Dallas Morning News: Texas Transportation Commission looking for new way to get privately financed toll roads built
The Dallas Morning News reports on efforts by the Texas Transportation Commission to build a new privately financed toll road in the Dallas area within the more restrictive rules set in the last session by the state Legislature.
The commission told its staff to submit plans by January for how to fast-track a roughly $4 billion expansion of Interstate 35E between Dallas and Denton. Officials say the project is a prime candidate for a new kind of financing that they concede looks a lot like the private toll deals ruled out by the Legislature.
“We’ve got to use all of these innovative ways of building highways or we won’t be building,” said commission member Ted Houghton of El Paso in an interview Friday. “It’s a fact of life. If you want us to build roads, then we are going to move forward using these kinds of tools.”
The tool in question is called pass-through toll financing, and is different, though not very, from the private toll deals lawmakers have put on ice.


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