David Leibowitz (D-San Antonio) has pre-filed HB 11 which would repeal any authority to create and/or operate the Trans-Texas Corridor.
The link to HB 11 is
http://www.capitol.state.tx.us/Search/DocViewer.aspx?K2DocKey=odbc%3a%2f%2fTLO%2fTLO.dbo.vwCurrBillDocs%2f81%2fR%2fH%2fB%2f00011%2f1%2fB%40TloCurrBillDocs&QueryText=HB+11&HighlightType=1
This is very long, and if it doesn’t work, go to Texas Legislature Online at
www.capitol.state.tx.us
and enter HB 11 in the search box.
HB 3588 in 2003 contained the enabling legislation for the TTC. This new HB 11 would take away that authority to create the TTC. No entity, either TxDOT or Cintra, would be able to create the TTC.
An interesting question: what would happen with the agreement with Cintra if the TTC is killed by the legislature? As I understand it, the most recent contract between TxDOT and Cintra on the TTC is only a planning contract. The $3.5 million contract signed in 2005 is an agreement for Cintra to do a master plan that would show how to finance and build TTC-35.
If HB 11 or similar legislation succeeds in killing the TTC, I assume that Texas would owe Cintra only the $3.5 million for the planning contract. We'll see how it all unfolds during the upcoming session.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment