Transportation

Debt issues tied to SH 130 could impact toll projects

Oct 23, 2013
Bob Daemmrich / The Texas Tribune

A year ago this week, a toll road opened in Central Texas that represented two milestones for the state. While its posted 85 mph speed limit — the highest in the country — drew international headlines, many state and local leaders were more interested in the road’s unique financing: A private consortium designed and built the road and agreed to operate and maintain it for 50 years in exchange for a cut of the toll revenue. 

Cindy Roller / KETR/Cooper Review

COOPER - The Sulphur River Regional Mobility Authority has secured the funding to complete right-of-way and widening of the final stretch of State Highway 24.