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

Leading with the right brain

News
Tuesday, December 09, 2014
120914-manderson-thumbBY LINDA BAKER

On the eve of the Portland Ad Federation's Rosey Awards, Matt Anderson, CEO of Struck, talks about the transition from creative director to CEO, the Portland talent pool and whether data is the new black in the creative services sector.


Read more...

Reimagining education to solve Oregon's student debt and underemployment problems

News
Thursday, November 13, 2014
carsonstudentdept-thumbBY RYAN CARSON | OP-ED CONTRIBUTOR

How do we skill up our future technology workforce in a smart way to take advantage of these high-paying jobs? The answer shouldn’t focus only on helping people get a bachelor’s degree.


Read more...

Dan and Louis Oyster Bar opens up to a changing neighborhood

The Latest
Thursday, December 11, 2014
121114-oystervidBy MEGHAN NOLT

VIDEO: Revamping a Classic — an iconic eatery stays relevant in a changing marketplace.


Read more...

Healthcare pullback

News
Thursday, November 20, 2014
112014-boehnercare-thumbBY JASON NORRIS | OB CONTRIBUTOR

Each month for Oregon Business, we assess factors that are shaping current capital market activity—and what they mean to investors. Here we take a look at two major developments regarding possible rollbacks of the Affordable Care Act (ACA).


Read more...

Streetfight

News
Sunday, December 07, 2014
BY LINDA BAKER

On Friday, Uber switched on an app — and with one push of the button torpedoed Portland’s famed public process.


Read more...

Legislative Preview: A Shifting Balance

January-Powerbook 2015
Thursday, December 11, 2014
BY APRIL STREETER

Democratic gains pave the way for a revival of environment and labor bills as revenue reform languishes.


Read more...

Powerbook Perspective

January-Powerbook 2015
Friday, December 12, 2014
BY LINDA BAKER

A conversation with Oregon state economist Josh Lehner.


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