Just because you build it, doesn't mean they'll come. If you charge people to drive on a road their taxes already paid for, they'll find another way around.
Looks like the boycott worked.
Texas’ first foreign-owned toll road financed through a controversial public private partnership just got downgraded to junk bond status by Moody’s Investors Service. The Spain-based firm, Cintra (65% ownership), and San Antonio-based Zachry (35% ownership), known as SH 130 Concession Company opened the southern leg of State Highway 130 last November.
Concerned citizens with Texans Uniting for Reform and Freedom (TURF) immediately launched a boycott of SH 130. Since then, the anemically low traffic levels signaled trouble from the beginning and Moody’s downgraded the concession company’s rating in April warning of the risk of default. The downgrade this week warns of default unless the company can restructure its debt or attract a substantial increase in traffic.
Popular Posts
-
No, we don't mean the Tubing the Trinity/Floating with Feces. We mean the inadequate storm drainage that caused havoc all over Fort Wor...
-
So far cities have sued Chesapeake. The airport sued Chesapeake. School Districts have sued them. The Tarrant Regional Water District (of...
-
The new date, time and place has been set for the Blackland Tollway meeting. Maybe the public will get to speak at this one. The COG and tho...
-
Flaming water. You can now see it on national 'news'. Watch Lipsky on MSNBC .
-
Haltom City had a run off election on Saturday and Trae Fowler won, again. That is after having to fight all the rumors that some city emplo...
-
Well, they would have, if they weren't kicked out before getting an opportunity to speak. The meeting was shut down by the Fire Marshal...
-
They are jacking up your air and your water, now it's all gone to sh**. Literally. Read about the biosolids battle in Wise County on WF...
-
According to the preliminary maps for the Blackland Tollway /Northeast Gateway Corridor Project, this project will run very close if not thr...
-
Sounds like the two old cowboys are having a showdown over our stomping grounds. So those of you who love it for what it is , better hurry. ...
Recent Posts
Categories
- 5th Circuit Appeal
- Affordable Care Act
- Ann Sutherland
- Arlington
- Azle Earthquakes
- Bill Maher
- Blackland Tollway
- Boondoggle
- boondoogle
- Brazos
- Breitbart News
- Bud Kennedy
- Candidate Forum
- Central City
- Chesapeake Energy
- Chesapeake Energy Lawsuits
- Chesapeake Royalties
- Cintra
- Colorado Flood
- Dallas Boogey Man
- Denton County
- disposal well
- District 90
- Don Woodard
- Don Woodward
- Eagle Ridge Blowout
- Earthquake
- Earthquakes
- elections
- Eric Estrada
- Flip a District
- Fort Worth Gas Ordinance
- Fort Worth Star-Telegram
- Fort Worth Stockyards
- Fort Worth Water Rates
- Fort Worth Way
- Fracing
- Fracked Wells
- FWISD
- Gasland
- Gasland II
- God Save Texas
- Granger's Folly
- Haltom City
- Haltom City Council
- Haltom City EDC
- Haltom City election
- HBO
- Indictment
- jim oliver
- Joe Palazzolo
- John Wiley Price
- Jonathan Strickland
- Josh Fox
- Keystone XL pipeline
- Lake Granbury
- Laurence Meyers
- Lon Burnam
- mallard cove
- Mary Kelleher
- Matt Krause
- Mayor Chuck Cluck
- No Fracking Way
- No Toll Road
- North Central Texas Communities Alliance
- Panther Island
- Panther Island Boondoggle
- Possum Kingdom
- Prairie Fest 2014
- Prop 6
- Rick Perry
- Royalty Fraud
- Sinkholes
- Superintendent Walter Dansby
- Tarrant Regional Water District
- Tarrant Regional Water District Board
- Tex Wells
- Texans for Government Transparency
- Texas Commission on Environmental Quality
- Texas Earthquake
- Texas Earthquakes
- Texas Governor
- Texas Supreme Court
- Texas Toll Road Boycott
- The Historic Randol’s Mill Valley Alliance
- Toll Roads
- Trae Fowler
- Trinity River Vision
- Trinity River Vision Boondoggle
- TRV
- TRWD
- TRWD Ads
- TRWD board meeting
- TRWD lawsuit
- Tweet
- TXDot
- U.S. Army Corps of Engineers
- Veterans Day
- water restrictions
- water supply
- well blowout
- Wendy Davis
Unordered List
Pages
Blog Archive
-
▼
2013
(70)
-
▼
tháng 10
(20)
- "...too important to be influenced by an editorial...
- What's the difference?
- Are you scared?
- Lee Wrights Announces Bid For Governor In Grapevin...
- Voting on Propositions in Texas
- Tell the Texas Watercrat's - Hell No
- Texas Toll roads = Junk
- Just Say No.
- Well, well, well
- WHY is it....
- Arlington hasn't learned their lesson
- The water ain't blue...
- Even TURF calls out TRWD
- No ethics?
- FW Weekly and the Dallas Observer
- Texans - Second Highest debt in the nation...
- WHO is Jerry Jenkins?
- What's wrong with this picture?
- No child left behind...
- The politicians are coming...to Haltom City??
-
▼
tháng 10
(20)
Được tạo bởi Blogger.
0 nhận xét:
Đăng nhận xét