Daily News Briefs, January 14, 2022

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Maine Turnpike Connector Project Agreement Gets Town's Approval

Portland Press Herald reports, last week, the Scarborough Town Council authorized the town manager to sign a revised memorandum of agreement regarding the proposed $220-million Gorham Connector project. The MOA, to which the Maine Turnpike Authority (MTA), Maine DOT and the municipalities of Gorham, Scarborough, South Portland and Westbrook are signatories, incorporates modifications recommended by municipal officials during recent MTA briefings on the project.

Maine Maine Department of Transportation (MDOT) Maine Turnpike Authority


DC Transit Line Funded Largely By Tolls Won't Be Finished For Several More Months

Washington Business Journal reports, completion of the Washington Metro Area Transit Authority’s Silver Line extension won’t take place until at least early spring. That’s another setback for a project that is notoriously overdue and over budget because of structural and materials problems. The Metropolitan Washington Airports Authority, which is managing construction of the line and partially funding it with Dulles Toll road revenue, says the project remains within its current, $2.778 billion budget.

Dulles Toll Road Metropolitan Washington Airports Authority (MWAA) Transit and Toll Roads Washington (DC) Metro Area Transit Authority Washington (DC) Metro Region


Moody's Corrects January 11 News Release On MWAA Bond Ratings

Moody’s Investors Service issued a correction of its January 11, 2022, news release on ratings of Metropolitan Washington Airports Authority (MWAA) bonds. (The correction changed the designation of new bonds in the first sentence.)

Dulles Toll Road Investment Ratings Metropolitan Washington Airports Authority (MWAA) Moody's Investors Service Washington (DC) Metro Region


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

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