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DOTD asks Lake Charles port to concur in revised I-10 Calcasieu River Bridge P3 deal with lower tolls and revenue share
Summary
DOT Secretary Joe Donahue asked the Lake Charles Harbor and Terminal District to concur with a revised public-private partnership for the I-10 Calcasieu River Bridge that lowers large-truck tolls, expands a local discount and would return 14——% of toll revenue to the state at financial close.
Joe Donahue, secretary of the Louisiana Department of Transportation and Development, asked the Lake Charles Harbor and Terminal District on Jan. 29 to concur with a renegotiated public-private partnership for the I-10 Calcasieu River Bridge that reduces projected state exposure and modifies the toll structure.
Donahue said the project would replace the existing four-lane span with a new six-lane bridge and modify nearby interchanges. Under the revised terms, local private vehicles registered within the five-parish area that obtain a free transponder would pay a 25-cent local toll regardless of vehicle size; large-truck tolls have been reduced from roughly $12.50 to $8.25 with a transponder. The state also…
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