Senator Sheldon Killpack
District 21Patty Henetz wrote a story
in today's Salt Lake Tribune this morning on my proposal to partner with private contractors to construct toll highways in Utah.
Patty is a proficient reporter and this is a fine article. One point I want to make sure everyone understands is that this legislation provides no provision for bonding or a tax increase.
It is anticipated that a private partner would bear the costs of the project and be allowed a period of time to recognize a return on their investment.
The state would not raise the gasoline tax - or any other tax. All costs would be paid by private partners who maintain the roadways under the direction of the state. Of course the state would retain ownership of the right-of-way and the land on which the road is built and preserve an option for buy-out of the facility.
I would welcome any thoughtful feedback.