Friday, May 19, 2006
Virginia, N.C. push for I-95 toll
The AP is reporting, via the Richmond Times-Dispatch, that North Carolina and Virginia are considering a toll on I-95 at the state border.
Virginia, N.C. push for I-95 toll
Associated Press
May 19, 2006
RALEIGH, N.C. - North Carolina and Virginia hope to go into the toll road business together.
A law passed by Virginia's General Assembly in April and legislation filed this week in Raleigh would set up a toll booth at the border on Interstate 95, charging each passing car $5.
The money raised through the Virginia-North Carolina Interstate Toll Road Compact would be split between the states and used for improvements to the highway.
"We proposed this to get the discussion started about the concept," Sen. Clark Jenkins, D-Edgecombe, said Thursday.
North Carolina's Transportation Department estimates I-95 through the state needs $4 billion in repairs. A broad gap between tax revenue and rising construction costs means state leaders must consider tolls and other fundraising sources, Jenkins said.
Virginia, N.C. push for I-95 toll
Associated Press
May 19, 2006
RALEIGH, N.C. - North Carolina and Virginia hope to go into the toll road business together.
A law passed by Virginia's General Assembly in April and legislation filed this week in Raleigh would set up a toll booth at the border on Interstate 95, charging each passing car $5.
The money raised through the Virginia-North Carolina Interstate Toll Road Compact would be split between the states and used for improvements to the highway.
"We proposed this to get the discussion started about the concept," Sen. Clark Jenkins, D-Edgecombe, said Thursday.
North Carolina's Transportation Department estimates I-95 through the state needs $4 billion in repairs. A broad gap between tax revenue and rising construction costs means state leaders must consider tolls and other fundraising sources, Jenkins said.
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