March 10, 2012

SandBoxBlogs: Summit County Citizens Voice "Colorado: Private investment sought for I-70"

Bob Berwyn:
"SUMMIT COUNTY — A semi-secret and unsolicited proposal for I-70 improvements from a private company is garnering more attention these days, as state, local and federal officials come to grips with the fact that there just isn’t going to be much public money available for critical infrastructure investment.

At a meeting Friday (March 9) in Summit County, a collaborative I-70 planning group heard a few more details on a possible public-private partnership, and Colorado Department of Transportation officials said they will pursue the approach in a two-phase process, first by issuing a request for statements of interest, then following up with a more formal request for proposals.

At this point, the state transportation agency already has one such proposal in hand, which includes “a list of improvements that could generate enough revenue to the point that you could bond against it,” CDOT region 1 director Tony DeVito said after the meeting....."  (Read more?  Click title)

"Unapologetically pursuing and tracking patterns within the news others make since 2010."

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