Pennsylvania in lease deal for Interstate 80

Tue Oct 16, 2007 2:53pm EDT
 
[-] Text [+]

NEW YORK, Oct 16 (Reuters) - Pennsylvania's Transportation Department and the Turnpike Commission have signed a 50-year lease for Interstate 80, and have asked the federal government to let them add tolls to the major thoroughfare, Gov. Edward Rendell said on Tuesday.

The accord calls for the Turnpike to transfer $83.3 billion to the Transportation Department for projects around the state, the Democratic governor said in a statement. "The commission has said it will generate an additional $33 billion over the next 50 years for I-80 improvements, bringing the total investment to $116 billion," Rendell said.

 

Editor's Choice

A selection of our best photos from the past 24 hours.   Slideshow 

Most Popular on Reuters

  • Articles
  • Video
Shrimps boats are seen at the coastal area of Bayou La Batre, Alabama November 10, 2009.  REUTERS/Carlos Barria
Shrimpers struggle

Fishermen like Steve Patronas struggle to make a living, but high costs, low prices for their catches and competition from countries like Vietnam or China are putting many of them out of business and choking off their way of life.  Blog | Video