Friday, May 26, 2006

Major Moves Billion Dollars Deal Breaker

Major Moves Movement

The selling or leasing of the toll road to a private investors in order to collect money up front to finance fund projects has Gov. Daniel selling the ideal to the big guns in Washington.

Some residents have sued believing the deal is in violation of several provisions in the constitution. Now a bond is required to go forward on some of issues. Some issues may still be addressed:

The ideal of selling or leasing a public work or is it a municipal corporation?

Determining what the sell is may help determine where and how the funds can be spent.

Some counties receiving money and other counties left out of the money.

Interstate impact may cause special benefit for some and not other citizens.


The deadline of June will determine whether or not this is a done deal.

Okay, the judge had decided that the toll road is being leased not sold. That the toll road belongs to IFA and not the state. That IFA is a municipal corporation and therefore, a public lawsuit and the posting a bond. That only two issue remain that are separate from the public lawsuit, count VI and VIII. That all the counties will receive monies.

Sounds like a done deal for the June 30, 2006 deadline.

3 comments:

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