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Thanks to everyone for the feedback on what errors you encountered at https://www.aaroads.com/forum/index.php?topic=33904.0
Corrected several already and appreciate your patience as we work through the rest.

Author Topic: Cross Island Parkway  (Read 4835 times)

Alex

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Cross Island Parkway
« on: November 14, 2009, 11:28:02 AM »

Eliminating tolls must be weighed against options

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We'll need to compare specific alternatives for paying for the road before we know whether removing the tolls is a good idea.

The $39 million still owed on the $81 million project won't go away if the tolls are eliminated. The debt is now scheduled to be paid off in 2022.

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Sure, no one likes to pay a toll, and few welcomed last year's increase from 50 cents to 75 cents for Palmetto Pass holders and from $1 to $1.25 for others. The state also tacked on a $1 monthly administrative fee. But is the cost too onerous for most users?

The toll road had been operating at a loss for all but one year -- after the debt was refinanced -- when the tolls were increased in 2008. Totals for revenue and expenses since the toll increases weren't immediately available.
« Last Edit: February 04, 2010, 10:02:04 AM by AARoads »
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Chris

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Re: Cross Island Parkway
« Reply #1 on: November 14, 2009, 05:50:51 PM »

I was like "wtf, tolls on the Cross Island Parkway?", but then I realized it wasn't the New York parkway, but the one in South Carolina   :colorful:

Won't people just go around the other side of the island?

Alps

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Re: Cross Island Parkway
« Reply #2 on: November 17, 2009, 10:31:48 PM »

I was like "wtf, tolls on the Cross Island Parkway?", but then I realized it wasn't the New York parkway, but the one in South Carolina   :colorful:

I was like "wtf, Cross Island Parkway in the Southeast thread?"

 


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