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Public Works Financing, May 2010 News Summaries:

NYC Goethals Bridge Challenges P3 Builders
Distressed Debt Investing
Doyle Drive P3 Deadline Looms
North Tarrant Extension Awaits TIFIA
Michigan Key To DRIC Bridge Puzzle
Denver Eagle Rail P3 Award Soon
Virginia Route 460 Scope Cutting
Quals In For Georgia Managed Lanes
Rialto, Calif. Water Concession
Winnipeg Picks Veolia For 30-Year Alliance
Veolia In Line For Paris Water Contract
Muni Tax Receipts Rebound Strongly
U.K. Ponders Road Sales
London Nationalizes Tube Lines
M6 Refinancing Outlook Dim
Failed Sydney Toll Tunnel Finds Buyer

Michigan Key To DRIC Bridge Puzzle

Michigan lawmakers appeared unlikelyto reach an agreement by their self-imposed deadline of June 1 over whether to build a new bridge to Canada through a public-private partnership. Most Democrats, automakers, many unions and business groups support a new publicly controlled bridge about 2 miles downriver from the privately owned Ambassador Bridge. Republicans—along with Ambassador Bridge owner Manuel "Matty" Moroun—remain steadfastly opposed to public funding of a new bridge despite an offer from Canada to fund most of Michigan's share...

 
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