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CRC Tolling Analysis Released
ODOT has released the investment-grade analysis of toll revenue for the Columbia River Crossing (PDF) and has concluded that the revenue is sufficient to fund the project (surprise) if tolling begins in 2016. We hope to have a critique from Joe Cortright shortly.
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Be Careful What You Wish For
The Columbia River Crossing took another PR hit this week, with the revelation that by not relying on Washington State to collect the bridge tolls, ODOT will need to invest north of $50M to create a sophisticated tolling system. Now not too many people are more anxious than I am to see that the CRC…
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C-Tran Reviews CRC Financing Plan
This could be a critical meeting for the Columbia River Crossing since one of the requirements for the Federal application is identifying the source of operating funding for the Light Rail Component. The C-Tran board meets tomorrow night to review options for financing the operations. It’s unclear to me whether or not they will actually…
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CRC Tolls Would Flood I-205 with Traffic
According to an analysis by Joe Cortright, based on numbers obtained from the project via a public records request, reported in Willamette Week.
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CRC Safety Stats Confuse Legislator
Rep. Dennis Richardson is running for Governor, and has made his opposition to the Columbia River Crossing a wedge issue against the incumbent. But even in trying to make the case why some kind of bridge upgrade may be desirable he gets tripped up and caught by Politifact when trying to use the project’s confusing…