Showing posts with label Cintra. Show all posts
Showing posts with label Cintra. Show all posts

Tuesday, June 24, 2014

No free rides

Texas Toll Roads going bankrupt. WHO really pays?  YOU know the answer.

From San Antonio to Dallas, these roads are failing. And YOU are picking up the tab.

In less than two years in operation, the southern 41-mile stretch which opened in October 2012 with much fanfare and boasting by Governor Rick Perry now faces bankruptcy.

On Interstate 635 in Dallas, Cintra uses congestion tolling (where the toll rate varies based on the level of congestion) and charges Texans 95 cents a mile to access its toll lanes during peak hours. Once the full project is open, it’ll cost more than $24 a day to get to/from work.

Indeed, on I-820, the taxpayers put more cash into the deal than Cintra. So there is simply no way any person confronted with the facts can call P3s free market in ANY way. They’re a form of corporate welfare that socializes the losses while the special interests walk away with all the profits.

Saturday, October 6, 2012

When will 820 be complete?

Better yet, what's it going to cost YOU?

Those lanes in the center of the picture above are what the new "managed lanes" will look like.  What is a "managed lane"?  Read it and weep...

Managed lanes are toll lanes in the middle of an existing freeway, unlike traditional turnpikes that are brand new roads where every lane is tolled. Congestion pricing is where the toll rate varies based on the level of traffic using the road. If the speed of traffic slows below 50 MPH, Cintra can hike the toll rates for the purpose of bumping cars out of the lanes in order to guarantee a speed of 50 MPH. So the price of the toll varies based on the time of day.

Since it costs so much to drive in those lanes, people can't afford it.  So what is the Spanish company that owns them doing?  Partnering with people like the NCTCOG to use taxpayer dollars and make commercials.  Not to worry, they say it's "educational". 

Where does Texas rank in schools again?

Pay attention, people. 

See the article on the Cintra commercials here.  And here's a good take on the Terri Hall meeting from last week

Notice the names of the players never change. 

TxDOT and the North Texas Council of Governments (NTCOG) and its Regional Transportation Council have been promoting the contest using taxpayer resources. Amanda Wilson, Communications Supervisor for the Transportation Division of the NTCOG said the contest is also “an educational effort, not just naming the lanes.”

Still don't believe it?  Check out the North Tarrant Express site.  Read between the lines.  You'll see it.