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* USA - Indiana subsidizing four-wheelers as tolls increase
Ind,USA -Land Line Magazine -Febr 12, 2007: -- As part of a plan to subsidize in-state users of the Indiana Toll Road, the state of Indiana is paying $60 million to the private company that leased the road last year... The state set aside the $60 million fund from the $3.85 billion it received in June 2006 when a Cintra-Macquarie partnership known as ITR Concession Co. assumed operational control of the 157-mile toll road... The original goal of the fund, was to provide a 40-percent discount to Indiana residents for 10 years during a planned schedule of toll increases from $4.65 per car to $8...
Labels: privatization toll roads
posted by Unknown @ 5:33 PM
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