2008 Q4 FReepathon. Target: $80,000 Receipts & Pledges to-date: $60,976
76%  
Adding in the monthlies... Woo hoo!! Over 76 percent!! Less than $20k to go!! Thank you FReepers and Lurkers!!

Keyword: cdas

Brevity: Headers | « Text »
  • Kolkhorst seeks 'real' reforms to TTC plans

    05/31/2008 9:22:33 PM PDT · by Tolerance Sucks Rocks · 4 replies · 25+ views
    The Huntsville Item ^ | May 31, 2008 | The Huntsville Item
    State Rep. Lois Kolkhorst said it’s time for Texas transportation officials to talk about real reforms to address the public outrage over the proposed Trans-Texas Corridor. The Brenham Republican’s reaction followed Thursday’s actions taken by the Texas Transportation Commission. The panel adopted a set of guiding principals and policies which will govern the development, construction and operation of all toll road projects on the state highway system and the controversial Trans-Texas Corridor. Bob Colwell, Texas Department of Transportation public information officer for the Bryan district, said the adoption of the guidelines does not reflect the final approval of Interstate 69...
  • Cintra/Zachry complete legal work on $1,360m financial close with TxDOT on SH130 5&6

    03/19/2008 6:20:26 PM PDT · by Tolerance Sucks Rocks · 13 replies · 303+ views
    TOLLROADSnews ^ | March 10, 2008 | TOLLROADSnews
    SH 130 Concession Company LLC finalized the legal details of a financial close with Texas DOT on a $1,360m toll concession to build SH130 segments 5&6 Thursday and Friday last week in bankers' offices in New York City - at Orrick, 666 Fifth Avenue. The actual money flows should occur on Thursday or Friday (Mar 13 or 14) this week, Jose Maria Lopez de Fuentes, president of Cintra North America, told us this morning. Hundreds of documents and over 20 lawyers were involved last week representing TxDOT, private equity people, banks, mostly European, the TIFIA loan group from FHWA, and...
  • Spanish firm using loan from U.S. to build segments of Texas toll road

    03/14/2008 4:23:23 PM PDT · by Tolerance Sucks Rocks · 20 replies · 527+ views
    Land Line Magazine ^ | March 13, 2008 | David Tanner
    Officials with the Spanish toll road operator Cintra have announced that the company has secured $430 million in loans from the U.S. government to build and operate two segments of a toll road in central Texas. Cintra officials announced the companys financial plan for the $1.36 billion Highway 130 segments on Monday, March 10. OOIDA Senior Government Affairs Representative Mike Joyce told Land Line that the Association does raise red flags when federal dollars are used to subsidize private investors. Officials with the Owner-Operator Independent Drivers Association are not, however, categorically opposed to a state using future toll revenue to...
  • McReynolds talks TxDOT at First Friday luncheon

    03/11/2008 1:24:51 PM PDT · by Tolerance Sucks Rocks · 4 replies · 186+ views
    Diboll Free Press ^ | March 12, 2008 | Jerry Gaulding
    Senior executives of the Texas Department of Transportation can expect some heavy grilling from state legislators when the state Legislature convenes next January, state Rep. Jim McReynolds said Friday. Speaking to the monthly First Friday luncheon of The Chamber, Lufkin-Angelina County, McReynolds said many legislators, especially those from rural East Texas, are unhappy with TxDOT leaders over the Trans- Texas Corridor project and how it has incorporated plans for an Interstate 69 through the region. McReynolds said he attended all four of the TxDOT hearings on the TTC held in his district, which included one in Diboll, and "never heard...
  • TxDOT accused of breaking federal law

    03/06/2008 1:18:28 PM PST · by Tolerance Sucks Rocks · 9 replies · 62+ views
    The Navasota Examiner & Grimes County Review ^ | March 6, 2008 | Rosemary Smith
    Texas spirit was alive and well at the Navasota DEIS public hearing on Feb. 28. Opposition groups, such as the International Brotherhood of Teamsters, came from as far as Washington, D.C. to give recorded testimony, and get a first hand look at TxDOT process procedures. Assistant Director of Communications, Leigh Strope, who attended the meeting on behalf of the 34,000 Texas Teamsters Union members, says, Teamsters want to stop the dangerous trend of selling our roads and bridges to foreign investors so they can slap tolls on the driving public. We are also concerned because the Trans-Texas Corridor would form...
  • County judge and commissioners take action against TTC/I-69

    02/06/2008 2:39:38 PM PST · by Tolerance Sucks Rocks · 8 replies · 52+ views
    Navasota Examiner ^ | February 6, 2008 | Rosemary Smith
    Grimes County commissioners and County Judge Betty Shiflett made sure they attended a TTC/I-69 meeting at the Walker County Fairgrounds last week, as residents previously demanded they take a stronger stance against the proposed route through Grimes County. Shiflett received a roaring applause from audience members with her speech that ended with the question, “What part of “no” do you not understand?” Shiflett added that Grimes County was not given an option for having a town meeting, just the environmental meeting. “Representative Lois Kolkhorst stole the show as she announced loud and clear that she was against TTC I-69,” said...
  • Valley leg of I-69 a big maybe

    02/05/2008 1:12:56 PM PST · by Tolerance Sucks Rocks · 17 replies · 33+ views
    Brownsville Herald ^ | February 4, 2008 | Kevin Sieff
    A so-called “NAFTA Superhighway” earned support from the city’s mayor and discussion among residents Monday during a public hearing on the Texas Department of Transportation’s I-69 project. TxDOT held a public hearing at the Brownsville Events Center Monday to explain the progress of the Trans-Texas Corridor, a future segment of Highway I-69, which will link the U.S.-Mexico border to the U.S.-Canada border. After a short presentation, the floor was open for comments. Among the local politicians, college students and retirees at the hearing there was a wide range of opinion on the project. According to Mario Jorge, district engineer for...
  • Perry's Trans-Texas Corridor plan is a hard sell

    01/28/2008 5:31:44 PM PST · by Tolerance Sucks Rocks · 8 replies · 84+ views
    Houston Chronicle ^ | January 27, 2008 | Rad Sallee and Eric Hanson
    Gov. Rick Perry's ambitious Trans-Texas Corridor plan, and his advocacy of toll funding for future roads, hit the skids in a skeptical Legislature last spring. The road shows no signs of getting any smoother as state transportation officials try to sell the plan to Houston-area audiences. "This will wipe me out," Dee Bond told a panel of corridor advocates at a town hall meeting in Rosenberg last week. The panel, which included Texas Transportation Commissioner Ned Holmes of Houston and Steve Simmons, deputy executive director of the Texas Department of Transportation, was there to explain and gather comment on a...
  • TxDOT Announces New Members of Leadership Team

    01/07/2008 7:22:38 PM PST · by Tolerance Sucks Rocks · 2 replies · 18+ views
    Reuters ^ | January 7, 2008 | TxDOT
    Saenz expands administration to reflect changing role of agency AUSTIN, Texas, Jan. 7 /PRNewswire-USNewswire/ -- The Texas Department of Transportation today announced selections for the final three members of Executive Director Amadeo Saenz's leadership team. The new Assistant Executive Director for Engineering Operations is John Barton of Beaumont. The newly-formed office of Assistant Executive Director for District Operations will be lead by David Casteel of San Antonio. The newly-formed office of Assistant Executive Director for Innovative Project Development will be lead by Phil Russell of Austin. "John, David and Phil are all outstanding professionals," said Saenz. "All of them understand...
  • 2008 Construction Outlook for Texas

    12/20/2007 2:03:44 PM PST · by Tolerance Sucks Rocks · 17 replies · 21+ views
    Reed Construction Data ^ | December 20, 2007 | Liz Moucka
    Highways The Texas Department of Transportation plans to let contracts for $4.1 billion in construction in 2008 are in jeopardy after having to return around $950 million to Washington over the past 18 months. The mood in Austin is uncertain, although voters approved Proposition 12 in November, authorizing the next Texas Legislature in 2009 to issue up to $5 billion in bonds (paid from general revenue) to build highway projects. A required independent audit of the Texas Department of Transportation during 2007 recommended that the department “should continue to pursue Comprehensive Development Agreements (CDA) and toll pricing at levels that...
  • Anyone got a map?

    10/28/2007 3:20:06 PM PDT · by Tolerance Sucks Rocks · 39 replies · 12+ views
    Fort Worth Star-Telegram ^ | October 28, 2007 | Fort Worth Star-Telegram
    During this year's legislative session, Texas had an "oh, wait, hold on, don't do that" moment on privately funded tollways. Fair enough, but now it's time to figure out what the state should do, including how to pay for what the state's highway czar calls a $100 billion shortfall in money needed for essential highway projects. Ric Williamson, the Weatherford businessman who is chairman of the Texas Transportation Commission, says "the entire future of the state transportation system" depends on potential revenue from private toll road investors. Without it, staffers with the Texas Department of Transportation told commission members at...
  • Help wanted: Sound transportation policy

    08/29/2007 7:17:39 PM PDT · by Tolerance Sucks Rocks · 25 replies · 265+ views
    East Texas Review ^ | August 29, 2007 | William Lutz
    The Texas Department of Transportation (TxDOT) says it needs to spend $9 million in taxpayer money to sell its vision of transportation policy to the public. Maybe if TxDOT pursued rational transportation policies, the public support would follow, and it could spend that $9 million building and maintaining roads. Heres why Texans ought to be concerned. Borrowing carries a price tag. The Texas Constitution has traditionally eschewed deficit spending and required existing revenue to pay for existing spending. Now, the state wants to build most of its roads by borrowing, either publicly or by getting a private firm to agree...
  • Highway Robbery of Texas Roads (SPP & Trans-Texas Corridor)

    08/21/2007 9:42:11 PM PDT · by anymouse · 29 replies · 674+ views
    Texas Eagle Forum ^ | 08-20-07 | Cathie Adams
    Texas drivers are tired of traffic gridlock. We want new roads built sooner rather than later, but we do not want a Trans-Texas Corridor that would surely invite more illegal drugs and more illegal aliens. Legislators have gotten our message but since both highway funds, the State Highway Fund (a gasoline tax) and the Texas Mobility Fund (bond money), have been pilfered for other uses, there is no money for road building. Members of the Texas Senate Transportation & Homeland Security Committee met on August 7 to discuss this funding dilemma. Committee Chairman John Carona suggested a new constitutional amendment...
  • Commission authorizes more than 80 toll road projects

    06/14/2007 5:38:29 PM PDT · by Tolerance Sucks Rocks · 19 replies · 330+ views
    Houston Chronicle ^ | June 14, 2007 | Jim Vertuno (Associated Press)
    AUSTIN — Transportation officials on Thursday approved more than 80 toll road projects across the state, many of which probably would use some private financing. State lawmakers recently passed a two-year moratorium on some private toll road contracts. The law still allows local and state planners to move on the new toll projects — with a price range of more than $50 billion — although the rules have changed. Under these projects, local officials would get the first crack at development before the state steps in. And even if privately financed, the government would own and operate the roads and...
  • Perry signs toll road bill

    06/13/2007 7:17:02 AM PDT · by Tolerance Sucks Rocks · 14 replies · 338+ views
    Fort Bend Herald and Texas Coaster ^ | June 12, 2007 | Stephen Palkot
    A bill that places a two-year moratorium on private toll road agreements in Texas was signed by Gov. Rick Perry on Monday. The bill, Senate Bill 792, was pushed by opponents of the Trans Texas Corridor, which is a proposed set of privately-funded toll roads throughout Texas. The final version of the bill represents a compromise between opponents of the TTC and Perry, its main backer. Specifically, the bill prevents the Texas Department of Transportation from entering what are called comprehensive development agreements, or CDAs, which are contracts for private companies to build and profit from toll roads in Texas....
  • Perry signs compromise bill slowing toll road projects

    06/12/2007 8:11:42 AM PDT · by Tolerance Sucks Rocks · 13 replies · 313+ views
    Houston Chronicle ^ | June 12, 2007 | R. G. Ratcliffe
    But compromise doesn't affect six projects slated for Harris County AUSTIN Gov. Rick Perry on Monday signed legislation that slows down his ambitious plans for building toll roads but does not halt them completely. Perry and the Legislature got into a stare-down last month when lawmakers sent him a bill that put serious restrictions on building toll roads in Texas and constrained policy set by the Texas Transportation Commission, which is run by the governor's appointees. Perry said he would veto the bill and threatened to call a special legislative session if lawmakers did not send him compromise legislation....
  • Perry's office sees no toll moratorium at all

    06/04/2007 4:24:13 PM PDT · by Tolerance Sucks Rocks · 11 replies · 263+ views
    San Antonio Express-News ^ | June 3, 2007 | Patrick Driscoll
    Now that legislators have gone home and trumpeted how they passed a bill to freeze private financing of toll roads, the governor's office has some bubble-busting news. There isn't much of a moratorium in Senate Bill 792. "Of any kind, that we can tell," said Robert Black, spokesman for Gov. Rick Perry. "Unless there was something screwy that happened." Actually, there were plenty of screwy machinations in the Legislature as lawmakers hammered out bills to rein in tolling powers of the Texas Department of Transportation. Slapping a two-year moratorium on privatization contracts started out simple. But skittish lawmakers carved out...
  • Editorial: Yellow on toll roads

    05/27/2007 10:41:29 AM PDT · by Tolerance Sucks Rocks · 15 replies · 540+ views
    Waco Tribune-Herald ^ | May 27, 2007 | Waco Tribune-Herald
    If anything has approximated unanimity in the 80th Texas Legislature, it is the desire to slow down on toll roads. This has left the state’s biggest proponent of toll roads, Gov. Rick Perry, the odd man out. But he’s still the man with the veto pen. The House and Senate last week overwhelmingly approved a two-year moratorium on most toll roads, including the Trans-Texas Corridor. Lawmakers earlier sent a bill to Perry with toll-road restrictions. He vetoed it, and threatened a special session if he didn’t get a bill he could sign. The bill that emerged reportedly meets his terms....
  • Architect of toll road freeze is credited for her tenacity

    05/26/2007 6:07:27 PM PDT · by Tolerance Sucks Rocks · 10 replies · 449+ views
    Dallas Morning News ^ | May 26, 2007 | Jake Batsell
    Those persuasion skills were key to Ms. Kolkhorst marshaling support for a partial two-year moratorium on private toll roads. The bill could get lawmakers' final blessing today. The Brenham Republican has emerged as a central figure in the Legislature's efforts to slow down the privatization of Texas roads. She has persuaded nearly all of her 149 House colleagues to back the moratorium, which excludes most North Texas toll projects. Ms. Kolkhorst, 42, has parlayed a blend of persistence, fearlessness, smarts and country charm into a more visible role in Austin. In addition to leading the toll road freeze, she has...
  • Toll road agreement reached

    05/25/2007 4:01:11 PM PDT · by Tolerance Sucks Rocks · 8 replies · 356+ views
    Austin American-Statesman ^ | May 25, 2007 | Ben Wear
    House, Senate passage seem likely The careening vehicle that has been this legislative session's toll road overhaul appeared to pull into the garage about 4:35 p.m. Thursday. At that moment, Republican state Sen. Robert Nichols of Jacksonville, after spending several moments huddling on the floor with Sen. Tommy Williams, sponsor of Senate Bill 792, affixed his signature to a compromise version of the bill, and the two shook hands. "We've got a deal now," Williams, R-The Woodlands, said about an hour later. "This is really going to move transportation issues forward, particularly in large metropolitan areas." The deal was among...
  • Toll-road pact is still in talks

    05/24/2007 10:15:22 AM PDT · by Tolerance Sucks Rocks · 18 replies · 298+ views
    Fort Worth Star-Telegram ^ | May 24, 2007 | Aman Batheja
    AUSTIN -- Key negotiators were still working Wednesday night to hammer out a compromise version of a toll-road moratorium bill that Gov. Rick Perry won't veto. Earlier Wednesday, Sen. John Carona, R-Dallas, said a compromise between the House and Senate versions of a transportation bill had been negotiated, but key House members quickly insisted that a deal had not been reached. The compromise version would require both chambers' approval. Perry vetoed a toll-road moratorium bill last week, citing concerns that it would cost the state federal funding of transportation projects. Different versions of a second moratorium passed both chambers last...
  • TTC Wars: Will Perrys pet project prevail?

    05/23/2007 3:22:22 PM PDT · by Tolerance Sucks Rocks · 10 replies · 267+ views
    Lone Star Times ^ | May 23, 2007 | Rick G
    Paul Burkas blog has a nice update on the legislative efforts to de-rail Gov. Perrys Trans Texas Corridor project. It hasnt been stopped yet (reference to bills are bills to halt the TTC): So heres where we are. HB 1892, the original bill, has been vetoed. SB 792, Caronas bill, is in conference committee. The governors office, through former senator Ken Armbrister, is trying to round up enough votes in the Senate (11) to block an override of the veto. If he is successful, then the governor holds all the cards. He can veto 792 as well, with the calendar...
  • With replacement in limbo, Perry vetoes toll bill

    05/19/2007 4:56:31 PM PDT · by Tolerance Sucks Rocks · 12 replies · 331+ views
    Austin American-Statesman ^ | May 19, 2007 | Ben Wear
    Senate rebuffs House changes to SB 792, pushing final action on the tollway overhaul into the session's last week. The Texas Senate declined to accept House changes in a key toll road bill Friday, thus requiring a House and Senate conference committee to craft a compromise version and triggering a gubernatorial veto of another bill. When the House decided to knock off work for the weekend early Friday afternoon, Senate Bill 792 was put on ice until Monday. That led Gov. Rick Perry to follow through on his pledge to veto the legislation that SB 792 is meant to replace,...
  • New tollway bill passes Senate

    05/15/2007 9:51:54 AM PDT · by Tolerance Sucks Rocks · 9 replies · 471+ views
    Austin American-Statesman ^ | May 15, 2007 | Bean Wear
    More projects exempted from private toll road moratorium in unanimous Senate vote. The Texas Senate, after hours of closed-door negotiations stamped out hot spots of dissent, unanimously passed revamped toll road legislation Monday that would supplant a bill languishing on Gov. Rick Perry's desk. Perry, who has made it clear he would veto the first bill, House Bill 1892, immediately signaled that he would allow Senate Bill 792 to become law if the House passes it in its current form. Lawmakers involved in the negotiations say they hope to get SB 792 to Perry late this week in time to...
  • Toll road compromise reached (Texas)

    05/14/2007 7:48:00 AM PDT · by Cat loving Texan · 9 replies · 490+ views
    Austin American Statesman ^ | 5/14/07 | Ben Wear
    Toll road compromise reached By Ben Wear | Monday, May 14, 2007, 08:10 AM Lawmakers, representatives from the Texas Department of Transportation and others have reached agreement on major toll road legislation that will be laid out this morning in a meeting of the Senate Transportation and Homeland Security Committee. But there could be a backlash. Many legislators had said this session that what they didnt want was to be presented with a large agreed-upon transportation bill late in the session with little or no time to absorb it. Thats exactly what theyre getting, however. The bill, in this instance,...
  • Lawmakers discuss transportation amid threat of special session

    05/11/2007 12:33:26 PM PDT · by Tolerance Sucks Rocks · 6 replies · 181+ views
    Houston Chronicle ^ | May 10, 2007 | Liz Austin Peterson (Associated Press)
    AUSTIN — Intense negotiations on compromise transportation legislation continued Thursday, a day after Gov. Rick Perry threatened to call a special session on the issue. Senate Transportation Committee chairman Sen. John Carona said the sides were close to an agreement, though his House counterpart wasn't as optimistic. "We are very close, however we've been close before," said state Rep. Mike Krusee, R-Round Rock. Asked if thought the deal could be completed before the session ends on May 28, he said: "It's 50-50." The dustup involves a sweeping bill the Legislature sent Perry earlier this week that would put a two-year...
  • Farm Bureau urges governor support of TTC Funding Moratorium

    05/07/2007 6:06:05 PM PDT · by Tolerance Sucks Rocks · 7 replies · 250+ views
    Southwest Farm Press ^ | May 7, 2007 | Southwest Farm Press
    Waco - Governor Rick Perry should sign a bill that would establish a two-year moratorium on the controversial Trans Texas Corridor (TTC), according to the board of directors of the state's largest farm organization. A letter requesting the governor's approval of House Bill 1892, signed by the 14 members of the Texas Farm Bureau board, including TFB President Kenneth Dierschke, urges a moratorium on the use of private equity comprehensive development agreements, including the TTC. The letter was delivered to Governor Perry today. It said in part, "We believe the moratorium envisioned in HB 1892 will give all Texans the...
  • Temporary toll ban moves to Texas governor

    05/04/2007 12:36:13 PM PDT · by Tolerance Sucks Rocks · 16 replies · 425+ views
    Land Line Magazine ^ | May 3, 2007 | Keith Goble
    The Texas House voted 139-1 Wednesday, May 2, to give final approval to a bill that is intended to buy the state more time to review the effects of handing over roadways to private groups. The vote cleared the way for the bill to move to Gov. Rick Perry’s desk. The bill – HB1892 – would place a two-year moratorium on toll road leases with private groups. It also would require a study of the long-term effects of public-private partnerships. Perry, who has touted the benefits of his proposed Trans-Texas Corridor project, had urged lawmakers to reject the freeze but...
  • Private toll road moratorium sent to governor

    05/03/2007 5:51:58 AM PDT · by Tolerance Sucks Rocks · 19 replies · 384+ views
    Houston Chronicle ^ | May 2, 2007 | Jim Vertuno (Associated Press)
    AUSTIN The House gave final approval Wednesday to placing a two-year moratorium on private toll road contracts, sending the bill to Gov. Rick Perry and setting up a showdown over the future of the state's transportation policy. Perry had urged the Legislature to reject the freeze but has stopped short of promising a veto. The House approved the measure 139-1, showing it has broad enough support that lawmakers could vote to override the governor if he tries to kill it. The Senate approved the bill 27-4 last week. The Legislature can override a veto with a two-thirds vote of...
  • Audit shows TxDOT exaggerated the numbers again

    05/02/2007 10:48:56 AM PDT · by Tolerance Sucks Rocks · 19 replies · 385+ views
    Land Line Magazine ^ | May 1, 2007 | David Tanner
    he Texas state auditor has concluded that transportation officials used inflated numbers when they reported an $86 billion funding gap for highways and transportation projects. The audit released April 30 has a familiar ring to it because it is the second scathing review of transportation funding estimates this year in the state. State Auditor John Keel said the $86 billion estimate by Texas Department of Transportation officials should be more like $77.4 billion, but thats not all. Nearly $38 billion of that estimate took into account undocumented cost estimates from city officials competing for shared transportation dollars. Keels team of...
  • Bumpy ride for tollway plans

    04/28/2007 1:54:03 PM PDT · by Tolerance Sucks Rocks · 17 replies · 471+ views
    Fort Worth Star-Telegram ^ | April 28, 2007 | Aman Batheja
    AUSTIN -- The Texas Senate passed its second bill this session creating a two-year moratorium on privately funded toll roads Friday, a sharp rebuke of Gov. Rick Perry's plan to solve the state's transportation problems. Senators voted 27-4 to approve the bill, which would prevent the creation of toll roads made by public entities contracting with private companies. The Senate passed a similar bill earlier, but that version appears dead in the House. The version approved Friday easily passed the House this month by a vote of 137-2. The bill's Senate sponsor, Republican Tommy Williams of The Woodlands, said he...
  • Privatization opponents confident of override if Texas governor uses veto

    04/24/2007 9:05:41 PM PDT · by Tolerance Sucks Rocks · 17 replies · 417+ views
    Land Line Magazine ^ | April 23, 2007 | Land Line Magazine
    Opponents of Texas Gov. Rick Perrys proposed Trans-Texas Corridor say they can count on the votes to override if Perry vetoes a bill that would delay such projects. The Texas House and Senate didnt just support a two-year moratorium on public-private partnerships like the Corridor they did so overwhelmingly. In the Senate, the vote was unanimous to approve legislation to stall privatization deals. In the House, it was 137 to 2 on a similar bill. If one of the bills ultimately becomes law, the state would use the two years to study the feasibility of privatization, including the massive...
  • Commentary: Toll road deals merit scrutiny

    04/22/2007 12:14:18 PM PDT · by Tolerance Sucks Rocks · 16 replies · 487+ views
    San Antonio Express-News ^ | April 22, 2007 | Terri Hall
    Wonder why there is all the fuss over toll roads? Well, we're not talking about traditional toll projects. Gov. Rick Perry and his Transportation Commission are pushing private toll road deals that limit free routes and allow the private operator to charge high tolls. As ex-Transportation Commissioner Sen. Robert Nichols, a stickler for details and the author of a bill to halt comprehensive development agreements, or CDAs, has noted, the devil is in the details. These private toll contracts include noncompete agreements like Cintra's. There will be no improvements made to existing roads or new free routes built within a...
  • Senate approves moratorium on private toll roads (updated)

    04/20/2007 2:28:20 PM PDT · by Tolerance Sucks Rocks · 10 replies · 372+ views
    Houston Chronicle ^ | April 19, 2007 | Liz Austin Peterson (Associated Press)
    AUSTIN — The Texas Senate on Thursday approved a bill placing a two-year moratorium on private toll road contracts and creating a panel to review the terms of those agreements. Gov. Rick Perry had urged the Legislature to reject the freeze. He said the state's current transportation system, which involves public-private partnerships to build toll roads, needs to continue if Texas is to keep attracting big companies and jobs. But growing opposition to Perry's proposed Trans-Texas Corridor — a combined toll road and rail system that would whisk traffic from the Oklahoma line to Mexico — have made some lawmakers...
  • Senate approves moratorium on private toll roads

    04/19/2007 2:47:29 PM PDT · by Tolerance Sucks Rocks · 18 replies · 373+ views
    Houston Chronicle ^ | April 19, 2007 | Associated Press
    AUSTIN — The Texas Senate on Thursday approved a bill placing a two-year moratorium on private toll road contracts and creating a panel to review the terms of those agreements. Gov. Rick Perry had urged the Legislature not to act on the bill. He said the state's current transportation system, which involves public-private partnerships to build toll roads, needs to continue if Texas is to keep attracting big companies and jobs. Critics of Perry's proposed Trans-Texas Corridor and the state's contract with Spanish-American consortium Cintra-Zachry have made some lawmakers nervous about the project. Sen. Robert Nichols supported the corridor as...