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

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...

Which Way to Chinatown?

February 2015
Monday, January 26, 2015
BY AMY MILSHTEIN | PHOTOS BY JASON E. KAPLAN

The Jade International District, already Portland's center of Asian life, is poised for rejuvenation. Where does that leave the westside's historic Chinatown?


Read more...

Transportation Fairness Alliance holds demonstration in Pioneer Square

The Latest
Wednesday, January 14, 2015
IMG 3367BY JACOB PALMER | OB DIGITAL NEWS EDITOR

Portland's cab companies urged city hall for consideration as officials weigh new rules for Uber and other ridesharing companies.


Read more...

The short list: Holiday habits of six Oregon CEOs

The Latest
Thursday, December 11, 2014
121214-xmaslist1BY JACOB PALMER | OB DIGITAL NEWS EDITOR

We ask business and nonprofit leaders how they survive the season.


Read more...

Editor's Letter: Power Play

January-Powerbook 2015
Thursday, December 11, 2014

There’s a fascinating article in the December issue of the Harvard Business Review about a profound power shift taking place in business and society. It’s a long read, but the gist revolves around the tension between “old power” and “new power” as a driver of transformation.


Read more...

Old school: Paulsen's Pharmacy maintains old fashion ethos

The Latest
Thursday, December 18, 2014
121914-pharmacy-thumbBY MEGHAN NOLT

VIDEO: Under the radar — complete with a soda counter, the traditional Paulsen's Pharmacy looks to compete with big box retailers.


Read more...

Political theater

News
Wednesday, January 07, 2015
0107-orbizplansum14-thumbBY LINDA BAKER | OB EDITOR

The Oregon Business Plan Leadership Summit drew more than 1,000 people to the Oregon Convention Center yesterday.


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