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

Bleriot Ferry - Alberta

Alberta operates six ferries scattered throughout the province. Roughly twenty to twenty-five kilometers up the Red Deer River from the town of Drumheller is one of the most scenic ferry crossings in all of Wild Rose Country, the Bleriot Ferry. Using the North Dinosaur Trail (Alberta Highway 838, or AB 838), the Bleriot Ferry provides a scenic river cruise of sorts in the Canadian Badlands. The Bleriot Ferry started operating in 1913 as the Munson Ferry when a few bridges crossed the Red Deer River. The ferry was started by Andre Bleriot, the brother of famed early aviator Louis Bleriot, who became famous for being the first person to fly over the English Channel. At the time, the Alberta provincial government commissioned local residents to run the ferries. There were several ferries along the Red Deer River, and not only did they serve as vital transportation links, but they also served as local social hubs, since everyone had to take the ferries to go places. Over time, as the...

Interstate 40's Tumultuous Ride Through the Pigeon River Gorge

In the nearly 60 years Interstate 40 has been open to traffic through the Pigeon River Gorge in the mountains of Western North Carolina, it has been troubled by frequent rockslides and damaging flooding, which has seen the over 30-mile stretch through North Carolina and Tennessee closed for months at a time. Most recently, excessive rainfall from Hurricane Helene in September 2024 saw sections of Interstate 40 wash away into a raging Pigeon River. While the physical troubles of Interstate 40 are well known, how I-40 came to be through the area is a tale of its own. Interstate 40 West through Haywood County near mile marker 10. I-40's route through the Pigeon River Gorge dates to local political squabbles in the 1940s and a state highway law written in 1921. A small note appeared in the July 28, 1945, Asheville Times. It read that the North Carolina State Highway Commission had authorized a feasibility study of a "...water-level road down [the] Pigeon River to the Tennessee l...

I-73/I-74 and NC Future Interstates Year in Review 2024

Welcome to another annual review of progress in constructing North Carolina's New and Future Interstate routes. While 2024 was not too exciting, with no new segments of major routes opening, there was 1 new interstate signing, another proposed new interstate route, and the near opening of a new segment for 2 routes. As tradition, I will start off with a review of what happened with I-73 and I-74 and then move on to the major news of the year about the other new and future routes. Work continued on the I-73/I-74 Rockingham Bypass through the year. The last few months have been hoping for news of its opening before 2025, without luck. Signs of its near completion included the placement of new signs, many with interstate shields uncovered, along the Bypass and intersecting roadways. For example, these went up along US 74 East: Overhead signage at Business 74 exit which contains the future ramp to I-73 North/I-74 West. Signage was also updated heading west on US 74 approaching the unop...

Gribblenation

Search This Blog