- Associated Press - Wednesday, June 15, 2016

CHARLOTTE, N.C. (AP) - North Carolina transportation officials say it would cost $800 million to cancel plans for toll lanes on Interstate 77 north of Charlotte and build new lanes.

The Charlotte Observer reported (https://bit.ly/1tqzhiS) that Transportation Secretary Nick Tennyson sent a letter last week to the chairmen of the Senate Transportation Committee about the costs of canceling the toll project and building additional lanes.

The committee is considering legislation passed by the House earlier this month that would cancel the state’s public-private partnership with I-77 Mobility Partners, a subsidiary of a Spanish infrastructure firm.

Tennyson says the agency thinks it would cost about $300 million to cancel the contract and another $500 million for the state to do the work itself.

Critics say the cancellation might cost only $30 million.

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Information from: The Charlotte Observer, https://www.charlotteobserver.com


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