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The Water Cooler
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New turnpike expansion
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<blockquote data-quote="Billybob" data-source="post: 3766513" data-attributes="member: 1294"><p>Not Norman but still turnpike related. Turns out the new Gilcrease extension will be a toll road, more interesting is it's financing. Most turnpikes are financed by bonds, this one combines a fed loan ($120.6mil.) and a "build-finance contract, with partners Duit Construction and National Bank of Canada"($261Mil), could they not get the bonds approved and did no American banks think it was a good loan?</p><p>[URL unfurl="true"]https://www.shimmick.com/portfolio/gilcrease-expressway/[/URL]</p><p></p><p>[URL unfurl="true"]https://www.msn.com/en-us/news/us/weve-been-lied-to-berryhill-residents-upset-over-gilcrease-expansion-tolls/ar-AAW1D4C[/URL]</p></blockquote><p></p>
[QUOTE="Billybob, post: 3766513, member: 1294"] Not Norman but still turnpike related. Turns out the new Gilcrease extension will be a toll road, more interesting is it's financing. Most turnpikes are financed by bonds, this one combines a fed loan ($120.6mil.) and a "build-finance contract, with partners Duit Construction and National Bank of Canada"($261Mil), could they not get the bonds approved and did no American banks think it was a good loan? [URL unfurl="true"]https://www.shimmick.com/portfolio/gilcrease-expressway/[/URL] [URL unfurl="true"]https://www.msn.com/en-us/news/us/weve-been-lied-to-berryhill-residents-upset-over-gilcrease-expansion-tolls/ar-AAW1D4C[/URL] [/QUOTE]
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The Water Cooler
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New turnpike expansion
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