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Thread: Access Oklahoma Turnpike Projects

  1. #426

    Default Re: Access Oklahoma Turnpike Projects

    OTA also thought they could have started construction 2 years ago.

  2. #427

    Default Re: Access Oklahoma Turnpike Projects

    Quote Originally Posted by jn1780 View Post
    OTA also thought they could have started construction 2 years ago.
    yep the norman lawfare .. cost the state millions and millions of dollars ..

  3. #428

    Default Re: Access Oklahoma Turnpike Projects

    Quote Originally Posted by jn1780 View Post
    OTA also thought they could have started construction 2 years ago.
    I'm skeptical of this claim that construction could have started 1 year after the initial proposal. Environmental studies, permitting, public comment period, eminent domain proceedings all take more than 1 year.

  4. #429

    Default Re: Access Oklahoma Turnpike Projects

    Quote Originally Posted by BoulderSooner View Post
    yep the norman lawfare .. cost the state millions and millions of dollars ..
    Nothing about this is credible. Lol

  5. #430

    Default Re: Access Oklahoma Turnpike Projects

    The same thing has happened with ODOT. They’ve had to push projects back. TxDOT has had the same issue. North Carolina has had the same issue. And what BS said absolutely is true there is no way the lawsuits didn’t hinder this project and cost the state millions. It even led to the design of a less functional freeway that now will be even more burdensome for Norman due to the lack of service roads. More than likely this road is happening whether you like it or not and will ultimately help the town and the metro as a whole.

  6. #431

    Default Re: Access Oklahoma Turnpike Projects

    Quote Originally Posted by Jersey Boss View Post
    Nothing about this is credible. Lol
    saying the interest rate for the bond package is 5.15%. But if OTA had been able to enter the market a year ago, the interest rate was expected to have been about 4.44% due to inflation.

    that right there is around 200 million dollars

  7. Default Re: Access Oklahoma Turnpike Projects

    yup and Norman lost...they just dont realize it yet.

  8. #433

    Default Re: Access Oklahoma Turnpike Projects

    Quote Originally Posted by BoulderSooner View Post
    saying the interest rate for the bond package is 5.15%. But if OTA had been able to enter the market a year ago, the interest rate was expected to have been about 4.44% due to inflation.

    that right there is around 200 million dollars
    Had OTA properly done their homework and correctly followed procedures a trial judge would not have ruled against them in the first place.
    As far as I know their is still no proposed southern access route after the Corps of Engineers oppossed the initial route. Hardly citizen "lawfare" there.

    Norman did save the OTA millions of dollars by passing on the frontage roads so there is that offset.

  9. #434

    Default Re: Access Oklahoma Turnpike Projects

    Quote Originally Posted by Jersey Boss View Post
    Had OTA properly done their homework and correctly followed procedures a trial judge would not have ruled against them in the first place.
    As far as I know their is still no proposed southern access route after the Corps of Engineers oppossed the initial route. Hardly citizen "lawfare" there.

    Norman did save the OTA millions of dollars by passing on the frontage roads so there is that offset.
    they won at the supreme court ... . they were not wrong ..

  10. #435

    Default Re: Access Oklahoma Turnpike Projects

    Quote Originally Posted by Jersey Boss View Post
    Had OTA properly done their homework and correctly followed procedures a trial judge would not have ruled against them in the first place.
    As far as I know their is still no proposed southern access route after the Corps of Engineers oppossed the initial route. Hardly citizen "lawfare" there.

    Norman did save the OTA millions of dollars by passing on the frontage roads so there is that offset.
    Norman cost themselves millions of dollars probably much more than that an economic activity in doing so. So smart of them. The point of these roads is to foster and cater to economic growth in the metro. So getting rid of the frontage, roads was not a good thing.

  11. Default Re: Access Oklahoma Turnpike Projects

    Quote Originally Posted by Plutonic Panda View Post
    Norman cost themselves millions of dollars probably much more than that an economic activity in doing so. So smart of them. The point of these roads is to foster and cater to economic growth in the metro. So getting rid of the frontage, roads was not a good thing.
    Yup, that's why I'm saying they lost, they haven't gotten over their thinking that they "won" fighting OTA to realize that they lost in the long run. One day they will have to build it and it'll be much more expensive than it is today.

  12. #437

    Default Re: Access Oklahoma Turnpike Projects

    Quote Originally Posted by Jersey Boss View Post
    https://www.newson6.com/story/67329d...n-by-3-billion

    The OTA told News 9 in a statement the increase is due to inflation.

    “OTA started estimating the future long-range program in 2021 and could never have predicted the 60 percent inflation in the highway construction industry since that time,” the OTA said in part. “While it's impossible to plan for everything, the Authority believes this to be as realistic a cost estimate as possible through the end of the long-range plan.”

    This is just the initial increase. It will probably be another $2 billion in reality once its all said and done. The costs of the bonds as well is a whole other ball game.

    Our state does not have the money realistically to build like Texas does.

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