Sunday, December 30, 2012

It's back: Texas in 'Super Highway' deal with Spain

Ten lanes of toll road highway with a speed limit of 85 mph. Governor Perry kept this project quiet. The tolls would go to a company in Spain for 50 years.

Read more

Bruce

"Perry signs agreement 3 years after public opposition halted project.
...
NEW YORK – Believe it or not, the Trans-Texas Corridor is back.

Very quietly, Gov. Rick Perry and the Texas Department of Transportation, or TxDOT, signed in October a comprehensive development agreement to construct a toll-road redevelopment of Interstate 35 north of downtown Fort Worth.
...
Perry may never have abandoned his original idea to build what during the presidential administration of George W. Bush was known as the Trans-Texas Corridor project, a 4,000-mile network of privately built and operated toll roads to crisscross the state, with Spanish development company Cintra scheduled to earn the tolls under 50-year leases."

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