Tag Archives: San Diego South Bay Expressway
Texas downgrades foreign-owned toll road to junk bond status
Hate to say it, but we told you so.
Posted in Sovereignty, Taxation, Transportation
Tagged Moody's Investors Service, NAFTA, P3s, Panama Canal expansion, pay-as-you-go, PPPs, public-private partnerships, San Antonio-based Zachry, San Diego South Bay Expressway, SH 130, Spain-based Cintra, Texans Uniting for Reform and Freedom, Texas Department of Transportation, Texas legislature, Texas toll roads, TIFIA loans, Trans-Texas Corridor, TTC, TTC-35, TURF, TxDOT
Tolling Texans by ‘rule change’: TxDOT’s end run around the legislature
Question: How do you know when a public agency is out of control? Answer: It tries to bypass the legitimate branch of government, in this case the Texas legislature, to make an administrative ‘rule change’ instead.
Posted in Sovereignty, Transportation
Tagged availability payment model, CDA, Cintra, Comprehensive Development Agreement, I-10, Moody, P3, Pocahontas Parkway, privatized toll roads, public-private partnerships, San Diego South Bay Expressway, SH 130, Texas Transportation Commission, tolling, Transurban, TxDOT
