New York's new Governor, David Paterson, added his support to the idea of charging drivers to enter the busiest sections of Manhattan. The city's congestion pricing project is one of the largest toll system projects in the US.
The move by Governor David Paterson "rescued the controversial program from the brink of death by submitting a bill to the State Legislature to establish it. The turnaround came after an impassioned pitch to the governor from Mayor Michael R. Bloomberg behind closed doors at City Hall on Wednesday, when Mr. Paterson privately expressed support for the proposal, city officials said. He warned the mayor that he first had to tell Assembly Speaker Sheldon Silver, who has shown little inclination to approve it, the officials said."
The congestion pricing fee is expected to be $8, and includes a surcharge on taxis.
Highlights of the bill include the following provisions recommended by the Commission:
"We expect that revenue from the Congestion Pricing plan will support more than $4.5 billion in needed capital improvements for mass transit and meaningfully reduce traffic into the Central Business District of Manhattan," said Governor Paterson.
Thanks to Toll Roads News