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The toll roads maintained by TCA are financed with tax-exempt bonds on a stand-alone basis -- taxpayers are not responsible for repaying any debt if toll revenues fall short. Some California lawmakers and toll road advocates favor using similar local agencies to build and maintain tollways, especially after the controversy of authorizing a ...
Traffic law in the Philippines consists of multiple laws that govern the regulation and management of road transportation and the conduct of road users within the country. The official and latest traffic code of the Philippines is Republic Act No. 4136, also known as the "Land Transportation and Traffic Code", which was enacted into law on June ...
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No. 1112 or the Toll Operation Decree. It possesses regulatory authority over all toll facilities in the Philippines, and is authorized under its charter to enter into contracts on behalf of the Republic of the Philippines, with qualified persons, natural or juridical, for the construction, operation and maintenance of toll facilities.
The Harbor Transitway (also known as the I-110 Express Lanes) is a 10.3-mile (16.6 km) shared-use express bus corridor (known as a busway or transitway) and high occupancy toll (HOT) lanes running in the median of Interstate 110 (Harbor Freeway) between Downtown Los Angeles and the Harbor Gateway Transit Center in Gardena, California.
SR 73's toll road was the first to be financed with tax-exempt bonds on a stand-alone basis, including construction and environmental risk. In 2011, $2.1 billion in debt for the San Joaquin Hills toll roads was restructured, which pushed back the time until the bonds are paid off and the route becomes a state-owned freeway to 2042. [7]
LADOT was created by city ordinance, and is run by a general manager appointed by the Mayor of Los Angeles, under the oversight of a citizens' commission also appointed by the mayor. LADOT is best known for providing public transportation to the City of Los Angeles. It currently operates the second-largest fleet in Los Angeles County next to ...
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