Governor Deal Decides To End Tolls On Ga. 400

July 19, 2012 12:00 AM
Governor Deal Decides To End Tolls On Ga. 400
" ATLANTA (AP/WXIA/WAOK) — Gov. Nathan Deal has announced the end of tolls on Georgia Highway 400 by the end of next year.

The governor  tied the announcement to the metro Atlanta area’s upcoming transportation tax referendum on the July 31 primary ballot, calling the move a “good faith effort” to restore public trust in government spending. Opponents of the tax have raised concerns about how such funds would be handled.

Deal also pointed to one of the larger items on the region’s infrastructure wish list, which would put $400 million into a project at Ga. 400 and I-285 if the ballot measure passes.

“As I have said many times before, I inherited a situation where we could not bring down the gates immediately, and we face a situation where we would have to pay a penalty for early repayment,” Deal said Thursday. “Moving forward, we’ll need to continue to work on long-term solutions to congestion in the 400 corridor, and I look forward to doing that in a transparent fashion that commuters can trust.”

The toll was originally scheduled to come down in 2011, but in December 2010, the state issued new $40 million bonds tied to the toll revenue. The bonds will mature in June 2017, but the state can repay them without penalty after three years. "

Click here to read the whole article

Google related News

Wednesday, July 11, 2012 by Sacramento Bee

Lt. Governor Cawley Decides Against Calling Special Election for Pennsylvania ...

"After consultations with Governor Corbett and Senate President Pro Tempore Joe Scarnati, I have decided against having a special election prior to the general election," Cawley said. "When considering all the .... Find 'n' Save Daily Deal Get the Deal!

Read more
Sunday, July 15, 2012 by Central Florida News 13

Florida Decides Poll: Gov. Rick Scott's low approval ratings

An exclusive Florida Decides statewide poll found the governor is still struggling with approval from Florida voters, with only 40 percent giving him a positive job approval rating. Fifty-one percent said they're not happy with Scott's performance as ...

Read more
Thursday, June 28, 2012 by Las Vegas Sun

Governor, lawmakers to decide Medicaid expansion for low-income Nevadans

"This shifts the fight to the governor and Nevada Legislature," said Jon Sasser, statewide advocacy coordinator for state legal services agencies. While upholding the mandate for ... "In my opinion, it's a great deal for the state," Sasser said. "There ...

Read more