A study by the California State Treasurer’s Office finds that if the Orange County toll road is not refinanced it will default on its debts. The Transportation Corridor Agencies approved a $2.2 billion plan to refinance the toll road but motorists will have to pay tolls until 2050.
Michelle2013-07-03T10:20:23-08:00July 3rd, 2013|California, Infrastructure Sectors, Public-Private Partnerships, Roads, U.S. News|