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Keyword: indianatollroad

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  • Gov. Holcomb promises no new interstate tolls in Indiana during his administration

    01/28/2019 10:16:25 PM PST · by Tolerance Sucks Rocks · 11 replies
    The Northwest Indiana Times ^ | November 29, 2018 | Dan Carden
    INDIANAPOLIS — Gov. Eric Holcomb will not take action to toll Indiana's interstate highways during his tenure in office, a decision that a key Region lawmaker believes betrays the goals of the state road funding plan Holcomb enacted last spring. The Republican chief executive on Thursday transmitted to the State Budget Committee an interstate tolling plan crafted by the Indiana Department of Transportation, as required by House Enrolled Act 1002 sponsored by state Rep. Ed Soliday, R-Valparaiso. The plan details how the state could collect approximately $15 billion for road improvements between 2024 and 2045 by imposing tolls of up...
  • SSCVA sees role for Toll Road in attracting Illinois residents and visitors to Indiana

    01/28/2019 8:16:25 PM PST · by Tolerance Sucks Rocks · 13 replies
    The Northwest Indiana Times ^ | January 18, 2019 | Andrew Steele
    HAMMOND — Two presentations at Thursday's meeting of the South Shore Convention and Visitors Authority left its top executive convinced the SSCVA, the Toll Road and the Move to Indiana campaign could partner to market Indiana to Illinois residents. A review of the Move to Indiana campaign by executives of The Times Media Co. and Amplified Digital was followed at the meeting by an update of the Indiana Toll Road Concession Co.'s recent and planned investments in the Toll Road. "We're very excited about partnering with the Toll Road on major Toll Road-wide initiatives," SSCVA President and CEO Speros Batistatos...
  • Todd Spencer: Highway system deserves gas tax revenue

    01/27/2019 11:14:11 PM PST · by Tolerance Sucks Rocks · 22 replies
    The Indianapolis Business Journal ^ | January 25, 2019 | Todd Spencer
    More than 60 years ago, the interstate highway system was envisioned to connect the country from coast to coast. Initially, a modest 3-cents-per-gallon tax on gasoline and diesel fuel was established and wholly dedicated to the construction and maintenance of roads and bridges. The vision became reality and exceeded expectations, connecting communities, making travel easier, and improving the flow of commerce. A short time later, the gasoline and diesel tax was increased to 4 cents per gallon—where it stayed until 1983, when it was doubled. Unfortunately, this also marked the point in which highway taxes began to be diverted to...
  • Indiana lawmakers question governor’s tolling decisions

    12/08/2018 8:54:40 PM PST · by Tolerance Sucks Rocks · 41 replies
    The Seymour Tribune ^ | December 8, 2018 | The Seymour Tribune
    SOUTH BEND, Ind. — Northern Indiana lawmakers are calling into question Gov. Eric Holcomb’s decision against imposing new tolls on the state’s interstate highways, while allowing the Indiana Toll Road’s private operator to significantly boost rates for large trucks using that highway. Democratic Sen. Karen Tallian of Portage tells the South Bend Tribune that the situation is unfair because only the communities in northern Indiana along the Toll Road will have the burden of higher tolls, while all parts of the state will benefit from the toll money. The Republican governor announced in September that the operator of the Toll...
  • Law enforcement bracing for more semis on U.S. 20 in LaPorte County as Toll Road fees increase

    10/09/2018 8:12:39 PM PDT · by Tolerance Sucks Rocks · 22 replies
    The South Bend Tribune ^ | October 6, 2018 | Stan Maddux
    LAPORTE — Law enforcement in LaPorte County is preparing for the possibility of an already-congested and dangerous U.S. 20 being overrun with more semi-trucks as drivers avoid the 35 percent cost increase of traveling the Indiana Toll Road. Much of that stretch of highway being down to one lane in each direction for resurfacing adds to the concerns. LaPorte County Sheriff John Boyd said he’s reached out to Indiana State Police to help patrol U.S. 20 if an increase in truck traffic becomes too much for his staff to handle alone. “We’re going to prepare for it,” Boyd said. “We’re...
  • Trump's Infrastructure Plan Is Actually Pence's—And It's All About Privatization

    09/28/2017 4:28:56 AM PDT · by Tolerance Sucks Rocks · 13 replies
    Newsweek ^ | September 4, 2017 | Lydia O'Neal and David Sirota
    President Donald Trump’s $1 trillion plan to rebuild America’s infrastructure may be unprecedented in size and ambition, but it mimics a controversial scheme championed by Vice President Mike Pence when he was the governor of Indiana. That’s why Pence is the public face of the Trump initiative, and executives from financial firms that helped privatize Indiana’s toll road are in the White House, busily sculpting Trump’s national plan. Pence and his allies like to boast about how Indiana sold control of major roads to private firms, claiming the move prompted corporations to invest money in infrastructure that would otherwise have...
  • Private Toll Operators Salivate Over Donald Trump’s Infrastructure Plan

    06/11/2017 11:05:39 PM PDT · by Tolerance Sucks Rocks · 129 replies
    The Intercept ^ | June 6, 2017 | Lee Fang
    Investors are hoping to seize upon the $1 trillion infrastructure plan proposed by President Donald Trump to transform the nation’s highways, bridges, and tunnels into assets they can monetize by adding tolls and other user fees.The Trump infrastructure plan, which the administration plans to roll out this week, is centered on the idea of “asset recycling,” which refers to the process of securing new infrastructure spending by leasing the operations of existing public property to private operators.The privatization-centered scheme has the nation’s largest toll operators salivating. Transurban, Cintra, and TransCore, three major toll operators, have retained federal lobbyists to influence...
  • Indiana Toll Road asks drivers to 'Put the Phone Down'

    04/11/2017 11:02:37 PM PDT · by Tolerance Sucks Rocks · 14 replies
    WNDU 16 ^ | February 27, 2017 | Travis Robinson
    When you're driving, there's a good chance you've seen someone on the phone, and maybe you've even been that person. Fifty-seven percent of American drivers admit to being on their phone while driving. Indiana Toll Road construction for the 80/90 Push project is just about halfway done. They expect to be finished July fourth, but in order to do that, they need workers to stay safe. So they're trying to cut down on those numbers. It really is difficult to put a dent in those numbers because we're all on-the-go. On top of that, you probably haven't met anyone who...
  • Infrastructure investors go big

    11/06/2016 8:16:17 AM PST · by Tolerance Sucks Rocks · 3 replies
    Pensions & Investments ^ | October 31, 2016 | Arleen Jacobius
    Pension funds and other asset owners increasingly are investing in U.S. infrastructure, often buying the assets from infrastructure money managers. This could be a win-win. Investor interest comes at a time when the first crop of infrastructure funds raised in the U.S. in 2004 and 2005 are coming to the end of their 10-year life span. Managers are expected to bring more transactions to market to take advantage of growing interest by direct investors. Industry insiders expect more infrastructure core projects to change to institutional investor ownership. Investors prize the core projects, even though returns generally are lower than investments...
  • Morton Marcus: Business-government partnerships hide faults

    11/06/2016 7:44:26 AM PST · by Tolerance Sucks Rocks · 1 replies
    The Terre Haute Tribune Star ^ | October 29, 2016 | Morton Marcus
    It was disappointing, but not surprising, to learn from the Indianapolis Business Journal (Oct. 10-16) that both John Gregg and Eric Holcomb endorse public-private partnerships (P3s). These candidates for governor are experienced in the ways of our Indiana government. Mr. Gregg has served at the highest level of the legislature while Mr. Holcomb is our Lt. Governor. P3s are agreements between governments (national, state, or local) with private companies to assume control, but not ownership, of public assets. Hoosiers know them in the form of the new bridge over the Ohio River, connecting the east end of Louisville with Clark...
  • Will next governor pave the way for more public-private partnerships?

    10/11/2016 7:05:15 PM PDT · by Tolerance Sucks Rocks · 5 replies
    The Indiana Lawyer ^ | October 11, 2016 | Hayleigh Colombo, IBJ Staff
    The controversial 2006 lease of the Indiana Toll Road paved the way for highway projects funded by public-private partnerships in Indiana — including the relatively smooth and nearly finished building of a bridge over the Ohio River at Louisville and the beleaguered construction of a 21-mile stretch of Interstate 69 from Bloomington to Martinsville. Indiana’s next governor — whose road-funding agenda will likely shape discussions at next year’s budget session of the Indiana General Assembly — will have a major role in crafting future deals to fund projects and maintain the state’s infrastructure. The question is whether the state will...
  • California pension investment ticks off state engineers’ union

    05/15/2016 12:47:13 AM PDT · by Tolerance Sucks Rocks · 1 replies
    The Sacramento Bee ^ | May 10, 2016 | Jon Ortiz
    Add one more investment to the list of CalPERS’ controversial investments: a privately run state highway. The retirement fund recently purchased 10 percent of Indiana Toll Road Concession Co. The firm runs a 157-mile stretch of highway that runs across northern Indiana from Illinois to Ohio. California’s state engineers’ union says it’s a horrible investment that sinks government employees’ money into a project that, ironically, is hostile to government employees. The toll-road company is the first of what fund managers anticipate will be more investments in infrastructure and transportation projects as the $291 billion system broadens its reach into those...
  • Mailbox, concrete chunks, jug thrown from Indiana Toll Road overpass

    05/14/2016 8:06:36 PM PDT · by Tolerance Sucks Rocks · 14 replies
    The Elkhart Truth ^ | May 9, 2016 | Ryan Jeltema
    BRISTOL — Several motorists on the Indiana Toll Road were lucky to escape injury after a mailbox, concrete chunks and gallon jug of windshield washer fluid were thrown at cars from the C.R. 19 overpass on April 22. Four vehicles were damaged from the debris in the area of mile marker 97.1 near Bristol shortly before midnight on April 22, according to an Indiana State Police press release issued on Monday. The only injury reported was a 17-year-old passenger in one of the vehicles, who was transported to Elkhart General Hospital for treatment of minor injuries. State Police found a...
  • ‘Operation Truck Stop’ enforcement effort targets off-toll-road traffic in Northern Indiana

    08/12/2015 5:01:13 PM PDT · by Tolerance Sucks Rocks · 28 replies
    Overdrive ^ | July 27, 2015 | Todd Dills
    Indiana is known for its targeting of truckers relative to the behavioral aspects of on-highway safety — no state devotes a larger share of its focus to ticketing and issuing warnings to drivers for moving-type violations. When officials in the northern part of the state in late June announced a weeklong “Operation Truck Stop” three-county enforcement effort during the July 4 holiday week along U.S. 20, a common Indiana Toll Road alternate, in late June, regular readers could have been forgiven for seeing little news there. As Overdrive‘s reports on the state made clear in the last year, such efforts...
  • Private Enterprise Does It Better

    08/04/2010 6:45:27 AM PDT · by Kaslin · 5 replies
    Townhall.com ^ | August 4, 2010 | John Stossel
    Click here to find out more! In "Myths, Lies and Downright Stupidity," I bet my readers $1,000 that they couldn't name one thing that government does better than the private sector. I am yet to pay. Free enterprise does everything better. Why? Because if private companies don't do things efficiently, they lose money and die. Unlike government, they cannot compel payment through the power to tax. Even when a private company operates a public facility under contract to government, it must perform. If it doesn't, it will be "fired" -- its contract won't be renewed. Government is never fired. Contracting...
  • Lawmakers get free use of Toll Road; most refuse

    06/07/2008 6:19:38 PM PDT · by Tolerance Sucks Rocks · 10 replies · 221+ views
    The Fort Wayne Journal-Gazette ^ | June 7, 2008 | Mike Smith (Associated Press)
    INDIANAPOLIS – The private operator of the Indiana Toll Road has sent devices to numerous lawmakers in Indiana giving them a free ride on the highway, and all legislators can get the same deal if they choose. But several lawmakers who have received the “non-revenue” I-Zoom transponders are not using them, saying it is only fair that they pay the same amount as other motorists. “When I got it, I was in a state of disbelief,” said Rep. Scott Pelath, D-Michigan City. “I can’t describe it as anything other than a perk. Mine is in the possession of solid-waste authorities.”...
  • Private tollway?

    04/08/2008 10:07:25 AM PDT · by Tolerance Sucks Rocks · 27 replies · 252+ views
    The Midwest City Sun ^ | April 7, 2008 | Eric Bradshaw
    Several Oklahoma legislators are concerned that individuals and organizations are quietly working on plans to create a privately-operated tollway in Oklahoma. Many referred to Spain-based Cintra, which has been involved in the development of a proposed Trans-Texas Corridor. Cintra also took over the operation of the Indiana East-West Toll Road from the Indiana Department of Transportation in 2006. Oklahoma State Sen. Randy Brogdon and state representatives Eric Proctor, Richard Morrisette, Scott Inman and Charles Key all expressed concern that efforts to open up Oklahoma to a privately operated tollway system were being kept out of the view of the general...
  • Spanish firm using loan from U.S. to build segments of Texas toll road

    03/14/2008 4:23:23 PM PDT · by Tolerance Sucks Rocks · 20 replies · 860+ views
    Land Line Magazine ^ | March 13, 2008 | David Tanner
    Officials with the Spanish toll road operator Cintra have announced that the company has secured $430 million in loans from the U.S. government to build and operate two segments of a toll road in central Texas. Cintra officials announced the company’s financial plan for the $1.36 billion Highway 130 segments on Monday, March 10. OOIDA Senior Government Affairs Representative Mike Joyce told Land Line that the Association does raise red flags when federal dollars are used to subsidize private investors. Officials with the Owner-Operator Independent Drivers Association are not, however, categorically opposed to a state using future toll revenue to...
  • Texans ponder where superhighway might take them

    03/04/2008 1:28:23 PM PST · by Tolerance Sucks Rocks · 12 replies · 415+ views
    The Boston Globe ^ | March 4, 2008 | Peter Canellos
    REFUGIO, Texas - With an abandoned Wild West-vintage town of storefronts slumbering just a block from old US 77, tiny Refugio is a place where myth and reality coexist in a ghostly silence. more stories like this Obama faces heat over aide's NAFTA remarks to Canadians Texas, Ohio could decide Dem nomination Canada says didn't misrepresent Obama over NAFTA McCain tags Dems on trade treaty NAFTA seen differently in Ohio, Texas And now this South Texas outpost is swept up in one of the more intriguing tests of myth vs. reality in today's political life: the battle over the so-called...
  • How to Keep Our Bridges Safe

    08/04/2007 8:28:38 PM PDT · by Tolerance Sucks Rocks · 33 replies · 998+ views
    Wall Street Journal ^ | August 4, 2007 | STEVEN MALANGA
    Nearly a fifth of America's roads are now considered in poor shape and about one-in-four bridges is rated "structurally deficient." The U.S. Department of Transportation estimates that the cost to fix these problems is a staggering $460 billion. The tab grows far larger when you add in the hundreds of billions to build the new transportation infrastructure that's needed to handle the country's growth. Part of the problem is that big increases in state and local spending for politically popular programs, especially Medicaid and education, as well costly public employee pensions and benefits, have crowded out infrastructure -- even as...