Skip to main content

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

Popular posts from this blog

California State Route 232

This past month I drove the entirety of California State Route 232 in Ventura County. CA 232 is an approximately 4 miles State Highway aligned on Vineland Avenye which begins near Saticoy at CA 118 and traverses southwest to US Route 101 in Oxnard.  The alignment of CA 232 was first adopted into the State Highway System in 1933 as Legislative Route Number 154 according to CAhighways.org. CAhighways.org on LRN 154 As originally defined LRN 154 was aligned from LRN 9 (future CA 118) southwest to LRN 2/US 101 in El Rio.  This configuration of LRN 154 between CA 118/LRN 9 and US 101/LRN 2 can be seen on the 1935 California Division of Highways Map of Ventura County. 1935 Ventura County Highway Map According to CAhighways.org the route of LRN 154 was extended west from US 101/LRN 2 to US 101A/LRN 60 in 1951.  Unfortunately State Highway Maps do not show this extension due to it being extremely small. During the 1964 State Highway Renumbering LRN 154 was assigned CA 232.  Of n

Interstate 40 and the H-Bomb

Interstate 40 within California is entirely contained to San Bernandio County over a course of 155 miles from Interstate 15 in Barstow east to the Arizona State Line at the Colorado River.  Interstate 40 is aligned entirely in the Mojave Desert over the same general corridor established by US Route 66 and the National Old Trails Road.   Interstate 40 is known as the Needles Freeway and has an interesting backstory which included the prospect of the Bristol Mountains being excavated by way of nuclear blasts as part of Operation Carryall.   Part 1; the history of Interstate 40 in California The focus on this blog will be primarily centered around the construction of Interstate 40 ("I-40") within California.  That being said the corridor of automotive travel east of Barstow to the Arizona State Line was largely pioneered by the National Old Trails Road ("NOTR")   In April of 1912 the NOTR was organized with the goal of signing a trans-continental highway between Baltim

Interstate 15 Exit 239 to Zzyzx Road; intersecting the Mojave Road and Tonopah & Tidewater Railroad

    Interstate 15 Exit 239 in the Mojave Desert of northern San Bernardino County, California accesses the well known oddity of Zzyzx Road.  Zzyzx Road connects 4.5 miles from Interstate 15 to a small community of the same name which is located on the shore of the dry Soda Lake.  "Zzyzx" was coined in 1944 by Curtis Howe Springer as what he promoted as to be last word in the English Language.  On the surface Zzyzx appears to be something of a modern invention but the area has significant overall historical importance as part of a transportation corridor through the Mojave Desert.  Zzyzx lies at a point which was the intersection of the Mojave Road of the 19th Century the Tonopah & Tidewater Railroad of the early 20th Century.   The backstory of Soda Springs, the Mojave Road, Tonopah & Tidewater Railroad and Zzyzx The present site of Zzyzx is located upon a natural spring along the western shore of Soda Dry Lake.  This spring has historically been known as "Soda S