Jets Insider.com Forums - View Single Post - We cannot dig, build, or pave our way out of economic malaise

cr726 · 11-14-2011, 11:16 AM

[QUOTE]Before Gov. Mitch Daniels leased the Indiana Toll Road to private investors in 2006, professional trucker Randy Nace would occasionally use the tollway even though it carried a $14 toll. Several toll increases later, with truckers set to pay $35.20 starting Friday, July 1, residents like Nace are reminded of why they fought so hard against the privatization deal.

The 151 percent toll increase realized during the first five years of the Indiana Toll Road lease was part of a guarantee to the investors. After this year, investors will continue to increase tolls at or above the rate of inflation, likely around 3 percent.[/QUOTE]

[url]http://www.landlinemag.com/todays_news/Daily/2011/Jun11/062711/062711-01.shtml[/url]

11-14-2011, 11:16 AM	#2
cr726 Jets Insider VIP Join Date: Jan 2005 Posts: 13,526	[QUOTE]Before Gov. Mitch Daniels leased the Indiana Toll Road to private investors in 2006, professional trucker Randy Nace would occasionally use the tollway even though it carried a $14 toll. Several toll increases later, with truckers set to pay $35.20 starting Friday, July 1, residents like Nace are reminded of why they fought so hard against the privatization deal. The 151 percent toll increase realized during the first five years of the Indiana Toll Road lease was part of a guarantee to the investors. After this year, investors will continue to increase tolls at or above the rate of inflation, likely around 3 percent.[/QUOTE] [url]http://www.landlinemag.com/todays_news/Daily/2011/Jun11/062711/062711-01.shtml[/url]