http://www.121-info.com/Did you know…
- The Texas Department of Transportation (TXDOT) and the Texas Transportation Commission (the TTC) want to sell the toll revenue rights to this taxpayer-funded roadway to a private, for-profit company under a 50+ year, Comprehensive Development Agreement (CDA)?
- CDAs typically guarantee the private company a double-digit return on investment and an ongoing baseline profit percentage of toll revenue? If you are a business owner, are you receiving this guarantee from the state?
- The state will revenue-share with the private company all excess profits above the baseline? This provides the incentive to maximize toll rates to drivers.
- CDAs often require that free alternative roadways be made less desirable through lane closures, speed limit reductions, or disadvantageous traffic signal timing? These strategies encourage increased toll road usage as free alternative roads become increasingly inefficient for drivers.
- CDAs do not fall under open government or open record laws? You will never see the CDA agreement and the details.
- Our local businesses are less likely to draw regional customers when they can only be accessed on toll roads? If sales tax receipts drop or local businesses fail, your property taxes may go up.
- Most industrial uses will not locate on 121 (where they belong) because it becomes cost prohibitive for them to do business there? Less industrial businesses mean less tax collected locally and therefore more burden on the homeowner.
- Your gas tax dollars have already paid for $106 Million of the current widening from the Dallas North Tollway to US-75? You have been taxed once, and you are about to be taxed again through tolls. If nothing else happens, the section of SH-121 from the Dallas North Tollway to Hillcrest is already allocated, paid for, under construction and will be completed (using your gas tax dollars). TTC/TxDOT wants to convert that section to tolls as well because of the potentially high revenue.
- Collin county taxpayers, cities, and private businesses have donated land and money to the SH 121 widening project totaling over $54 Million? Your property taxes are still paying the debt on the local bond money that was donated and will be for years to come. This land and money are going to be handed over to a private company, and we the taxpayers will be making payments on behalf of the private companies and for their profit.
- The current leadership in the cities of Allen, Frisco, McKinney, and Plano together with Collin County have come up with two proposals to complete the roadway while keeping the citizens’ toll burden to a minimum? Regional and state leaders have twice said no to these cost-effective proposals in favor of higher toll rates. They want more of your money to pay for their own free roads in other parts of the state.
- State leaders are threatening to withhold funds for other area projects if our local governments do not agree to their terms? Some have called this political blackmail!
- SH-121 tolls will be “electronic only?” If you do not have a TollTag, you will not be welcomed to drive on SH-121. This will affect visitors and rental cars, since there will be no cash option.
- The current cost per mile on the Dallas North Tollway and George Bush Turnpike is $0.095 per mile? The proposed 2010 toll rate for SH-121 is $.15 to $.25 per mile. One daily round trip from US-75 to Grapevine on SH-121 could cost you $10.00. If you commute on that road five days per week, your annual bill will be $2,600.00! That is in addition to your gas taxes and NTTA tolls! Can you afford this?
And you thought the Feds were out to steal your money? The state is pretty good at it too! Bastards. :urowned:
Write, call and let your voice be heard!