this post was submitted on 31 May 2024
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Wasn't 470 all funded by municipal bonds, paid for by tolls and some vehicle registrations and governed by a board of local governments? And last I heard they still had like $1.2B to pay off. I don't necessarily like the model, but I'm sure the alternative models where federal funds, general taxes, etc are used for growing roads forever aren't any better. I'm not for profiteering, but I am for road users paying the actual costs instead of begging for subsidized roads as per usual.
As to RTD, yeah it's a mess but for a lot of different reasons, with the top one imo is the dog shit land use policies in the entire service area. They were dealt a damn near impossible hand given the horrible sprawl and shit development, which tragically is still going on right now (barfs in general airport direction).
I thought I had read years ago that it was paid off, but looking it up now, you are right. I need to retract that part of it.