Sign In | Create an Account | Welcome, . My Account | Logout | Subscribe | Submit News | Place An Ad | All Access E-Edition | Home RSS
 
 
 

Sun. 4:56pm: Decision on selling Ohio Turnpike may come soon

October 7, 2012
Tribune Chronicle | TribToday.com

COLUMBUS (AP) - A proposal on whether to lease the Ohio Turnpike or get more money out of the toll road some other way is coming soon, Gov. John Kasich said.

The governor said last week that he's looking at options that could bring the state more than $1 billion, and a formal proposal could be announced within the next month. The Columbus Dispatch reported that it's believed that the governor's administration is studying whether to lease the turnpike over a period of years or issuing bonds against it.

"The bottom line is there may be some real money lying out there if we do this thing the right way,"

Kasich said on Friday.

He's been pushing the idea of using the turnpike that crosses northern Ohio to bring several billion dollars to the state for new road and bridge projects.

Critics, including many elected officials in northern Ohio, say leasing the road could bring higher tolls for drivers and less maintenance on the road.

 
 

 

I am looking for: