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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]
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 ...
Rancho Mission Viejo, which has publicly condemned all the proposed alignments of the SR 241 extensions, helped to fund the construction of a 4.5-mile (7.2 km) four-lane toll-free freeway known as Los Patrones Parkway. The road, maintained by Orange County, follows the exact alignment as the proposed Tesoro Extension of SR 241 between Oso ...
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The system is used statewide on all of the toll roads, toll bridges, and high-occupancy toll lanes along the California Freeway and Expressway System. As with other ETC systems, FasTrak is designed to eliminate the need for cars to stop to pay at toll booths, thus decreasing the traffic congestion traditionally associated with toll roads .
The toll road then continues next to The Market Place, an outdoor shopping center straddling the border of Irvine and Tustin, before going through a toll plaza after the Irvine Boulevard interchange. Following this is the Portola Parkway exit, after which SR 261 passes through hilly, wilderness terrain alongside the Irvine Village of Orchard ...
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.