The Associated
Press released analysis of a Texas gubernatorial campaign ad
on October 15, 2006, and
erroneously stated that Spain-based
Cintra holds a
65-percent equity position in Cintra Zachry LP. That's
wrong.
The correct equity position is 85-percent with
Zachry Construction holding the small 15-percent equity
balance. Zachry holds a larger 35-percent position in
their collaboration with Cintra on SH-130 segments 5 and
6.
Associated Press also questioned the claim, "largest land
grab in Texas history." The AP compares the 4,000 miles
of the TTC to 41,755 miles of Texas farm-to-market roads
(1946-1989). In doing so they miss the glaring
difference of added land being taken for utilities, rail
and other purposes. Land taken for farm-to-market (and
ranch-to-market) roads range typically from 60-feet to
90-feet in width and many were constructed where roads
had already existed. The TTC, with a width of
1,200-feet, requires 13 to 20 times more land than a
farm-to-market road. All the farm-to-market roads built
over the last 50-years do not consume anywhere near as
much land as the TTC.