Columbus
Dispatch
Ohio
Turnpike to stay public
Ohio gets piece of national $42.9 million
Pfizer settlement
By Joe Vardon
December
12, 2012
Gov.
John Kasich will not try to lease the Ohio
Turnpike to a private entity and instead try to generate cash for state
infrastructure projects while keeping the 241-mile toll road as a
public asset,
according to several lawmakers briefed on the administration’s plans.
The
state could leverage the turnpike by
issuing new debt against it or redirecting toll revenue toward projects
away
from the turnpike. Kasich would need a change in state law to spend
turnpike
revenue more than 1 mile away from the toll road.
Legislators
who spoke on the condition they not
be named said the administration seems to be steering away from a
private lease
of the turnpike. Kasich has been hinting at a possible lease for much
of his
two years in office — a move that would likely be the most vexing
political
hurdle for him to leverage the turnpike.
“If
they come out Thursday and say the turnpike
will go to company ABC, then there was a lot of deception to us as
well,” said
one legislator who did not want to be named discussing Kasich’s
intentions
before the governor makes his announcement this week. “The turnpike’s
going to
be a state entity.”
Kasich’s
office has not formally briefed either
legislative chamber on its plans for the turnpike, but some
“stakeholders” have
been notified of what the Republican governor intends to do. Kasich,
who is
scheduled to unveil his plans in a two-day multicity tour beginning
Thursday,
said he expected word of his plans to leak early.
Lawmakers
who spoke with The Dispatch said they
expect the Department of Transportation to become heavily involved in
the daily
operation of the turnpike, which has been operated by the independent
Ohio
Turnpike Commission for all of its 57-year history.
Read
the rest of the article at the Columbus
Dispatch
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