TxDot under a microscope
Many question the Texas Department of Transportation's competency. READ MORE
Many question the Texas Department of Transportation's competency. READ MORE
The North Texas Tollway Authority is still trying to complete its financing of Texas 121 toll road in Denton/Collin. The success of that deal is crucial to future toll projects, including Texas 161 in Grand Prairie and Southwest Parkway in Fort Worth.READ MORE HERE
NTTA spokeswoman Sherita Coffelt wanted to clarify that the agency's decision to sell only $2.3 billion to 2.4 billion in bonds for 121 and other needs was a calculation on their part because of bond market conditions ... and despite what some critics are saying it's not true that NTTA tried but failed to sell the whole $5.2 bb.
"We only went to sale on $2.3 billion of the bonds," she wrote in an e-mail. "We did not come up short. We actually did better. We had orders totaling $16 billion, but did not have enough product to meet the demand."
To see a detailed map showing where Southwest Parkway/121T/Chisholm Trail will be built, look HERE.