re: Lake Charles Toll Bridge approved

Nvm- they lowered the toll cost but the money will be made up "later." Probably from the current surplus.

quote:

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The renegotiated agreement would expand a 25-cent toll with a vehicle size limit for locals to all noncommercial vehicles in a 5-parish area. It would reduce the toll for large trucks from $12.50 with a transponder to $8.25. Large trucks without transponders would pay $12.36 instead of $18.73.

"The previous toll schedule, it really did place an outsized burden on those commercial trucks … and so this has brought it in line with the rates that are being charged to passenger automobiles and medium trucks," Donahue said.

The rate reduction is "funded through additional public fund contributions to be finalized at financial close," according to Donahue's presentation.

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