Toll revenue will finance bridge construction

| Print |  Email
Must Reads
Wednesday, January 08, 2014

Sponsors of the $2.8 billion Columbia River Crossing project say Oregon will generate enough toll revenue to finance the freeway project.

Oregon Department of Transportation officials say time is of the essence. The projected toll revenue is "sufficient to repay the debt service assuming construction starts in 2015," ODOT spokesman Patrick Cooney said. "If you delay construction, as we've already done for a year, things get more expensive."

Read more at OregonLive.com

 

Comments   

 
Guest
0 #1 UnbelievableGuest 2014-01-08 20:12:28
I can't believe they are trying to force the bridge into reality. I think the ODOT folks that came up with this are a bunch of loons! It's obvious that someone in Salem wants this a lot more than the folks do. and then to say the tolls are going to finance the bridge... Really? what's it going to cost? $50.00 each way?
Quote | Report to administrator
 
 
Guest
0 #2 PennyPunchGuest 2014-01-08 22:21:31
Once tools creep in for transportation fixes.. they will never disappear.. you'll see more and more and more of them throughout the State.. Crush this now or...we will see tolls as part of every highway likely within 15 years.
Quote | Report to administrator
 

More Articles

The Backstory: Portland Youth Builders

The Latest
Wednesday, June 03, 2015
blog002 1BY JASON E. KAPLAN | STAFF PHOTOGRAPHER

As part of our green workplaces story, Oregon Business checked out a community service project undertaken by Portland Youth Builders, a nonprofit alternative high school. In partnership with Whole Foods, PYB built garden boxes for a Home Forward  housing site. Home Forward is a government agency that provides housing for low income residents and people with disabilities.


Read more...

Marijuana law ushers in new business age

The Latest
Tuesday, June 23, 2015
062315panelthumbBY KIM MOORE | RESEARCH EDITOR

Oregon’s new marijuana law is expected to lead to a bevy of new business opportunities for the state. And not just for growers. Law firms, HR consultants, energy efficiency companies and many others are expected to benefit from the decriminalization of pot, according to panelists at an Oregon Business breakfast meeting on Tuesday.


Read more...

5 stats about Oregon fireworks

The Latest
Thursday, June 18, 2015
fireworksthumb001BY JACOB PALMER | DIGITAL NEWS EDITOR

Fireworks are a booming industry, even if the pyrotechnics have turned July 4th into a day fire marshals, and many residents, love to hate.


Read more...

The Private 150: From Strength to Strength

July/August 2015
Monday, July 13, 2015
BY KIM MOORE

Revenues in Oregon's private, for profit sector maintained solid growth as the economy continued to rebound.


Read more...

6 key things to know about summer baseball in Oregon

The Latest
Friday, June 05, 2015
basedthumbBY JACOB PALMER | DIGITAL NEWS EDITOR

As temperatures in Oregon creep into the 90s this weekend, Oregonians' thoughts are turning to — summer baseball.


Read more...

Flattery with Numbers

July/August 2015
Friday, July 10, 2015
BY JOE CORTRIGHT

The false promise of economic impact statements.


Read more...

Balancing Act

July/August 2015
Friday, July 10, 2015
BY DAN COOK

The Affordable Care Act has triggered a rush on health care plan redesign, a process fraught with hidden costs and consequences.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS