Texas DOT pushing for amendment allowing grants to toll road agency

Sanders, Lisa
January 1999
Bond Buyer;01/22/99, Vol. 327 Issue 30563, p4
Trade Publication
Reports on the proposal of a constitutional amendment that would help the Texas Turnpike Authority (TTA) fund more bond-financed toll roads. Plan to allow the Department of Transportation to make grants to the TTA rather than loans, in order to free up fund for proposed TTA projects; Limitation of the TTA's ability to draw money from the state highway fund.


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