August 13, 2002
New Law Promotes Transport PPPs in Colorado by Public Works FinancingColorado Gov. Bill Owens signed transportation legislation (HB 1310) May 30
that, among other things, creates a Statewide Toll Authority as an enterprise
within Colorado DOT to act as a one-stop shop to coordinate, promote and help
finance privately developed projects, including long-term concessions.
The legislature did not give CDOT Executive Director Thomas Norton the
flexibility he sought to create new toll revenue projects and use the funds
in other corridors. It also did not provide new funding for toll authority
staffing or environmental studies (though it did allow the state Transportat ion Commission make loans to CDOT for toll authority projects).
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