turnpike authority

Texas DOT will run their violations amnesty Aug 31 thru Nov 30 under which 90% of accumulated violation penalties will be forgiven in return for paying tolls in full and 10% of penalties. Amnesty seekers will also be required to open a TxTag transponder account and to keep it in good standing for 12 months.

After the amnesty period TxDOT say they will begin court filings to collect outstanding tolls.

North Carolina Turnpike Authority (NCTA) has a new financing strategy to move the Triangle Expressway project that has been stalled the past seven months by the financial meltdown - doing revenue bonds and gap-bond sales separately. Chief executive of the Turnpike David Joyner told us today: "We've got a new plan of finance that we're hopeful will get us out of the impasse. It's a bifurcation of the revenue into two streams to service two separate sets of bonds."

They may be retiring the quaker hat in Boston MA. Governor Deval Patrick has proposed abolition of the Massachusetts Turnpike Authority as part of a comprehensive transport "reform" package that would raise the state gasoline tax by 19c, demand major concessions from labor unions, allow public-private partnerships and reorganize state transport agencies.