Originally posted by line-em-up
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As far as the tollways, though, I think the foreign entities invest, build, and lease the tollways...lose their asses in some cases, but the tollway ultimately belongs to Texas. It is a way for Texas to build for today by tomorrow....meaning despite this effort, we're still not growing at the right rate. We have overgrown our infrastructure. But if we keep up, urban sprawl.
The toll roads in Central Texas are governed through the Central Texas Regional Mobility Authority (CTRMA), which is stated to be the creating agency for transportation models to keep up with today's population growth. to promote future road construction which is to alleviate traffic issues within Travis and Williamson Counties[4] Texas is one of few states that has allowed private toll roads.
The idea that toll roads should be privatized, is an idea that stemmed from European models that are evident in Spain, Italy, and England. The European model is called a, BOT or build operate transfer; which is simply a public–private ownership of a roadway (toll road). The idea of a BOT is that a private company will fund, design and construct the planned toll roads and will operate them at the beginning of a project until their contract is fulfilled with a government, in which at the end of the contract the toll road will go under the ownership of...[such] government.[5] Despite the fact for which the CTRMA stands for or wishes to promote, there are many opposers to the expansion of toll roads within Central Texas.
The idea that toll roads should be privatized, is an idea that stemmed from European models that are evident in Spain, Italy, and England. The European model is called a, BOT or build operate transfer; which is simply a public–private ownership of a roadway (toll road). The idea of a BOT is that a private company will fund, design and construct the planned toll roads and will operate them at the beginning of a project until their contract is fulfilled with a government, in which at the end of the contract the toll road will go under the ownership of...[such] government.[5] Despite the fact for which the CTRMA stands for or wishes to promote, there are many opposers to the expansion of toll roads within Central Texas.
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