Daily News Briefs, August 5, 2019

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Column: Tolling Is the Only Way Indiana Can Finance I-70 Upgrades

Tribune-Star columnist Mark Bennett says the decision by Terre Haute, Indiana, school officials to route buses off of I-70 (even when they are carrying no students) is the latest sign that the interstate’s segment near the Indiana-Illinois border needs safety improvements, including more lanes. He notes that while an I-70, I-65 and I-94 improvement plan “stalled late last year, when Gov. Eric Holcomb decided not to implement tolls on those interstates during his time in office,” tolling is the only viable means of financing the multibillion-dollar level of upgrades needed in the corridor.

Highway and Bridge Safety (Including COVID-19 Impacts) Illinois Indiana Indiana Department of Transportation (INDOT) Indiana Finance Authority (IFA)

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Appointees to M-CORES Task Force Include Local Officials and College President

The Ledger reports on the four Polk County representatives appointed by FDOT to the Southwest-Central Florida Connector Task Force that is scheduled to hold its first meeting on August 27 in Tampa. The group is one of three M-CORES regional task forces formed last week to study a proposed state toll roads expansion.

Appointments-Promotions-Retirements Florida Florida Department of Transportation (FDOT) Florida DOT M-CORES Program

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Kroll Rates MTA Bonds

Kroll Bond Rating Agency last week assigned a long-term rating of AA+ with a Negative Outlook to the Metropolitan Transportation Authority’s Revenue Green Bonds, Series 2019C (Climate Bond Certified). KBRA also affirmed its long-term rating of AA+ with a Negative Outlook on MTA’s outstanding transportation revenue bonds and its short-term rating of K1+ on MTA’s outstanding transportation revenue bond anticipation notes.

Investment Ratings Metropolitan Transportation Authority (MTA) New York New York City

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These are just a few of the toll industry developments TRN is following.

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