MoPac loan deal gets tentative nod

News

POSTED: Tuesday, April 10, 2012 - 9:02pm

UPDATED: Tuesday, April 10, 2012 - 9:14pm

Local transportation officials made a preliminary decision Monday night to direct most of a $136.6 million windfall to the MoPac Boulevard express lane project.

But the Capital Area Metropolitan Planning Organization board, anxious to have money for future Interstate 35 projects, conditioned its support for a final June vote on exacting better terms for what amounts to a loan to the local toll agency building the project. The board's executive committee will negotiate final terms of an agreement with the Central Texas Regional Mobility Authority

For more head to http://www.statesman.com/news/local/mopac-loan-deal-gets-tentative-nod-2293272.html
 

Comments News Comments

Post new Comment