NC Legislature to debate toll funding

The issue of whether or not the state of North Carolina should help fund the $20 million gap for the Triangle Expressway toll project will take center stage within the NC General Assembly and Senate over the upcoming weeks.

In a WRAL-TV report Friday night, more detail was given on the upcoming legislative debate on toll financing. The North Carolina Turnpike Authority estimates that there is a $20 million gap in costs to built the highway and revenue they will receive in tolls.

If the measure isn't passed - lawmakers hope to have a decision made by July 16 -, the NCTA says the project - and as a result other projects like the Cape Fear Skyway - will be in jeopardy.

“Without the gap funding, the project certainly is in question,” said Steve DeWitt with the Turnpike Authority.

“There are other ways to do it, although they’re not quite as palatable. Private market, through a public-private partnership, is an option. It's not the best option for this state, but it is an option,” said DeWitt.

The private-public partnership idea may see more discussion in the upcoming weeks. It is used elsewhere worldwide (South America and Europe) and the idea has been gaining more momentum within the United States.

There are concerns on the concept which includes a concessionaires agreement between the state and the private investment. Are the tolls to be regulated etc? Control of maintenance etc.?

Obviously, the decision of the General Assembly will have a great impact on the future of toll roads and toll financing within the state. A 'no' vote does damage the prospect of toll highways being built, but it doesn't kill the idea altogether. A 'yes' vote means the Triangle Expressway is very likely going to be built as a toll road, and it breathes life into other toll projects. It's going to be an interesting couple of weeks.

Comments

California State Route 190; a Trans-Sierra Highway that could have been

This past week I decided to take a small scale road trip on California State Route 190 from CA 99 east to the unbuilt section over the Sierra Nevada Range. While I was in for what turned out to be a fun drive following the course of the Tule River watershed what I found researching the back story of CA 190 was one of the most complex and unusual stories of any California State Highway. Given that I had a ton of older photos of the eastern segment of CA 190 in the Mojave Desert of Inyo County I thought it was time to put something together for the entire route. The simplified story of CA 190 is that it is a 231 mile state highway that has a 43 mile unbuilt gap in the Sierra Nevada Range. CA 190 is an east/west State Highway running from CA 99 in Tulare County at Tipton east to CA 127 located in Death Valley Junction near the Nevada State Line in rural Inyo County. The routing CA 190 was adopted into the State Highway system as Legislative Route 127 which was adopted in 1933 acc

I-73/I-74 and NC Future Interstates, Year in Review 2022

Another year over, already? 2022 turned out to be quite the year if you are a fan of new interstate routes, and it wasn't bad for some long standing favorites. As per the tradition, I will review what happened with I-73 and I-74, and then the other new and future interstate routes in North Carolina... Work continued on the one segment of I-73 under construction, the I-73/I-74 Rockingham Bypass. As of the beginning of December, work was getting close to being 2/3 complete at 60.1%. Progress could be seen from US 74 on constructing of the future interchange at the Bypass's southern end. Here's a look from US 74 East in September from Google Maps Street View: Here's a photo from US 74 West taken last week by David Gallo: Work is now scheduled to be completed in October 2025, though the road itself could open earlier that year. Progress on I-74 earned more publicity in 2022 with the opening of 7.5 more miles of the Winston-Salem Northern Beltway from US 311 (Exit 49) to NC

Interstate 605

Interstate 605 is a 27.4-mile freeway located in the Los Angeles Metropolitain Area. Interstate 605 begins at Interstate 210 near Duarte and terminates at the Interstate 405/California State Route 22 junction to the south near the boundary to the city of Long Beach. Interstate 605 is known as the San Gabriel River Freeway and has three unconstructed miles which would extend it south to California State Route 1 near Seal Beach. Much of the corridor of Interstate 605 was built up from what was the original California State Route 35. The blog cover photo is taken from the July/August 1964 California Highways & Public Works which featured the initial segment of Interstate 605 to open between Whittier Boulevard and Peck Road Part 1; the history of the San Gabriel River Freeway and Interstate 605 The origin of what is now Interstate 605 begins during 1933 with the addition of Legislative Route Number 170 (LRN 170) to the State Highway System. The original definition of LRN 170 was

Gribblenation

Search This Blog