Hampton Roads
“Contested federal permits and a large environmental impact
are putting the ‘Commonwealth Connector,’ a new 55-mile, tolled alternative to
the current Route 460 from Prince George County to Suffolk, in jeopardy.
Gov. Terry McAuliffe told the Virginian-Pilot in December he
did not believe taxpayer money should be used on the project until federal
permits were issued and — even then — he would still ‘take a hard look’ at the
project…
The proposed route will cost around $1.4 billion. According
to the U.S. Department of Transportation’s Federal Highway Administration’s
website, the project will be funded from three different sources. The Virginia
Department of Transportation would provide about $900 million and the Virginia
Port Authority would provide about $250 million of public funding, both of
which would ultimately come from taxpayers. The rest — around $250 million —
would be provided through tax-exempt toll revenue bonds, which will be paid
back with tolls collected from highway users.
Drivers who travel the length of the new route would be
charged around $4 while trucks would pay around $12. The existing Route 460
would remain free.”
~Writes Lauren McClellan of the Suffolk News-Herald
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