Overpriced Toll Roads Going Bankrupt?

KXAN.com

“The bankruptcy filing by Cintra should have no effect on travelers who use SH 130, the taxpayers or the State of Texas. Cintra assumed the risk to finance, build and operate the section of SH 130 south of US 183 to I-10,” wrote Texas Senator Kirk Watson, D-Austin, in a statement to KXAN News. “Traffic and revenue on that part of the road hasn’t reached projected levels and Cintra has taken the hit, not taxpayers. Use of that section will continue to grow and be there as drivers have more need of it.”

The most overpriced stretch of road in the country is the segment from Austin North to Georgetown. I use that stretch of road because it is faster, not because the price is reasonable. If Cintra can’t stay in business with those prices, then the state should come up with a way to do it themselves.

Also, the specific section of road in question, to Seguin South of Austin, isn’t tolled at all. Not tolled and three lanes of clear asphalt both directions to and from I-10. Best drive to be had in Texas these days, so get your driving gear on and have a great day tooling through remote sections of Texas as if they need six-lane highways there. Do it before maintenance failure destroys the smooth surface and requires you to reduce your speed below 85 miles an hour in order to reduce wear and tear on your suspension.

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Author: RAnthony

I'm a freethinking, unapologetic liberal. I'm a former CAD guru with an architectural fetish. I'm a happily married father. I'm also a disabled Meniere's sufferer.

Attacks on arguments offered are appreciated and awaited. Attacks on the author will be deleted.