Posted on 03/07/2007 4:19:33 PM PST by Tolerance Sucks Rocks
Roads are considered by many to be essential. The problem is nto money it is that fact that over 10 billion dollars over teh past ten years of gas tax money that was supposed to pay for roads has bee redirected to other projects in the state budget.
Don't play semantics with me. Roads are not an essential function of government. Pointing out that they are essential to get from point A to point B is childish.
And that's different from a private company building/leasing/operating an airport or a sewage-treatment plant, how?
If I have to look it up, it didn't happen. BTW, since you were BSing about the PPPs, your probably BSing about this too.
"None of those roads are PPPs"
Google: CTTS
They say they are or at least that's how they're financed.
To me it is.
Central Texas Turnpike systems:
The 2002 Project is providing 65 miles of new roadway to Central Texas. Total project financing is $3.6 billion, including design, construction, right of way acquisition, and other financing costs (insurance, debt service, interest, etc). The 2002 Project will be completed almost 25 years sooner than conventional transportation construction projects due to the innovative financing (a combination of public, private, bond financing) and, in the case of SH 130, a new contractual arrangement referred to as a Comprehensive Development Agreement (CDA). Under the CDA, a single contractor or consortium of contractors is retained for design, construction, right of way, permitting and other aspects of project completion.
(SH 130, SH 45N, Loop 1) are Central Texas Turnpike Systems
183A is Central Texas Regional Mobility Auth.
Your #28 confirms #17
Was that suppose to be a question?
(a combination of public, private, bond financing) is this NOT a PPP?
Let me answer that for you.
"the term “public-private-partnership” is used for any scenario under which the private sector assumes a greater role in the planning, financing, design, construction, operation, and maintenance of a transportation facility compared to traditional procurement methods."
road=gas
Well, it appears to say that some private funding was involved. Whether that counts as a PPP in the eyes of modern-day journalists is something else entirely...
TSR tells you, in #17, that 130 is different from the others
Your own cut and paste post #28 refers to 130 as a "new contractual arrangement", indicating that it is different from the others.
Given this, isn't your curiosity aroused?
Allow me to disagree with you, friend. I consider roads an essential function of government, and Ike did too, as another link in national defense.
Eisenhower favored the Interstate System being paid for by tolling, but was overruled by Congress.
Today, in retrospect, we know that the "free" IS System was a failure because it was "free".
First, there was never the political will or ability to tax at the level needed to maintain, replace, rebuild, reconfigure, expand. The system is worn out and inadequate. Today, the cost of just patching consumes huge amounts of money.
Second, the "free" roads promoted urban development that was detrimental to the condition and the capacity of the system.
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