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  • 2008 Construction Outlook for Texas

    12/20/2007 2:03:44 PM PST · by Tolerance Sucks Rocks · 17 replies · 154+ views
    Reed Construction Data ^ | December 20, 2007 | Liz Moucka
    Highways The Texas Department of Transportation plans to let contracts for $4.1 billion in construction in 2008 are in jeopardy after having to return around $950 million to Washington over the past 18 months. The mood in Austin is uncertain, although voters approved Proposition 12 in November, authorizing the next Texas Legislature in 2009 to issue up to $5 billion in bonds (paid from general revenue) to build highway projects. A required independent audit of the Texas Department of Transportation during 2007 recommended that the department “should continue to pursue Comprehensive Development Agreements (CDA) and toll pricing at levels that...
  • Senate approves moratorium on private toll roads (updated)

    04/20/2007 2:28:20 PM PDT · by Tolerance Sucks Rocks · 10 replies · 485+ views
    Houston Chronicle ^ | April 19, 2007 | Liz Austin Peterson (Associated Press)
    AUSTIN — The Texas Senate on Thursday approved a bill placing a two-year moratorium on private toll road contracts and creating a panel to review the terms of those agreements. Gov. Rick Perry had urged the Legislature to reject the freeze. He said the state's current transportation system, which involves public-private partnerships to build toll roads, needs to continue if Texas is to keep attracting big companies and jobs. But growing opposition to Perry's proposed Trans-Texas Corridor — a combined toll road and rail system that would whisk traffic from the Oklahoma line to Mexico — have made some lawmakers...
  • Senate approves moratorium on private toll roads

    04/19/2007 2:47:29 PM PDT · by Tolerance Sucks Rocks · 18 replies · 479+ views
    Houston Chronicle ^ | April 19, 2007 | Associated Press
    AUSTIN — The Texas Senate on Thursday approved a bill placing a two-year moratorium on private toll road contracts and creating a panel to review the terms of those agreements. Gov. Rick Perry had urged the Legislature not to act on the bill. He said the state's current transportation system, which involves public-private partnerships to build toll roads, needs to continue if Texas is to keep attracting big companies and jobs. Critics of Perry's proposed Trans-Texas Corridor and the state's contract with Spanish-American consortium Cintra-Zachry have made some lawmakers nervous about the project. Sen. Robert Nichols supported the corridor as...
  • Texas toll-road debate still has miles to go

    03/11/2007 6:00:35 PM PDT · by Tolerance Sucks Rocks · 17 replies · 684+ views
    Dallas Morning News ^ | March 11, 2007 | Tony Hartzel
    AUSTIN – Four years of simmering frustration boiled over at a recent Texas Senate committee hearing with just one thing on the agenda: toll roads. An overflow crowd bashed and booed the Texas Transportation Commission in front of mostly like-minded senators. For eight hours, lawmakers and audience members alike questioned the state's increasing reliance on tolls. "We can't simply build roads at any cost," Sen. John Carona said to cheers. "We've got to build them smarter." Some argue that toll roads are the only smart play in a state where the Legislature has refused to raise the tax on gasoline,...