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TierOne Bank's owners say they have received a Nasdaq delisting notice because the company's stock price has been below $1 for more than 30 consecutive business days. TierOne Corp., the Nebraska-based parent of TierOne Bank, said Tuesday that it plans to comply with Nasdaq rules before the stock market's June 28 deadline, but the company is still evaluating its options. TierOne's stock has closed below $1 every day since Nov. 12, and it was trading at 70 cents on Wednesday afternoon. TierOne has also missed a deadline for filing its third-quarter earnings report.

Bandera local farmers and rancher charge that the I-69 Trans-Texas Corridor Tier One Draft Environmental Impact Statement (DEIS) has failed to meet important environmental standards. Barbara Mazurek, Bandera County Farm Bureau President says that these failures are indicative of the problems that exist with the entire Tran-Texas Corridor (TTC). “Because these environmental standards have not been met, the Texas Department of Transportation should seriously consider alternatives to its current model,” Mazurek said. According to Mazurek, there are three main reasons that the DEIS is flawed. • It limits its analysis to alternatives that fit the TTC “vision” of a multimodal...

HOLLAND - The mayor of this small community 15 miles south of Temple said Tuesday the commission of which she is president is ready to take by the horns the Texas Department of Transportation and its controversial proposal, the Trans-Texas Corridor. Armed with an 80-page manual, “How to Fight the TTC,” and backed by two non-profits who say they protect private property rights, Holland mayor Mae Smith said rural Bell County is ready for a fight. “Bell County sits here like a stepchild and they’re cramming this corridor down our throats,” Ms. Smith said, regarding the commission’s relationship with TxDOT....

The controversial project known as Interstate 69/TransTexas Corridor became a little less so last week after the Texas Department of Transportation announced it would recommend utilizing existing highway routes rather than building new ones. The announcement comes after months of public meetings during which residents along the path of the proposed path of Interstate 69/TTC voiced varying concerns. TxDOT has designated four priority corridors to address the state's transportation needs in the next decade. "The preliminary basis for this decision centers on the review of nearly 28,000 public comments made on the Tier One Draft Environmental Impact Statement," TxDOT Executive...

Each day, I make the dreaded drive down Interstate 35 to go to work in Fort Worth. Each day, I slug through the snarl and sludge of ceaseless traffic, which intensifies my growing desire to commit hari-kari, or at least incites a vehement curse of the highway gods. Certainly, we in Texas need more lanes, more roads, more rails, more something to deal with the ever-expanding urban population and growing international commerce. Yet how do we solve our transportation needs without carving up the countryside like some congratulatory cake? Or should the construction of a superhighway-rail-utility corridor even concern us?...

It has been roughly three months since residents of Huntsville and Walker County attended town hall meetings to voice their opinion on the Trans-Texas Corridor/I-69 project to the Texas Department of Transportation. There was no question then that there was strong opposition to the proposed 1,600-mile national highway, and it seems as though residents’ efforts to stop it has not lost any of its momentum. Several residents attended the Walker County Commissioners Court on Monday morning, expressing concerns about the project and encouraged the court to take another step of action. The five-member court agrees with the majority of the...

As the state's population continues to grow in its urban centers, expansion plans for the highway system continue to be the focus for transportation improvements. The Trans Texas Corridor proposal is aimed to alleviate traffic congestion, improve air quality and provide safer traveling for drivers, among other goals. In 2002, Texas Governor Rick Perry released the plan to create the passageway, which spans northeast from Laredo to Oklahoma and is set to total 4,000 miles in the next 50 years. The $140 billion project calls for the incorporation of new toll roads, commuter railways, power lines and gas pipelines, while...

State Rep. Jim McReynolds has sent a letter to the Texas Department of Transportation saying he thinks TxDOT should drop the idea of tying the Trans-Texas Corridor in with plans for routing Interstate 69 through East Texas. McReynolds says tremendous negative outcry from his constituents and other East Texas residents has made it clear to him no one wants infrastructure that massive and disruptive to the quality of life to be built, taking big swaths out of the Pineywoods countryside. "Within the past several weeks, I have personally attended every TxDOT hearing held in my district regarding this proposed corridor,"...

The Texas Department of Transportation's request for a 30-day extension of the public comment period for the Interstate-69/Trans-Texas Corridor Tier One Draft Environmental Impact Statement has been granted. The request was approved by the Federal Highway Administration which oversees the environmental review process for transportation projects. TxDOT has held over 500 meetings on the Trans-Texas Corridor including 254 county meetings, 95 environmental meetings and hearings on I-69/TTC, 171 environmental meetings and hearings on TTC-35, and 12 town hall meetings. The public comment period opened in December, and an extension through April 18th allows more citizens the opportunity to express their...

There's been a lot of talk about the new Trans-Texas Corridor — the next-generation "super-highway" — and opinions are varying. Now the debate is coming to Lufkin's doorstep. On Monday, the American Land Foundation, Stewards of the Range and TURF will hold a workshop at Lufkin's Pitser Garrison Civic Center on how to stop the Trans-Texas Corridor 69. The event runs from 9 a.m. to 3 p.m. A portion of Texas citizens have voiced their opposition to the TTC-69 in public meetings held by the Texas Department of Transportation, but believing they are not being heard, four cities and their...

Time is almost up for Texas residents who wish to submit a comment on the proposed Trans Texas Corridor, which must be received by the Texas Department of Transportation by Wednesday. Submissions of comments would have to be made either by mail or online at this point, and can be sent to I-69/TTC, P.O. Box 14428, Austin, TX 78761, or go to keeptexasmoving.com, then click on “question or comment” on the left side of the screen. Previously, throughout February and March, TxDOT held 47 well-attended hearings at which oral comments from the public were taken into account. The TTC has...

Heated comments flew around the room as more than 175 citizens gathered to voice their opinions at the TxDOT open house and public hearing on the I-69/Trans-Texas Corridor held at the Humble Civic Center on Feb. 28, 2008. Congress designated I-69 as a high priority corridor in 1991 and again in 1998. In 2002, TxDOT unveiled the Trans-Texas Corridor project to accommodate Texas' future transportation needs. The TTC is a part of a 4,000-mile system of rail lines, truck and car lanes and concentrated utility routes to improve international and intrastate movement of goods and people from Canada to the...

n what may have been the first hint of victory for opponents of the Trans Texas Corridor, a high-ranking Texas Department of Transportation official said Thursday he regretted his agency's communication failures and said one proposed version of the corridor, a 10-lane super highway with rail and utility pathways, will "probably not" be built in East Texas, based on the overwhelming resistance to the idea expressed at public hearings on the project this month. Phillip Russell, assistant executive director for innovative project development at TxDOT, was the keynote speaker at the Lone Star Legislative Summit at SFA Thursday, where he...

“We could've talked for another hour. People were really getting into it,” said Reuben Grassl, who organized a Feb. 14 community meeting in Shiro to discuss the proposed I-69 corridor route through Grimes County. The meeting was led by Grassl, Charles Wendt, and Edna Keasling and was attended by a cross section of 65 people from as far as Madisonville and Iola, who showed up with both questions and suggestions for opposition plans. “We gave them the latest information we received from the four recent meetings in the area, because a lot of information TxDoT and TTC put out would...

AUSTIN - When it comes to road improvement and maintenance, by most accounts, the South Plains and Panhandle are fortunate. Despite a $1.1 billion accounting error, the Texas Department of Transportation recently reported no projects in the region have been canceled or delayed while cities like Dallas, Houston and Laredo had at least a half dozen highway projects delayed. But the $1.1 billion-error, which occurred because TxDOT inadvertently counted some bond money twice and consequently allocated more funding than it had, is just the latest problem plaguing the beleaguered agency. For months, TxDOT executive director Amadeo Saenz and other transportation...

TEXAS CITY — A massive superhighway that Texans have protested at public hearings statewide drew heated opposition among Galveston County residents, who said they feared the toll road would cripple the local shipping industry and do nothing to improve insufficient hurricane evacuation routes. The Trans-Texas Corridor would wind from Laredo to Corpus Christi, wrap around the western edge of Greater Houston, parallel Interstate 59 through East Texas and leave the state in Texarkana. But residents at a public hearing Thursday night in Texas City questioned the real purpose for the road, which would also be part of a national Interstate...

NACOGDOCHES — The rows of extra chairs brought into the The Fredonia's biggest meeting room Thursday night were not enough to accommodate more than 750 people who attended an open house and public hearing on the proposed TTC-69 highway. Texas Department of Transportation officials heard hours of public testimony that continued late into the night overwhelmingly opposed to the construction of new roadways through East Texas. Applause throughout the hours-long meeting never swelled as loudly as it did when the first speaker of the night, state Rep. Wayne Christian, told TxDOT representatives emphatically that "our answer is 'no' on the...

HOUSTON -- It did not take long Tuesday for the Texas Department of Transportation to find out what the Houstonians at a public hearing thought about the proposed 600-mile Trans-Texas Corridor, KPRC Local 2 reported. "George Washington, Sam Houston would vomit on you people," one attendee said. Chris Zora, who opposes the plan, attended the hearing at the Arabia Shrine Center in Southwest Houston. "I'd like to see a show of hands here of anybody that approves of this corridor," Zora said. "Is there anyone in this room who approves of this corridor? Raise your hands if you approve of...

Trucks hauling everything from cars to produce use Southeast Texas roads to deliver their goods, and when a proposed Interstate 69/Trans Texas Corridor is completed, local drivers could see even more of them, local transportation officials said. The proposed I-69 corridor stretches from Michigan down to Texas. Once in Texas, the corridor goes about 650 miles from Texarkana to Brownsville and Laredo and includes separate lanes for cars and semis and areas for trains and utilities. It doesn't cut through Beaumont, but local arteries like U.S. 69 and Interstate 10 would connect to it. Travelers and truckers just need to...

A so-called “NAFTA Superhighway” earned support from the city’s mayor and discussion among residents Monday during a public hearing on the Texas Department of Transportation’s I-69 project. TxDOT held a public hearing at the Brownsville Events Center Monday to explain the progress of the Trans-Texas Corridor, a future segment of Highway I-69, which will link the U.S.-Mexico border to the U.S.-Canada border. After a short presentation, the floor was open for comments. Among the local politicians, college students and retirees at the hearing there was a wide range of opinion on the project. According to Mario Jorge, district engineer for...