Thursday, September 27, 2012

Toll Road Deal Ensures 73 Years of Gridlock

From The Newspaper...

The state of Virginia executed a contract with an Australian company on July 31 designed to discourage ride sharing and ensure congestion on major commuter routes until after the year 2085. A cleverly worded "non-compete" provision buried in a massive contract document puts taxpayers on the hook for paying monetary damages to toll road operator Transurban if the state decides within the next 73 years to expand the free lanes on Interstate 95, improve the highly congested Route One corridor or make driving easier on the Occoquan Bridge. 

Read the complete article from TheNewspaper.com.

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