Bookmark Page  |  September 08, 2010
EFFORT TO LIMIT TOLL ROADS GAINS STEAM
Mar.8.2007

Texas' push toward private toll roads encountered more opposition Wednesday among state lawmakers. A bill to halt more private toll road deals for two years gained steam in the Texas House a day after a majority of senators expressed their support for the measure. In addition, a key state senator has asked for more information concerning the $2.8 billion State Highway 121 deal recently announced by state officials. Dozens of state representatives have signed on to the bill that would place a moratorium on any public-private contracts such as the one for Highway 121. The winning bidder, Cintra Concesiones de Infraestructuras de Transporte SA, agreed to pay $2.1 billion in upfront money and $700 million over the life of the 50-year contract for the rights to operate the Highway 121 toll road in Collin and Denton counties.

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