Nine other developers filed plans previously. The Florida High Speed Rail Authority in Tallahassee starts evaluating the plans this month and could ask for more detailed proposals by June.
If the $490 million Orlando-Disney leg succeeds when it is completed in 2004, American Maglev's team tells the Department of Transportation it will need an additional $1.2 billion in public money to complete the next phase of the system from Orlando to Tampa.
Gov. Jeb Bush, facing a tight budget, is under pressure to start some kind of a high-speed rail network by November 2003, based on a constitutional amendment voters passed in 2000. Lakeland, FL millionaire real estate developer C.C. "Doc" Doherty spearheaded the amendment vote in 2000.
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