Debt Issues Tied to SH 130 Could Impact Toll Projects

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.

“This stretch of road holds a special place in our history,” Gov. Rick Perry said at the ribbon-cutting for the 41-mile southern portion of State ...

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