Cintra

This tag is associated with 35 posts

NC Trans secretary picks Mercator Advisors to review I-77 contract

March 31. A company that was part of a team led by Cintra Concesiones de Infraestructuras and Zachry Construction Corp.—to develop the first phase of the Trans-Texas Corridor—has been selected to review the I-77 Express Lanes contract. NC Transportation Secretary Jim Trogdon said Mercator Advisors will conduct an in-depth, outside review. Mercator has not been involved in the $650 […]

Letter to the Editor: Infrastructure plan ‘fairy dust’

Dec. 5. [OPINION] A Washington Post article ( Think tank casts doubts on Trump infrastructure plan), is one of the most succinct articles I have read on how the Trump Administration plans to fund road and infrastructure during his administration.  This plan is a variation on one proposed by the Democrats.  Both plans promise massive amounts of […]

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LKN Marine Commission OK’s I77 toll lane application

Aug. 9. By Dave Vieser. Opponents of the I-77 toll lane project were dealt another blow this week when the Lake Norman Marine Commission approved the NCDOT’s application. The commission’s approval was needed because the interstate crosses Lake Norman; the commission works with Duke Energy on lake development as part of their Federal Energy Regulatory […]

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Mayor Travis issues statement on meeting with Sen. Berger

June 11. In a prepared statement, Cornelius Mayor Chuck Travis defended his visit to Sen. Philip Berger, along with Davidson Mayor John Woods, in support of the controversial Public Private Partnership that is building toll lanes on I-77 between Charlotte and Lake Norman. Here are his comments: “On Wednesday, June 8th, 2016, at 5:15pm, I attended […]

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Commissioner Puckett terms Mayor Travis’ actions ‘traitorous’

June 11. ANALYSIS. By Dave Yochum. Cornelius Mayor Chuck Travis chose June 8, “Town Hall Day” in the NC State Capitol, to express his personal views on widening I-77 to NC Sen. Philip Berger, the man who has so much to do with the ebb and flow of legislation in Raleigh. It was a peculiar day for Travis […]

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2 N. Meck mayors split from business community on I-77

June 9. By Dave Yochum. In defiance of the Cornelius Town Board, Mayor Chuck Travis has met with NC Sen. Philip Berger in Raleigh to argue in favor of the Public Private Partnership that is building toll lanes between Lake Norman and Charlotte. Travis, who lobbied against HB-954—the anti-toll legislation that passed overwhelmingly in the NC House June 2—met with […]

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Toll battle shifts to NC Senate

June 6. ANALYSIS. By Dave Vieser. What happened last week with House Bill 954, which calls for the cancelation of the I-77 toll lane contract, was nothing short of amazing. The legislation was initially given virtually no chance of passing when it was first introduced. Then as troubling details about the Cintra toll lane contract […]

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Citizen Kurt: WidenI-77 organizer wows top politicians

March 10. By Dave Yochum. Speaking to a packed house—150 citizens and elected officials at Cornelius Town Hall—anti-toll leader Kurt Naas started by thanking people for attending a dry information session on Cintra finances, the bankruptcy in Texas and the pricing plan for tolls between Charlotte and Lake Norman. The one-hour presentation by the founder […]

LNTC’s last gasp: ‘We could have done more’

March 10. By Dave Vieser. The Lake Norman Regional Transportation Commission met last night for the first time since three of the four member towns voted to pull out of the commission as of June 30. With its future uncertain, Chairwoman Melinda Bales said the commissioners would meet soon with the four town’s elected officials to […]

Opinion: Bankruptcy just part of the plan

OPINION. By Nils Lucander. What does it mean to North Carolina taxpayers when Cintra (Ferrovial) bankrupts one of its subsidiaries elsewhere? When Cintra’s various LLCs—like the ones in Texas, Indiana, Spain, Virginia and North Carolina—file bankruptcy on these highway projects, it is not due to some unforeseen, unusual, tragic circumstances that we might empathize with […]