ANNNNNNDDDDD The SH130 Concession Company Declares Bankruptcy Somervell County Salon-Glen Rose, Rainbow, Nemo, Glass....Texas


 

ANNNNNNDDDDD The SH130 Concession Company Declares Bankruptcy
 


4 March 2016 at 9:15:16 PM
salon

Texas Tribune

A private company that operates part of the Texas toll road with the highest speed limit in the country filed for bankruptcy Wednesday, fewer than three years after the section of the road it oversees first opened.

The SH 130 Concession Company, a partnership between Spain-based Cintra and San Antonio-based Zachry American Infrastructure, opened the 41-mile-long southern portion of the State Highway 130 toll road, from north of Mustang Ridge to Seguin, in October 2012 to much fanfare. In addition to the record 85 mile-per-hour speed limit, the company signed an unprecedented deal with the state to build and operate its section of the road for 50 years in exchange for a portion of the toll revenue.

Ooops. Thanks, Rick Perry- from 2009

Looks like North Carolina is a little concerned.

 Spain-based Cintra, which joined in partnership with San Antonio-based Zachry American Infrastructure to build the 41-mile southern portion of SH 130 from north of Mustang Ridge to Seguin, is also signed on to oversee construction of a privately operated toll lane on North Carolina’s Interstate 77, according to the Charlotte Observer.

 

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Comments

salon > Quick update on this, via Pacer-Click on pic to see larger (Turk Case Update- Telephone Conference Hearing Set for March 8 2019 )

salon > Lance Been awhile. Send me an email at salon@glenrose.net with the names of who you're talking about, above. Also, the newspaper editor is no longer local, ie officed here, but the paper is run.... (What Happened to Jerry Jacene? )

LanceHall > I'd love to see the Hotel Guest books and see if Jacene's name shows up long before he officially *found* the tracks.  I'd like to know if the Visitor's Bureau has emails wit.... (What Happened to Jerry Jacene? )

LanceHall > I see the land or that part of it is now in the hands of Glen Rose's own Corky Underwood. Is Jacene still involved?   I had already informed the Visitor Bureau manager (who's.... (What Happened to Jerry Jacene? )








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