To be disclosed.