Gov’t has have VERY poor track record regarding tolls ever paying off any road construction, or at least going away.
True, but I think the model these days is that the tolls don’t go away, because they pay for ongoing maintenance, not just the initial construction.
“Gov’t has have VERY poor track record regarding tolls ever paying off any road construction, or at least going away.”
Don’t worry, it will be different this time. If it’s like the PPP’s throughout the rest of North American, the contract REQUIRES that the road be turned over to the state and then operated as a freeway, once the contract term is over (typically about 75 years).
The only toll road in GA finally had its toll booths removed a couple years ago. “The 400” paid for itself, and of course the tolls were continued. Not quite sure what happened, but then the booths were aggressively & completely removed. Might have had something to do with one of the richest counties in the country making heavy use of that road, and the annoyance of having to stop to toss a quarter every time.
The Coronado Bridge in San Diego is toll free now. Was paid off in 1986 but then took 16 years before tolls stopped, 2002. Was completed in 1969 and was supposed to be toll free when bond was paid off.