NC’s toll road project gets bump from state money
Thursday, July 24th, 2008
By Staff
By WHITNEY WOODWARD Associated Press Writer
Soaring construction costs have boosted the anticipated cost of North Carolina's first toll roads, officials said, making it imperative for lawmakers this year to commit millions in taxpayer money over the next 40 years to cover the projects.
With the money included in the recently approved state budget and another measure detailing toll collection methods awaiting Gov. Mike Easley's signature, North Carolina Turnpike Authority officials say the state's first pay-as-you-drive highway is on track to open in 2010.
The General Assembly created the authority in 2002 to oversee the creation of new roadways in congested areas. Supporters said motorists would stomach the tolls in return for new byways that couldn't be built without the revenue. (more…)
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