Thursday, August 04, 2005

Local Toll Road News

The country's first freeway tolling authority chair, Robert Tesch, files for ANOTHER bankruptcy
Cedar Park Associates, wholly owned by Central Texas Regional Mobility Authority Chairman Robert Tesch and his wife, filed for Chapter 11 bankruptcy protection this week. Tesch's business has failed to pay over 3 million dollars it owes to Regions Bank.
Dewhurst is Disappointed
"I'm disappointed by Speaker Craddick's statement and the apparent unwillingness of the House to continue considering school reform," Dewhurst said. "Because of today's comments by the Speaker, I will meet with Gov. Perry and senators to discuss our available options."
And the governor wants to keep fighting
"I don't think there's ever been a war won waving a white flag," Perry said shortly before Craddick's statement. "I think that we will work towards getting the absolutely best solution that we can given all the cards that they have to play with."

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