TITLE

Bay Area Bridge Toll Hike to Go Before California Assembly Panel

AUTHOR(S)
Williams, Rochelle
PUB. DATE
June 2003
SOURCE
Bond Buyer;6/26/2003, Vol. 344 Issue 31665, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
A bill that proposes a $1 toll increase for San Francisco Bay Area, California bridges, intended to generate more than $4 billion of revenue for regional transportation projects, is headed for the state Assembly Transportation Committee July 7, 2003. The plan could lead to more municipal debt. If approved by the Assembly, SB 916 could go before voters in seven counties with bridge landings as early as March 2004, and would fund 35 projects. Among the projects that would benefit from the proceeds would be the seismic retrofitting of the Transbay Tunnel and a Bay Area Rapid Transit connector to Oakland International Airport. Many polls about bridge toll increases have been conducted throughout the years, according to Randy Rentschler, spokesman for the Metropolitan Transportation Commission, the regional agency charged with overseeing transportation throughout the area.
ACCESSION #
10152860

 

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