August 2, 2010 at 7:00 pm in INFORUM
A firm that owns the private toll bridge connecting north Fargo with north Moorhead has asked for more time to pay off the bridge’s debt before turning over ownership to the cities. Continue Reading
Tags: Fargo, Moorhead, news, roads, toll bridge, Transportation 12 Comments »
The bridge should be torn down. It is just to low, which creates river backup upstream. All the logs, trees, and debris catch on the bridge, and it acts like a dam holding back water. It never should have been built that low in the first place.
Like or Dislike: 10 16
As a “dam”, I believe that bridge is only at 30′. I have never seen water backed up from it, but if it would, 30′ isn’t going to hurt much upstream.
Like or Dislike: 3 4
No. No more taxpayer assisted bailouts for a private company’s failure to understand the market.
I don’t think this is a “bailout” they’re discussing. According to the article, they can either leave it a toll bridge and let the private company finish paying it off or the city can seize control and then find a way to pay off the remaining debt on the bridge. I doesn’t sound like there’s a way for the city to take the bridge and leave the debt with the private company unless there’s something I’m missing.
Like or Dislike: 14 2
I’d like to know, if the projections had been wrong and EVERYONE used the bridge so it was paid off in half the time, would the private company then kept all the extra tolls until 2013 as “profit”? It appears there was no risk to the private company. If the project isn’t financially successful, the cities must eat the losses. The only way this isn’t a bailout is if there was no reward opportunity for the private company. If they stand to gain on the upside and want the cities to pay on the downside, then it is a bailout.
Like or Dislike: 5 2
Their still paying for this? How long has this bridge been up, seriously? I think I can count on one hand how many times I’ve actually used it, and I bet I’m not alone in that.
Like or Dislike: 7 9
And I can count on one hand the number of times I’ve used the West Fargo Main Ave/I94 interchange over the past 15 years. Does that mean it’s worthless?
This bridge would be better utilized if it were not a toll bridge.
Like or Dislike: 15 3
I have to agree – it’s very rarely used. It doesn’t help that it’s the only tollway in the area so people aren’t used to paying. It also doesn’t help that there’s another set of bridges a mile south. I’m sure it helps people in that area who need to get to the hospitals fast but otherwise it only cuts out 5 mins of travel time to most destinations. Even if I lived right next to it and worked on the other side of the river, I don’t know if I could bring myself to pay .75 a day to use it regularly.
Like or Dislike: 5 7
That’s the thing. If it wasn’t a toll bridge more people would use it. As it is, I wouldn’t call it “rarely” used. I would bet there’s a similar number of cars using it as the County 20 Bridge. And many more pedestrians.
Like or Dislike: 3 2
I think the biggest problem with the toll bridge is that Fargo never designed 12th Ave as an arterial as Moorhead did with 15th Ave. It’s a great place to have a bridge, however the Fargo side was never updated to handle the potential traffic.
Like or Dislike: 6 2
I remember the fight over building this bridge in the first place. I was pretty young. My parents and our whole neighborhood were against it. We lived on 12th Ave in North in Fargo and they were so worried it would increase the traffic, businesses would pop up all over the place, and children would be killed in traffic. I remember once we all made signs of businesses and put them on our homes to protest. Everyone was so sure it was so badly needed and would get so much use and change everything. We protested and fought and fought, but it got built anyway.
Who would have thought that the opposite would happen?
My mother is no longer with us, but I think she’d appreciate the irony.
Like or Dislike: 7 1
raise your hands, everybody, didn’t we all see this coming years ago when the thing was built?
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