"Toll 49: Innovative Financing Delivering Much-Needed Project in East Texas"




TxDOT-Statewide Podcast show

Summary: It's been called many names, including Loop 49 and the 'Road to Nowhere,' but the first phase of Toll 49, the centerpiece project of the North East Texas Regional Mobility Authority is about to take one step closer to another term: done. Thanks to a first-of-its kind financing agreement between TxDOT and the NETRMA, the largest and perhaps the keystone segment of the project is scheduled to break ground today. For more on the project and how it came into being, I spoke with NETRMA Chairman Jeff Austin III.