bankrupt

San Diego metro association hopes buy of 125/SBX tollroad will avert need for upgrade of I-805

Posted on Sun, 2011-12-04 23:54

SANDAG (San Diego Association of Government) is finalizing a deal to buy the bankrupt South Bay Expressway (CA125) with a strategy of lowering tolls to attract more traffic away from the crowded 805 freeway that runs parallel.

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Greenville Southern Connector SC last of not-for-profit pikes is broke

Posted on Thu, 2010-01-21 23:27

As they warned last fall the Greenville Southern Connector (GSC) tollroad defaulted on debt service due January 1. They are now in discussion with creditors as to who takes the losses, and how they reorganize the toll operation in Greenville SC - located on I-85 midway between Atlanta GA and Charlotte NC.

A statement released by the operator, Connector 2000 Association says: