Skip to main content

NC Attorney General's Office: I-485 financing plan is legal

In a letter to NC Secretary of Transportation, Gene Conti, Chief Deputy Attorney General Grayson G. Kelly declared the "design-build-finance" plan for the missing Interstate 485 as legal. The letter, available here, pointed to a 2006 General Assembly Act as the legal precedent that will allow the Governor's plan to go forward.

The act "...further expanded NCDOT's contracting authority by allowing the Department, with Board of Transportation approval, to enter into agreements with private entities, political subdivisions and the North Carolina Turnpike Authority to finance by tolls and other financing methods authorized by law, the cost of acquiring, constructing, equipping, maintaining, and operating highways, roads, streets and bridges. "

Interestingly, later amendments to the law allow NCDOT to enter into similar agreements for all transportation projects including rail.

Additional Stories:
Plan for Charlotte Beltway Wins State Endorsement ---Charlotte Business Journal

Commentary:
So this clears the legal hurdles for Governor Perdue's plan. The plan, which is modeled after a method used by the Florida Department of Transportation, is the first of its kind in North Carolina.

Now it's a matter of how quickly NCDOT can move forward in putting the contract out to bid; and, more importantly, locating contractors that have the financial strength to chip in $50 million for construction.

I still have my reservations that this will all come together, but I must give credit to the Governor's office for coming up with a plan - at nearly the last minute - that can get construction of the missing link underway.

Comments

Popular posts from this blog

California State Route 38

California State Route 38 is a fifty-nine-mile State Highway located entirety in San Bernardino County and a component of the Rim of the World Highway.  California State Route 38 begins at California State Route 18 at Bear Valley Dam of the San Bernardino Mountains and follows an easterly course on the north shore of Big Bear Lake.  California State Route 38 briefly multiplexes California State Route 18 near Baldwin Lake and branches east towards the 8,443-foot-high Onyx Summit.  From Onyx Summit the routing of California State Route 38 reverses course following a largely westward path through the San Bernardino Mountains towards a terminus at Interstate 10 in Redlands.   Pictured as the blog cover is California State Route 38 at Onyx Summit the day it opened to traffic on August 12th, 1961.   Part 1; the history of California State Route 38 California State Route 38 (CA 38) is generally considered to be the back way through the San Bernardino Mountains to Big Bear Lake of Bear Valley

I went to Buc-ee's and came away unimpressed

Buc-ee's, the Texas-sized gas station and convenience store that started in Texas, has been expanding its territory.  New locations have sprung up in Georgia, Alabama, and Florida.  Construction is underway, or plans are in place for even larger stations in Tennessee, Kentucky, South Carolina, Mississippi, and Colorado . For nearly four decades, Buc-ee's was a Texas-only novelty.  The first location opened in Lake Jackson, Texas in 1982, and another four stores opened over the next decade.  In 2000, Buc-ee's began its Texas-sized growth by adding over 20 new stores - mainly around Houston, Dallas/Ft. Worth, and Austin/San Antonio areas.   Each store was built larger - with more gas pumps, amenities, and offerings.  The store became well-known for its clean bathrooms, fresh-cut brisket sandwiches, and wall of beef jerky.  Texans and visitors from all around would take road trips to visit new stores or get their Buc-ee's fix.   Buc-ee's has billboards advertising thei

The original alignment of California State Route 33 in Firebaugh

Firebaugh is a city located on the San Joaquin River of western Fresno County.  Firebaugh is one of the oldest American communities in San Joaquin Valley having been settled as the location of Firebaugh's Ferry in 1854.  Traditionally Firebaugh has been served by California State Route 33 which was one of the original Sign State Routes announced during August 1934.  In modern times California State Route 33 is aligned through Firebaugh on N Street.  Originally California State Route 33 headed southbound passed through Firebaugh via; N Street, 8th Street, O Street, 12th Street, Nees Avenue and Washoe Avenue.  The blog cover depicts early California State Route 33 near Firebaugh crossing over a one-lane canal bridge.  The image below is from the 1935 Division of Highways Map of Fresno County which depicts the original alignment of California State Route 33 in Firebaugh. Part 1; the history of California State Route 33 in Firebaugh The community of Firebaugh is named in honor of Andr