John Ley & Lars Larson talk about paying three times the amount borrowed for the TNB Borrowing $684 million from Wall Street and the payoff could end up being $2 billion. “We could have purchased 3 bridges for what we’re paying for the Tacoma Narrows Bridge.” This is because the state chose to borrow the...
Tolls could be three times the amount originally borrowed Thursday, May 2, 2024 — Clark County Today John Ley for Clark County Today Paying off a transportation credit card with tolling is expensive. Washington state’s experience with the Tacoma Narrows Bridge (TNB) is on track to spend nearly three times the amount originally borrowed. Tolling...
The bridge is expected to be paid off by 2033. By Lionel Donovan (KING5 News) Published: March 11, 2024 TACOMA, Wash. — A pandemic and a fire almost proved too much for Gig Harbor Strength and Fitness, but the gym managed to survive. “We had to rebuild literally from the ashes, so to speak,” says...
Challenges larger than the benefits governor claims By John Ley for Clark County Today In a major victory for Oregon residents, especially citizens of Clackamas County along the southern I-205 corridor, Governor Tina Kotek canceled one component of tolling for I-5 and I-205 in the state. More specifically, she ended ODOT’s efforts in the Regional...
Bridge tolls would begin in April 2026 during construction and run for 35 to 40 years Monday, February 26, 2024 By John Ley for Clark County Today Six years ago, the Oregon Department of Transportation (ODOT) created a “Value Pricing” Policy Advisory Committee (PAC) to discuss tolling issues and allow for public input. That process...
Higher maximum tolls are meant to deter some drivers from using toll lanes By Mike Lindblom Seattle Times staff reporter BOTHELL — Along with three rows of “$10.00” in lights, Interstate 405 drivers on a crowded morning can see what looks like moss growing on the white signs above. Those green edges underscore how the maximum...
50 percent increase in max I-405 tolls begin March 1st Feb. 13, 2024 By Mike Lindblom Seattle Times staff reporter BOTHELL — Along with three rows of “$10.00” in lights, Interstate 405 drivers on a crowded morning can see what looks like moss growing on the white signs above. Those green edges underscore how the maximum...
State needs $1.1 billion annually for road maintenance in spite of record revenues By John Ley for Clark County Today Wednesday, October 18, 2023 “Washington’s transportation system is on a glidepath to failure” the Washington State Transportation Commission (WSTC) members were told at the beginning of their monthly meeting in Olympia. The cry for more tax...
Changes would apply in 2025 if approved By Mike Lindblom, The Seattle Times Published: October 13, 2023 SEATTLE — Washington state transportation officials are proposing to collect tolls from solo drivers on weekends, extend the hours when two-person carpools are tolled, and boost the current $10 maximum rate to $15 or even $18 for peak trips on...
Multiple tolling projects may begin at same time Monday, July 24, 2023 — The Reflector Rick Bannan / rick@thereflector.com One of the largest sources of funding to replace the aging Interstate 5 bridge over the Columbia River will tax travelers a few bucks as they cross the water. During its meeting July 18, the Washington...
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