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North Texas Tollway Agency Signs Off on $1.6B Project

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white cloud Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-20-10 07:34 AM
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North Texas Tollway Agency Signs Off on $1.6B Project
DALLAS — Amid big changes in leadership and policies, the North Texas Tollway Authority has agreed to build what could be its last major project for several years.

The $1.6 billion Southwest Parkway that the NTTA board approved Thursday will be the authority's first tollway in Tarrant County, connecting downtown Fort Worth to its southern suburbs in Johnson County.

The NTTA has already approved the sale of $400 million of bonds for Southwest Parkway and another project already under construction — Texas 161 in western Dallas County. Bonds issued for the joint projects will not be backed by the rest of the NTTA system, the first time the agency has made such an arrangement.
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http://www.bondbuyer.com/issues/119_409/north-texas-tollway-agency-1016255-1.html


Buddy plan?
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