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To: Grams A; SaxxonWoods

[Financing:
The Authority used private money, not taxes, to finance the construction bonds, so no public vote was required as with W-470 or E-470. Bonds worth $386M were issued in early summer 2001. The final cost of the tollway was about $415M. When Brisa/CCR took over operation of the road in 2007, part of the agreement was paying off the Authority's outstanding bonds.]

 

"The consortium comprising Brisa Auto-Estradas de Portugal SA and its Brazilian affiliate Companhia de Concessoes Rodoviarias (CCR) could pay about 433 mln eur for the 99-year concession Northwest Parkway Highway, in Colorado, an amount which is more than initially expected, Jornal de Negocios reported."

Apparently SaxxonWoods doesn't know his ant-farm as well as he thinks.


21 posted on 09/19/2007 4:45:20 PM PDT by VxH (One if by Land, Two if by Sea, and Three if by Wire Transfer)
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To: VxH

W470 is different from E470. W470 is not a toll road, and was not built with private funds. It runs about a mile from my house. E470 is nowhere near Golden. It is a fast way to the airport from the SE if you don’t mind paying the toll.

Northwest Parkway is Colorado’s newest toll road that opened November 24th 2003. It connects with E-470 and I-25 at 157th Ave. The Parkway travels west and south to 96th Street. At 96th Street, traveling south it turns into a local traffic 4-lane, 45 m.p.h. arterial allowing access to US 36, Interlocken Business Park and FlatIron Crossing Mall.

The Northwest Parkway is comprised of three member jurisdictions, the City and County of Broomfield, City of Lafayette, and Weld County. Ex-officio members are Jefferson County, City of Arvada, Regional Transportation District (RTD), Interlocken Metropolitan District, and the Colorado Department of Transportation (CDOT).

The Northwest Parkway is a 100% privately funded road. No federal funds were used on the Parkway. Financing for the project is non-recourse toll revenue bonds to be repaid with toll revenues.

The Authority is organized on the philosophy of a small core staff with the majority of services being provided via contract. Currently there are only eight full-time employees.

The Northwest Parkway Public Highway Authority is located at the mainline toll plaza on the Northwest Parkway at, 3701 Northwest Parkway, Broomfield, CO. 80023.


Those foreigners you mention aren’t going to hurt anything.


23 posted on 09/19/2007 10:57:27 PM PDT by SaxxonWoods (...."We're the govt, and we're here to hurt."....)
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