 |
|
NEW CALIFORNIA TOLL ROAD UTILIZES FASTRAK SYSTEM
IRVINE, Calif. (December 4, 2007) - State Route 125 opened in San Diego using the FasTrak system trademarked by the Transportation Corridor Agencies (TCA) to allow drivers to pay at highway speeds without stopping at toll booths.
"Whenever the public sees the FasTrak brand, they have come to expect common sense free-flowing transportation solutions," said Frank Barbagallo, TCA deputy director of toll operations. "SR125 is another example of the FasTrak commitment to improving the lives of all Californians by relieving traffic congestion throughout the State."
The 73, 133, 241 and 261 Toll Roads in Orange County and SR125 are examples of public-private partnerships that ease traffic by building new infrastructure at no cost to taxpayers.
Governor Arnold Schwarzenegger recently talked about his plans to expand the use of public-private partnerships to meet the State's demand for new infrastructure. "State agencies estimate that California needs $500 billion in infrastructure over the next 20 years," Schwarzenegger stated on November 27. "We will need that infrastructure delivered, operated and maintained on-budget and at the lowest risk and cost to taxpayers."
TCA is a government agency formed to build and operate Orange County's toll road system. Fifty-one miles of the system are complete and TCA is working to complete the final 16-mile stretch that will connect the 241 Toll Road to Interstate 5 south of San Clemente. The 125 was developed by a private company that took on the risk of raising funds for constructing the roadway. The 10-mile toll road opened November 19 and has already issued more than 20,000 transponders.
|
