NTTA

The President George Bush Turnpike eastern extension (PGBT-EX) main lanes opened today (Dec 21) connecting the PGBT in Garland at SH78 to I-30. The 9.9 mile 15km pike cost $958m and comprises part of an envisaged belt route around the Dallas metro area.

A 2x3 main lanes highway it has a one-mile long bridge over Dallas' Lake Hubbard. Groundbreaking took place in August 2008.

Moody's have revised their outlook for NTTA from negative to stable and reaffirmed an A2 rating on $296m of recent refunding bonds. Standard and Poor's have given NTTA revenue bonds an A- rating and second tier revenue bonds a BBB+. They too have described NTTA's financial situation as stable.

TOLLROADSnews 2011-11-07

The North Texas Tollway has sold $640.5m bonds to finance the Chisholm Trail Parkway.

Dallas toller NTTA is putting out what it calls a 'limited edition Dallas Cowboys TollTag'  - a TransCore ISO 18000 6B tag identical in form factor and function to all the regular TollTags out there but with the Cowboys 'iconic star' star printed on it.  On a silver background (see real size pic nearby.)

Gerry Carrigan is the new executive director at North Texas Tollway Authority in Dallas, the NTTA board making the appointment today, after accepting the resignation of his predecessor Allen Clemson.

A consultants' report on the North Texas Tollway Authority (NTTA) makes the amazing statement that the toller needs to realign its "racial composition." This is not Germany in 1935 or South Africa in 1955 but Texas USA in 2011, and the nasty and nutty report is apparently commissioned and paid for by the tollway authority in Dallas TX. The racial recommendations are quite prominent in a supposed "financial and performance review" of the toller.

Local reports are that Allen Clemson's position as executive director (ED) at North Texas Tollway Authority (NTTA) is shaky. If he is pushed out he would join a couple of other of short lived EDs - Jorge Figueredo (2007-2009), Allan Rutter (2005-2007).

NTTA has also had a high turnover of other senior staff including legal officers and public information officers.

North Texas Tollway Authority (NTTA) report they recently discovered evidence of several IT (information technology) staff being engaged in thievery of upwards of $300k via fraudulent refunds from toll authority monies.

North Texas Tollway and Collin County (northeast of Dallas) say they've agreed on the terms of a pact to define who builds which tollroads. Under a so-called Interlocal agreement the regional NTTA  will have first option to build the pikes, putting the County's own Toll Authority (CCTRA) formed in 2009 on the sidelines.

North Texas Tollway will be doing full road closures on two Sundays and partial closures the following Mondays and Tuesdays to expedite removal of the remnants of two mainline toll plazas on the Dallas North Tollway.