Colorado Mulls Privately-Funded Toll Road
Developer Lindsay Case is pushing hard for the devlopment of a toll road, which Case plans to fund and operate through the arms of a private group of investors. However, the development requires city cooperation, mostly in the form of creating community support. But some Colorado Springs City Council members aren't even sure the road is necessary, let alone feasible.
"Colorado Springs motorists could take a turn onto a 33-mile road that would run along the city's eastern side. For 25 cents a mile, they would coast by downtown and Interstate 25 traffic, proponents say."
"Most of the route actually will link pre-existing roads and roads already scheduled to be built by the city or developers. The Toll Road Partnership contends that it can build the roads faster and more efficiently with private funding. Under its plan, some pieces could open as soon as 2010. Otherwise, they could take decades to complete â€" something the city acknowledges as well."