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Topic: Indiana Toll Road


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In the News (Sun 3 Jun 12)

  
  Indiana Toll Road - Wikipedia, the free encyclopedia
Interstate 80 joins the toll road at the Lake Station exit, number 21, and continues east to the toll road's eastern terminus at the Ohio state line.
Between the Westpoint barrier toll, near the Illinois state line, and the Portage barrier at mile post 23, tolls are collected by fixed-amount tolls at exit and entrance ramps.
The Indiana Department of Transportation operated the toll road between 1981 and 2006.
en.wikipedia.org /wiki/Indiana_Toll_Road   (903 words)

  
 Project Future: Transportation - Indiana Toll Road
The Indiana Toll Road (I-80 and I-90), a four-lane super highway, extends 157 miles across northern Indiana, parallel to the Indiana/Michigan border.
The Indiana Department of Transportation (INDOT) Toll Road District’s 500 employees ensure that the toll road remains one of the safest and best maintained interstate highway facility in the nation.
Joseph County, Indiana has utilized the Indiana Toll Road Interchanges to benefit the growth of its residential, retail and industrial sectors, as demonstrated by the increase in exiting traffic (detailed below) at both of its “newer” interchanges, namely Exits 72 and 83.
www.projectfuture.org /transportation/tollroad.htm   (182 words)

  
 Indiana Toll Road might be privatized | The San Diego Union-Tribune
INDIANAPOLIS –; Sweeping past Indiana's steel mills and corn and soybean fields, the 157-mile Indiana Toll Road is often called the “Main Street of the Midwest”; for its strategic role in linking the East Coast to Chicago and points west.
Indiana officials hope to sign a lease this spring with a Spanish-Australian partnership that would operate the toll road for a profit for the next 75 years.
Tolls are already set to go up this year under an unrelated plan, jumping from $4.65 to $8 for cars that travel the full length of the road, and more than doubling to $32 for big trucks by 2009.
www.signonsandiego.com /uniontrib/20060202/news_1n2tollroad.html   (530 words)

  
 Indiana Toll Road for Sale - South Bend Tribune Forums   (Site not responding. Last check: 2007-10-29)
Indiana Gov. Mitch Daniels has proposed raising the tolls and entering a long-term lease with a private company to operate the Indiana Toll Road.
By doing this, we retain control of the toll road, the workers are protected, and we, the Citizens of Indiana, reap the benefits of having the toll road, not some out of state, or out of country group.
To the person who thinks we are being selfish: The residents of Northern Indiana are the ones who have been paying tolls for years to go from one city to the next, so of course we feel we have the highest stake in the toll road.
forums.sbtinfo.com /forums/index.php?showtopic=317   (3175 words)

  
 Indiana Toll Road
With cash in hand, the administration plans to upgrade the state’s roads and bridges in a project called “Major Moves.” In exchange for the payout, Macquarie-Cintra (the company that also operates the Chicago Skyway) will collect Toll Road revenues for 75 years.
Indiana is a red state but discomfort with the Toll Road lease – like opposition to the Dubai ports deal – crosses party lines.
Indiana is ranked 33rd in the country in personal income and 46th in the educational level of its work force.
www.theweekbehind.com /articles/mitch.html   (1338 words)

  
 Indiana Toll Road Photos   (Site not responding. Last check: 2007-10-29)
The Toll Road used to be run by the Indiana Toll Road Commission, but was absorbed into the Indiana Department of Transportation in 1981.
The Toll Road at Elkhart County Road 17 (Michiana Parkway)
CR 17 is used as a connection between the Toll Road at its Exit 96, which opened in 1997, and the eastern of the St. Joseph Valley Parkway freeway southeast of Elkhart.
www.roadfan.com /intrph.html   (1856 words)

  
 Masson’s Blog - A Citizen’s Guide to Indiana » Toll Road Musings
If that happens, I believe that the tolls ought to be used to retire the bonds used to build the road and then eliminated or at least reduced to the bare minimum necessary to maintain the road.
Tolls, if they make sense at all, should be used in heavily urban areas to control congestion and to remedy the transfer of wealth from rural to urban areas that occurs where fuel taxes are the only funding system.
The users of the toll road are being double taxed since they are not relieved from fuel taxes for their use of the Road, and fuel taxes have never been used for Toll Road maintenance.
www.masson.us /blog/?p=1153   (915 words)

  
 SignsOfChaos: Privatizing the Indiana Toll Road
It looks like Indiana has reached an agreement to lease the Indiana Toll Road to a consortium of Cintra and the Macquarie, two firms with a history of such investments (they were the winners, as I recall, in the lease of the Chicago Skyway toll road).
Indiana has developed plans to spend about $770 million on improvements (not routine maintenance) on the Toll Road over the next decade; it is not clear whether those improvements will be paid for by Cintra-Macquarie under the terms of the lease, or whether the State of Indiana will make them, and pay for them.
That current lease, which mysteriously disappeared off of the website when the scrutiny ramped up showed that the toll road was in better financial shape than reported and, in fact, would generate enough revenue through simply raising tolls to pay for itself and some of the smaller projects Gov. Daniels' reports.
signsofchaos.blogspot.com /2006/01/privatizing-indiana-toll-road.html   (640 words)

  
 Indiana Toll Road on Verge of Going Private
Privatization of toll roads is emerging as a trend, with Indiana the most recent in a string of state, county and local governments to contemplate selling or leasing public highways.
The Indiana State Legislature is in the final stages of considering a 75-year lease of the Indiana Toll Road to a private consortium for $3.9 billion.
In other areas of the country, officials are considering similar deals for the Harris County Toll Road, the Dulles Toll Road in Northern Virginia, and portions of the New Jersey Turnpike.
www.muninetguide.com /articles/Indiana-Toll-Road-on-Verge-of-Go-109.php   (346 words)

  
 The foolish plan to sell American toll roads to foreign companies
Mitch Daniels, Indiana's House narrowly approved his proposal to lease the 157-mile Indiana Toll Road, which spans the northern part of the state, for $3.85 billion to a joint venture of Cintra, a Spanish company, and Australia's Macquarie Bank.
Last year, Macquarie completed its acquisition of the Dulles Greenway outside Washington, D.C. And Cintra, which manages toll roads in Europe and the Americas, is a strategic partner to the Texas state government in the planned Trans-Texas Corridor.
According to Cintra, the Indiana Toll Road generated $96 million in revenues in 2005, and Cintra expects a 12.5 percent internal rate of return on its investment.
www.infowars.com /articles/bb/foolish_plan_sell_american_toll_roads.htm   (1062 words)

  
 States considering privatizing highways can study Indiana toll road experience - USATODAY.com   (Site not responding. Last check: 2007-10-29)
INDIANAPOLIS —; Indiana's experience with privatizing its East-West Toll Road shows that states considering the same move might expect quick financial benefits along with higher tolls and other policies that could rankle some drivers.
Since the hand-over, the private operator, the Indiana Toll Road Concession, has readied the installation of pay-without-stopping tolling technology and announced a $250 million expansion of the road's western end.
Indiana House Minority Leader B. Patrick Bauer of South Bend, Ind., a Democrat who is critical of the deal, said the early setbacks foreshadow what's to come.
www.usatoday.com /news/nation/2006-10-16-indiana-roads_x.htm?csp=34   (624 words)

  
 Indiana Toll Road a factor in ousting several House Republicans   (Site not responding. Last check: 2007-10-29)
The lease of the Indiana Toll Road proved to be a motivator for Indiana voters, according to political analysts following Tuesday’s election.
OOIDA issued a “Call to Action” for thousands of its members who live in Indiana not only to vote, but to vote out the incumbents who approved the lease of the toll road, and to back candidates opposed to the privatization of infrastructure.
Bauer told the Indianapolis Star that Hoosiers were skeptical of the lease of the Indiana Toll Road to a private investor for $3.85 billion in cash.
www.expeditersonline.com /artman/publish/printer_5070.html   (365 words)

  
 Indiana: Toll Road Deal Gives Locals a Discount
Indiana's state House approves a toll road package after ensuring non-locals will pay a double-toll for the next ten years.
The measure passed by a party-line 52-47 vote after Republican leaders agreed to freeze the toll rate for residents in the seven counties through which the 157 miles of road pass.
Legislators swept aside attempts to remove the "non-compete" clause that forbids improvements on public roads near the toll road.
www.thenewspaper.com /news/09/934.asp   (307 words)

  
 Indiana truck tolls more than double by 2009
The Indiana Motor Truck Association (IMTA) along with other local trucking interests responded to the original “Major Moves” proposal with concerns that carriers will have difficulty adjusting contracts to ensure using the toll road remains a viable option.
The first tolls hikes are expected to be effective between late April and early May, according to the Governor’s office.
The phase-in toll scheme is subject to Indiana DOT approval.
fleetowner.com /news/topstory/indiana_truck_toll_road_010906   (336 words)

  
 The Indiana Law Blog: Indiana Government - Toll Road for sale?
Daniels' idea to sell Toll Road fires debate" is the headline to this story today in the South Bend Tribune.
But it's unclear whether lawmakers in northern Indiana will support the controversial idea, because some extra toll revenue is used to finance important projects in their districts.
Daniels' plan to sell the Toll Road -- also known as Interstate 80/90 -- comes only months after the city of Chicago signed a 99-year lease giving control of the Chicago Skyway to an Australian and Spanish consortium.
indianalawblog.com /archives/2005/01/indiana_governm_54.html   (397 words)

  
 Indiana Toll Road Transfer Set For Thursday - Newsroom - Inside INdiana Business with Gerry Dick
A spokesman for the new toll road operator, Matthew Pierce, says the new operator plans to increase the toll road workforce, not cut it.
The Indiana Finance Authority (IFA) will complete transactions necessary to close the lease agreement and transfer operations of the Indiana Toll Road to ITR Concession Company (ITRCC), the company that will manage the Indiana Toll Road, on Thursday, June 29.
The Indiana Finance Authority will receive a series of telephone calls from JP Morgan Chase’s Indiana office and Charter One’s Indiana office to confirm receipt of $3.8 billion from CINTRA and Macquarie, the consortia which has been awarded the lease (CINTRA and Macquarie formed ITRCC to operate the Indiana Toll Road).
www.insideindianabusiness.com /newsitem.asp?ID=18572   (435 words)

  
 Masson’s Blog - A Citizen’s Guide to Indiana » Toll Road
In the case of a toll road, this is especially problematic because fees from users are supporting it; in the case of government, its problems can turn into a high risk tax drain on taxpayers who may not exactly benefit in any direct way from its existence.
All at a cost that may be initially borne by toll road users, but could end up being borne upon taxpayers in Indianapolis and the rest of Indiana, for which the road is a tangential consideration.
As is, the only reason why the toll road has eaked out money in the past few years is due to delays in capital outlays, which would have required either additional bond issues or an assist from taxpayers.
www.masson.us /blog/?p=1123   (2111 words)

  
 Toll Road
I can see their point because as I understand it, the original plan for the road said that once the bonds were paid, it would convert into a “free” road operated under the same INDOT funds as other roads.
Now several Northern Indiana counties have a revenue-generating toll road that state officials want to use to fund other state road projects.
The excess revenue that the Indiana Toll Road is generating could better be used to reduce Indiana's budget problems or should be applied toward underfunded pension obligations with which will need to be dealt.
www.lplp.org /html/toll_road.html   (1595 words)

  
 Indiana East-West Toll Road
The Indiana East-West Toll Road was authorized in 1951 by the Indiana State Legislature to be constructed by the Indiana Toll Road Commission.
This publication was put out by the Toll Road Division in 1991, and it details the history of the road better than I could.
I suspect that the Toll Road was renumbered sometime between 1964 and 1977 as the Burns Harbor Interchange is Exit 4 on a 1978 Illinois map (thanks Marc Fannin).
home.comcast.net /~bmgorte/freeway/tollrd.html   (385 words)

  
 Southern Indiana Toll Road - Wikipedia, the free encyclopedia
The Southern Indiana Toll Road is a proposed toll expressway through southern Indiana expected to be included as part of the 142-mile (289 km) Interstate 69 extension from Indianapolis to Evansville.
Under legislation enacted by the Indiana Legislature in March 2006, the Southern Indiana Toll Road will run 117 miles (188 km) from Interstate 64 at the interchange with Interstate 164 north of Evansville to Martinsville.
The Southern Indiana Toll Road will likely be constructed as a closed system, similar to the eastern portion of the Indiana East-West Toll Road, the Ohio and New Jersey Turnpikes, many of the Expressways of Japan, and part of the North Luzon Expressway in the Philippines.
en.wikipedia.org /wiki/Southern_Indiana_Toll_Road   (1530 words)

  
 Signatures Stop Mitch Daniels from selling the Indiana Toll Road Petition : [ powered by iPetitions.com ]
The Indiana toll road should be an asset to Indiana, not an investment for private speculators.
This proposal is only going to tax the Indiana residents who have to daily use the toll road to get to and from work especially for those working in Southern Indiana and communte to Indianapolis.
If the rest of Indiana is going to profit from the sale of the 80/90 toll road, then I find it only fair for Northern Indiana to profit from other state "assets" such as the Colts, the Pacers and major universities like Purdue and IU.
www.ipetitions.com /petition/indianatollroad/signatures-58.html   (893 words)

  
 Reason Foundation Commentary: Bottom-Line on Indiana Toll Road Deal
The Toll Road faced a significant maintenance and capital backlog resulting from a lack of investment.
Assuming the Toll Road did turn a profit, its return on investment would have been less than 1 percent, while debt obligations were paid at much higher percentages.
In it, toll rates and possible increases are established as well as limits on the return on investment for the concessionaire.
www.reason.org /commentaries/segal_20060710.shtml   (911 words)

  
 Indiana governor praises toll road lease
The first-term Republican governor said the long-term lease of a state-owned highway would finance at least $3 billion in road repair and infrastructure improvements over the next decade without raising the state gasoline tax or any tax.
"Indiana's Major Moves is one example of the spreading trend of innovative alternatives to address the nation's growing infrastructure problems," Daniels said in remarks prepared for delivery Wednesday to a subcommittee of the House Transportation and Infrastructure Committee in Washington.
He said the 274-mile northern Indiana toll system operated at a loss for five of the past seven years and had been inadequately maintained.
www.softcom.net /webnews/wed/bh/Uus-tollroad.RXwV_GyO.html   (195 words)

  
 Northwest Indiana Road Photos   (Site not responding. Last check: 2007-10-29)
This is a page for the photographs from Northern Indiana which didn't match the subject matter on Michiana Road Photos.
The Borman Expressway is one of Indiana's first urban freeways, having been built at the end of the 1950's.
This interchange, where US 41 comes in from the south and joins the Borman to the west, leaving Indianapolis Boulevard to the north as Indiana 152 (whose number is derived from retired US 152 which used to run here), is one of the ones already upgraded from its original form (before / after).
www.roadfan.com /ninney.html   (752 words)

  
 The Wabash Plain Dealer Online
Privately operated toll roads are slowly catching on in the U.S. after decades of popularity in Europe and, more recently, South America, Australia and other nations.
Some lawmakers who voted for the toll lease acknowledge that many of their constituents are still upset over the lease.
Senate Appropriations Chairman Robert Meeks, R-LaGrange, lives in one of the seven toll road counties and said some of his constituents were still opposed to it.
www.wabashplaindealer.com /articles/2006/06/30/state_news/state1.txt   (725 words)

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