Golden calls Portuguese toll-road deal
'shortsighted'
September 5, 2007
By Kevin Flynn, Rocky Mountain News
Golden says the deal to turn the Northwest Parkway
toll road over to a Portuguese company for 99 years
guarantees a "century of congestion" because it
discourages widening of other roads that could lure
toll payers away.
The city, which has been fighting plans to
complete the metro beltway - of which Northwest
Parkway forms a nine-mile arc - said the no-compete
clause in the deal between the parkway and Brisa
Auto-Estradas de Portugal "intentionally ties the
hands of local and regional governments and the
state to address transportation needs in this area."
The agreement, signed last week, gives Brisa the
right to receive make-whole payments from the
authority or to back out entirely from the contract
if the state, nearby cities or counties build roads
that could reduce toll-paying traffic.
Such clauses have been standard in many toll-road
deals.
"To intentionally impose a century of congestion
on future generations in exchange for this
short-term bailout is shockingly shortsighted," said
Golden Mayor Pro Tem Jacob Smith.
The agreement specifically says Brisa is entitled
to compensation or to cancel the deal if the state,
Broomfield, Weld County, Lafayette or another
highway authority build any highway that comes
within five miles of the parkway for at least a
five-mile distance.
It also calls for compensation or cancellation if
160th Avenue is extended west from Sheridan Parkway
to connect to South Boulder Road at 120th Street in
Lafayette, or if mass transit improvements are made
in the corridor.
The lease specifically excludes already approved
FasTracks projects along U.S. 36, along with planned
extensions to Colorado 128 and Colorado 93.
The Colorado 93 extension has Golden concerned.
The city opposes extension of the beltway down
Colorado 93 and U.S. 6 to connect with C-470 on
Golden's south side. The city says that would split
Golden in two.