Tollway board members question whether they can compete with millions of dollars in concession fees.
Tollway authority uncertain about project bid
May. 10, 2006
By GORDON DICKSON
Fort Worth Star-Telegram
Copyright 2006
The North Texas Tollway Authority hasn't decided whether to join the bidding for a toll road to relieve traffic on Texas 360 in Arlington, officials said after a special meeting Wednesday at the agency's Plano headquarters.
Three groups of private companies are competing to build the southwestern extension of Texas 161, from Airport Freeway in Irving to Interstate 20 in Grand Prairie. The road would be parallel to Texas 360, about two miles to the east.
The Plano-based tollway authority would like to merge Texas 161 with the President George Bush Turnpike, but tollway board members question whether they can compete with companies that may offer the state highway department millions of dollars in concession fees to win the Texas 161 project.
Also undecided is whether the tollway authority should compete with private companies to build Texas 121 in Collin County. A decision could come at the next board meeting next Wednesday.
© 2006 Fort Worth Star-Telegram: www.dfw.com
May. 10, 2006
By GORDON DICKSON
Fort Worth Star-Telegram
Copyright 2006
The North Texas Tollway Authority hasn't decided whether to join the bidding for a toll road to relieve traffic on Texas 360 in Arlington, officials said after a special meeting Wednesday at the agency's Plano headquarters.
Three groups of private companies are competing to build the southwestern extension of Texas 161, from Airport Freeway in Irving to Interstate 20 in Grand Prairie. The road would be parallel to Texas 360, about two miles to the east.
The Plano-based tollway authority would like to merge Texas 161 with the President George Bush Turnpike, but tollway board members question whether they can compete with companies that may offer the state highway department millions of dollars in concession fees to win the Texas 161 project.
Also undecided is whether the tollway authority should compete with private companies to build Texas 121 in Collin County. A decision could come at the next board meeting next Wednesday.
© 2006 Fort Worth Star-Telegram:
posted by Porkus Maximus Tex: at Wednesday, May 10, 2006
<< Home