WCNC | I-77 toll lane plan faces next vote @WCNC | Uploaded October 2024 | Updated October 2024, 10 minutes ago.
The Charlotte City Council voted to approve a public-private partnership plan to build express lanes, ahead of a Charlotte Regional Transportation Planning Organization board meeting on Wednesday. Then in a close vote Tuesday night, the Mecklenburg Board of County Commissioners voted 5-4 to recommend denying the plan.
If the CRTPO board ultimately votes against moving forward with the public-private plan, the North Carolina Department of Transportation said research and work on the express lanes project would stop.
NCDOT said the reason behind the paid toll lanes is the department cannot afford to pay more than $600 million for the lanes, which come with a price tag of more than $3.7 billion. If transportation officials find a private developer for the job, the state would contribute $600 million and the private company would cover the rest.
READ MORE: wcnc.com/article/money/charlotte-leaders-vote-i-77-express-lane-plan/275-325a66b5-9d2d-4f7d-b6b5-9902dc54f8fc
The Charlotte City Council voted to approve a public-private partnership plan to build express lanes, ahead of a Charlotte Regional Transportation Planning Organization board meeting on Wednesday. Then in a close vote Tuesday night, the Mecklenburg Board of County Commissioners voted 5-4 to recommend denying the plan.
If the CRTPO board ultimately votes against moving forward with the public-private plan, the North Carolina Department of Transportation said research and work on the express lanes project would stop.
NCDOT said the reason behind the paid toll lanes is the department cannot afford to pay more than $600 million for the lanes, which come with a price tag of more than $3.7 billion. If transportation officials find a private developer for the job, the state would contribute $600 million and the private company would cover the rest.
READ MORE: wcnc.com/article/money/charlotte-leaders-vote-i-77-express-lane-plan/275-325a66b5-9d2d-4f7d-b6b5-9902dc54f8fc
