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<p>[quote user="oltmannd"]</p> <p> </p> <blockquote> <div><img src="/TRCCS/Themes/trc/images/icon-quote.gif" /> <strong>Phoebe Vet:</strong></div> <div> <p> </p> <p> </p> <blockquote> <div><img src="/TRCCS/Themes/trc/images/icon-quote.gif" /> <strong>dakotafred:</strong></div> <div> <p> </p> <p>On its face, and based on information contained in previous posts by Phoebe, this looks to be as worthwhile as passenger-rail projects get.</p> <p>Two questions that could affect the discussion (and pardon me if this has been provided before): How much do passenger trains cost the state every year -- I'm thinking of just the operating subsidy -- and what kind of shape is N.C.'s budget in?</p> <div style="clear:both;"></div> <p> </p> </div> </blockquote> <p> </p> <p><a href="http://www.letsgetmoving.org/images/uploads/pages/RTA-NC-HSR-summary.pdf">http://www.letsgetmoving.org/images/uploads/pages/RTA-NC-HSR-summary.pdf</a> </p> <p><a href="http://www.charlotteobserver.com/2011/03/30/2182157/debate-cut-short-on-bill-to-kill.html">http://www.charlotteobserver.com/2011/03/30/2182157/debate-cut-short-on-bill-to-kill.html</a> </p> <p> </p> <div style="clear:both;"></div> <p> </p> </div> </blockquote> <p> </p> <p>Catch 22!</p> <p>From the Observer article:</p> <p> </p> <p>"We ask that you consider the jobs impact. This is bridge work, this is roadway work. This isn't rocket science. This is stuff our folks do every day, when we have an opportunity," Jenkins said.</p> <p>But Killian dismissed the jobs issue.</p> <p>"Folks, what we need are private sector jobs," Killian told the committee. "We do not need publicly financed jobs. Taking federal dollars for temporary jobs in our state, it's not going to solve our economic problems."</p> <p> </p> <p>The rail project has bridge and roadway work in it.  </p> <p>Some don't want "public sector" financed jobs.</p> <p>So, what would be private sector bridge and roadway work?  Is that an oxymoron?<img alt="Smile" src="/TRCCS/emoticons/emotion-1.gif" />  [/quote]</p> <p>Texas State Highways 130, 45, and 121, amongst others, are private toll roads in the Lone Star state that were built by private operators.  They were funded by the sale of bonds in the capital markets.  In addition, the Houston Toll Road, as well as others, have been built by quasi-private or quasi governmental authorities.  They receive no money from the state.  They are financed by tolls.  They are expected to pay for themselves.</p> <p>SH130, which is a stones throw from my house, is on track to recover its costs and generate a return for the toll authority, which includes overseas investors. </p>
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