Developing and Testing a Framework for Alternative Ownership, Tenure and Governance Strategies for the Proposed Detroit-Windsor River Crossing
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Should Florida Toll Agencies Be Consolidated? by Robert W
Policy Study 401 February 2012 Should Florida Toll Agencies Be Consolidated? by Robert W. Poole, Jr. and Daryl S. Fleming, Ph.D., PE Reason Foundation Reason Foundation’s mission is to advance a free society by developing, applying and pro- moting libertarian principles, including individual liberty, free markets and the rule of law. We use journalism and public policy research to influence the frameworks and actions of policymakers, journalists and opinion leaders. Reason Foundation’s nonpartisan public policy research promotes choice, competition and a dynamic market economy as the foundation for human dignity and progress. Reason produces rigorous, peer-reviewed research and directly engages the policy process, seeking strategies that emphasize cooperation, flexibility, local knowledge and results. Through practical and innovative approaches to complex problems, Reason seeks to change the way people think about issues, and promote policies that allow and encourage individu- als and voluntary institutions to flourish. Reason Foundation is a tax-exempt research and education organization as defined under IRS code 501(c)(3). Reason Foundation is supported by voluntary contributions from individuals, foundations and corporations. Acknowledgement This project was supported by a grant to Reason Foundation from Associated Industries of Florida. The analysis, findings and recommendations in this report are entirely those of the authors. Copyright © 2012 Reason Foundation. All rights reserved. Reason Foundation Should Florida Toll Agencies Be Consolidated? By Robert W. Poole, Jr. and Daryl S. Fleming, Ph.D., PE Executive Summary The 2011 Florida legislative session saw several proposals that would have consolidated some or all of the local toll authorities into the Florida Turnpike Enterprise (FTE). -
Toll Roads in the United States: History and Current Policy
TOLL FACILITIES IN THE UNITED STATES Bridges - Roads - Tunnels - Ferries August 2009 Publication No: FHWA-PL-09-00021 Internet: http://www.fhwa.dot.gov/ohim/tollpage.htm Toll Roads in the United States: History and Current Policy History The early settlers who came to America found a land of dense wilderness, interlaced with creeks, rivers, and streams. Within this wilderness was an extensive network of trails, many of which were created by the migration of the buffalo and used by the Native American Indians as hunting and trading routes. These primitive trails were at first crooked and narrow. Over time, the trails were widened, straightened and improved by settlers for use by horse and wagons. These became some of the first roads in the new land. After the American Revolution, the National Government began to realize the importance of westward expansion and trade in the development of the new Nation. As a result, an era of road building began. This period was marked by the development of turnpike companies, our earliest toll roads in the United States. In 1792, the first turnpike was chartered and became known as the Philadelphia and Lancaster Turnpike in Pennsylvania. It was the first road in America covered with a layer of crushed stone. The boom in turnpike construction began, resulting in the incorporation of more than 50 turnpike companies in Connecticut, 67 in New York, and others in Massachusetts and around the country. A notable turnpike, the Boston-Newburyport Turnpike, was 32 miles long and cost approximately $12,500 per mile to construct. As the Nation grew, so did the need for improved roads. -
Comprehensive Annual Financial Report for the Fiscal Year Ended September 30, 2018
Comprehensive Annual Financial Report Lee County, Florida Fiscal Year Ended September 30, 2018 Lee County, Florida Comprehensive Annual Financial Report For the Fiscal Year Ended September 30, 2018 Prepared by: General Accounting Office, Finance & Records Department Clerk to Board of County Commissioners Linda Doggett Lee County, Florida PRINCIPAL OFFICIALS As of September 30, 2018 Elected Officials Board of County Commissioners, Port Commissioners: Commissioner, District 1 …………………………………… John Manning Commissioner, District 2 …………………………………… Cecil Pendergrass * ** Commissioner, District 3 …………………………………… Larry Kiker Commissioner, District 4 …………………………………… Brian Hamman Commissioner, District 5 …………………………………… Frank Mann Appointed Officials County Manager ………………………………………………… Roger Desjarlais County Attorney ………………………………………………… Richard Wm. Wesch Executive Director, Port Authority ………………………………Jeff A. Mulder Hearing Examiner(s) ………………………………………………Donna Marie Collins Laura Belflower * Chairman for Board of County Commissioners ** Chairman for Board of Port Commissioners Photographs provided by Ed Clement Photographic Services, Inc., Lee County Public Resources, Lee County Visitor & Convention Bureau, Lee County Port Authority, Lee County Water & Wastewater System, Lee County Solid Waste System, Lee County Transportation Facilities, and Lee County Transit. ii Lee County, Florida COMPREHENSIVE ANNUAL FINANCIAL REPORT September 30, 2018 TABLE OF CONTENTS Introductory Section PAGE Letter of Transmittal …………………………………………………………………………………………… 2 Organizational -
New York State Thruway Authority
PRELIMINARY OFFICIAL STATEMENT DATED OCTOBER 7, 2019 NEW ISSUE BOOK ENTRY - ONLY In the opinion of Hawkins Delafield & Wood LLP, Bond Counsel to the Authority, under existing statutes and court decisions and assuming continuing compliance with certain tax covenants described herein, (i) interest on the Series 2019B Junior Indebtedness Obligations ch such is excluded from gross income for federal income tax purposes pursuant to Section 103 of the Internal Revenue Code of 1986, as amended (the “Code”) and (ii) interest on the Series 2019B Junior Indebtedness Obligations is not treated as a preference item in calculating the alternative minimum tax under the Code. In addition, in the opinion of Bond Counsel to the Authority, under existing statutes, interest on the Series 2019B Junior Indebtedness Obligations is exempt from personal income taxes imposed by the State of New York and any political subdivision thereof. See “TAX MATTERS” for further information. nces nces will this Preliminary $1,700,000,000* New York State Thruway Authority General Revenue Junior Indebtedness Obligations Series 2019B Dated: Date of Delivery Due: January 1, as shown on the inside cover Interest is payable each January 1 and July 1, commencing July 1, 2020. The New York State Thruway Authority General Revenue Junior Indebtedness Obligations, Series 2019B (the “Series 2019B Junior Indebtedness Obligations”) are issuable only as fully registered bonds without coupons, in denominations of $5,000 or any integral multiple thereof. The Series 2019B Junior Indebtedness t notice. Under no circumsta Obligations will be issued initially under a book-entry only system and will be registered in the name of Cede & Co., as nominee of The Depository Trust Company, New York, New York (“DTC”), which will act as securities depository for the Series 2019B Junior Indebtedness Obligations. -
Lee County, Florida; Toll Roads Bridges
Summary: Lee County, Florida; Toll Roads Bridges Primary Credit Analyst: Anita Pancholy, Dallas (1) 214-871-1402; [email protected] Secondary Contact: Joseph J Pezzimenti, New York (1) 212-438-2038; [email protected] Table Of Contents Rationale Outlook Related Criteria And Research WWW.STANDARDANDPOORS.COM/RATINGSDIRECT JULY 3, 2012 1 984454 | 300417279 Summary: Lee County, Florida; Toll Roads Bridges Credit Profile Lee Cnty toll rev Unenhanced Rating A-(SPUR)/Stable Affirmed Lee Cnty toll rev (CIFG) Unenhanced Rating A-(SPUR)/Stable Affirmed Many issues are enhanced by bond insurance. Rationale Standard & Poor's Ratings Services affirmed its 'A-' rating on Lee County, Fla.'s transportation facilities revenue bonds. The outlook is stable. The rating reflects our assessment of the credit profile of a three-bridge system that has stable operating margins, no additional debt needs, and traffic trends that have not yet stabilized. More specifically, the rating reflects what Standard & Poor's considers: • A well-balanced financial operations with the Sanibel Causeway, Cape Coral Bridge, and Midpoint Memorial Bridge representing approximately 37%, 32%, and 31% of fiscal 2011 net revenues, respectively; • A lack of significant competition from toll-free roads, combined with the county's covenant not to build competing facilities unless they will become part of the three-bridge system; and • Historically good senior debt service coverage, which has been no less than 1.7x since 2008, despite lower traffic -
Lee County 2012 Annual Report
EXHIBIT S Annual Traffic and Revenue Report Fiscal Year 2012 Lee County Toll Facilities Sanibel Causeway Cape Coral Bridge Midpoint Memorial Bridge LEE COUNTY SOUTHWEST FLORIDA Annual Traffic and Revenue Report Fiscal Year 2012 Lee County Toll Facilities April 2013 Sanibel Causeway Cape Coral Bridge Midpoint Memorial Bridge LEE COUNTY SOUTHWEST FLORIDA Lee County Toll Facilities FY 2012 Annual Traffic and Revenue Report TABLE OF CONTENTS CHAPTER 1 INTRODUCTION TO THE LEE COUNTY TOLL FACILITIES ...................... 1 REPORT PURPOSE AND STRUCTURE ............................................................. 1 SYSTEM HISTORY………………………………………………… ......................................... 2 Facility Milestones ......................................................................................... 2 FACILITY PROFILES .............................................................................................. 5 Midpoint Memorial Bridge ............................................................................. 5 General Usage Characteristics .............................................................. 5 Facility Capacity .................................................................................... 6 Peaking Characteristics ......................................................................... 6 Future Improvements and Plans ............................................................ 6 Cape Coral Bridge ......................................................................................... 7 General Usage Characteristics ............................................................. -
FY 2020 Semiannual Report
2301 Maitland Center Parkway, Suite 300 Maitland, FL 32751 tel: 407 660‐2552 fax: 407 875‐116 August 31, 2020 Ms. Susan Drotleff Toll Facilities Operations Manager Lee County Department of Transportation 1500 Monroe Street Fort Myers, FL 33901 Subject: Semiannual Traffic and Toll Revenue Report – Fiscal Year 2020 Lee County Toll Facilities Dear Ms. Drotleff: CDM Smith is pleased to submit this Semiannual Traffic and Toll Revenue Report, addressing facility performance for the first half of Fiscal Year (FY) 2019, beginning October 1, 2019 and ending March 31, 2020. As with previous semiannual reports, the performance data presented herein is compared to data from the same period in the previous fiscal year. This document will follow essentially the same format as the prior report. Any changes in methodology or data sources will be noted in the document. During March 2020, the last month in the first half of the fiscal year, the Lee County toll facilities began experiencing negative impacts due to the COVID-19 pandemic. Lee County suspended all cash toll collections starting March 18, 2020 on all three toll facilities, offering only transponder or Toll-by-Plate payments. COVID-19 will continue to negatively impact Lee County toll facilities during the second half of the fiscal year, which will be reported in the FY 2020 Annual Report. These negative impacts can be attributed to social distancing guidelines and stay-at-home orders throughout the State of Florida. This has resulted in the closings of schools, restaurants, malls, sporting events, beaches and other public venues. As a result, many people have been furloughed or lost their jobs. -
Working Group B (Expressway Systems Options)
Working Group B Report Expressway System Options April 2007 SUMMARY The Capital District Transportation Committee is in the midst of an update to its official New Visions regional transportation plan. The update will extend the horizon to 2030 and address emerging issues. In January 2004, CDTC established five “working groups” to help the staff analyze in parallel the subjects requiring further study (as identified by the Quality Region Task Force) and to guide the documentation of the analysis. Working Group B was charged with investigating and documenting “Expressway System Issues The “expressway system” is and Options”. Working Group B was made up of defined as the entire interstate representatives from CDTC staff, NYSDOT Region 1, system, Alternate Route 7, NY NYSDOT Main Office, CDTA, the New York State 85 from I-90 to the NYS Thruway Authority (NYSTA), and one Quality Region Thruway, the I-90 Phase I Task Force member. This report summarizes the research, Connector and the South Mall analysis and findings by Working Group B. Expressway/Dunn Memorial Bridge. The 2004 report has been modified slightly to acknowledge that the New Visions 2030 Finance Plan overall budget is consistent with the Working Group B bridge needs estimates, pavement and bridge maintenance estimates, and most of the section-specific reconstruction estimates. The cost estimates for the Thruway bridges have been more clearly defined as part of the Finance Task Force work. Consequently, the Finance Task Force numbers will be used in the New Visions 2030 Plan. Working group members representing the “Expressway” System in the Capital District New York State Department of Transportation and the New York State Thruway Authority were asked for detailed data regarding current infrastructure needs and attendant costs. -
Jl Engeneuring, Pc K
JJ CIVIL/STRUCTURAL LL ENGENEURING, P.C. ARCHITECTURAL KK INGENUITY IN ENGINEERING TRANSPORTATION PUBLIC WORKS COMMERCIAL RESIDENTIAL 5788 STONE ROAD LOCKPORT, NEW YORK 14094 PHONE/FAX: (716) 433-7485 E-Mail GODBRIDGE@ AOL.COM MOBILE: (716) 860-9200 JAMES L. KLINO, P.E. PRESIDENT OF JLK ENGENEURING, P.C. RELATED WORK EXPERIENCE: JLK Engeneuring, P.C. 5788 Stone Road Lockport, New York 14094 Detailed Structural analysis, and design, inspection, condition assessment, & load rating of bridge structures of all types. Bridge jacking analysis & design to replace bearings and repair concrete pedestals and piers. Structural analysis & design of scaffold systems & cable suspended metal deck Platform systems including but not limited to cables, metal decking, post clamping plates intermediate hangers, cable tie ups and all other component design peculiar to each type of structure. Custom design of scaffold & containment systems (rolling, modular, stationary, vertical and horizontal opening and closing, etc.) for steel, concrete and masonry structures (bridges, buildings, water tanks, chemical process towers, etc.) with difficult and varying geometric configurations of steel, traffic restrictions, waterway restrictions, and paint removal methods. Design of containment systems in conformance with SSPS Guidelines and all levels of containment types including designs required to resist and sustain hurricane wind speeds. Design in conformance with all applicable codes and industry standards (IE: AISC, ACI, OSHA, SSPC, Etc.) Staad analysis used extensively in modeling Bridges, Scaffolds, & Platform systems, analysis of existing structures to verify adequacy of supporting imposed construction loads. Detailed Structural analysis, and design, inspection, condition assessment, & load rating of bridge structures Contract Documents (Plans and Calculations prepared and submitted for Agency approval on each project. -
New York State Thruway Traffic and Revenue Report Including a Review of the Physical Condition of the Thruway System
New York State Thruway Traffic and Revenue Report Including a Review of the Physical Condition of the Thruway System October 7, 2019 Prepared for: New York State Thruway Authority Prepared by: Stantec Consulting Services, Inc. Table of Contents 1.0 INTRODUCTION AND EXECUTIVE SUMMARY ............................................................. 1 2.0 THE NEW YORK STATE THRUWAY SYSTEM .............................................................. 2 2.1 BACKGROUND ................................................................................................................ 2 2.2 ROADWAYS ..................................................................................................................... 4 2.3 BRIDGES .......................................................................................................................... 5 2.4 SERVICE AREAS AND BUILDINGS ................................................................................ 6 2.5 SAFETY, INCIDENT RESPONSE AND TRAVELER INFORMATION SYSTEMS ........... 7 2.6 ANNUAL ROUTINE MAINTENANCE ACTIVITIES ........................................................... 8 2.7 PHYSICAL CONDITION OF THE THRUWAY’S INFRASTRUCTURE ............................. 9 2.7.1 New York Division ........................................................................................... 9 2.7.2 Albany Division .............................................................................................. 10 2.7.3 Syracuse Division ......................................................................................... -
2018 Annual Traffic and Revenue Report for Lee County Toll Facilities
$QQXDO©7UDIILF©DQG©5HYHQXH©5HSRUW )LVFDO©<HDU© /HH©&RXQW\©7ROO©)DFLOLWLHV 3UHSDUHG©IRU &DSH©&RUDO©%ULGJH 0LGSRLQW©0HPRULDO©%ULGJH 6DQLEHO©&DXVHZD\ $SULO© Lee County Toll Facilities FY 2018 Annual Traffic and Revenue Report TABLE OF CONTENTS CHAPTER 1 INTRODUCTION TO THE LEE COUNTY TOLL FACILITIES .................. 1 REPORT PURPOSE AND STRUCTURE ............................................................. 1 SYSTEM HISTORY ..................................................................................................... 2 Facility Milestones .............................................................................................. 4 TOLL RATE SCHEDULES ....................................................................................... 5 TOTAL SYSTEMWIDE TRANSACTIONS AND GROSS TOLL REVENUES ................................................................................................................... 8 Fiscal Year 2018 Toll Transactions and Revenues .......................................... 8 Historical Toll Transactions and Revenues .................................................... 10 ETC PARTICIPATION ............................................................................................. 13 TOLL TRANSACTIONS BY PAYMENT TYPE ................................................. 15 TOLL TRANSACTIONS BY VEHICLE CLASS ........................................ 18 COMPARATIVE PERFORMANCE ............................................................ 19 Other Florida Toll Facilities ............................................................................. -
Lee County, Florida Fiscal Year Ended September 30, 2019 Lee County, Florida
Comprehensive Annual Financial Report Lee County, Florida Fiscal Year Ended September 30, 2019 Lee County, Florida Comprehensive Annual Financial Report For the Fiscal Year Ended September 30, 2019 ~ LEE COUNTY SOUTHWEST FLORIDA Prepared by: General Accounting Office, Finance & Records Department Clerk to Board of County Commissioners Linda Doggett Lee County, Florida PRINCIPAL OFFICIALS As of September 30, 2019 Elected Officials Board of County Commissioners, Port Commissioners: Commissioner, District 1 …………………………………… John Manning Commissioner, District 2 …………………………………… Cecil Pendergrass Commissioner, District 3 …………………………………… Ray Sandelli Commissioner, District 4 …………………………………… Brian Hamman * ** Commissioner, District 5 …………………………………… Frank Mann Appointed Officials County Manager ………………………………………………… Roger Desjarlais County Attorney ………………………………………………… Richard Wm. Wesch Executive Director, Port Authority ………………………………Jeff A. Mulder Hearing Examiner(s) ………………………………………………Donna Marie Collins Amanda L. Rivera * Chairman for Board of County Commissioners ** Chairman for Board of Port Commissioners Photographs provided by Ed Clement Photographic Services, Inc., Lee County Public Resources, Lee County Visitor & Convention Bureau, Lee County Port Authority, Lee County Water & Wastewater System, Lee County Solid Waste System, Lee County Transportation Facilities, and Lee County Transit. ii Lee County, Florida COMPREHENSIVE ANNUAL FINANCIAL REPORT September 30, 2019 TABLE OF CONTENTS Introductory Section PAGE Letter of Transmittal ……………………………………………………………………………………………