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2013 SESSION

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HB 1696 Dulles Toll Road; authorizes VDOT to enter into an agreement with MWAA.

Introduced by: J. Randall Minchew | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Dulles Toll Road and the Dulles Corridor Metrorail project. Authorizes the Virginia Department of Transportation to enter into an agreement with the Metropolitan Washington Airports Authority (MWAA) whereby MWAA would reduce tolls on the Dulles Toll Road in exchange for the Commonwealth's moral obligation backing of bonds, not exceeding an aggregate principal amount of $500 million, issued by MWAA to fund Phase 2 of the Dulles Corridor Metrorail project.


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