Click here for complete article > Denver Business Journal
April 17, 2015
This bill includes an estimated $100 million allocated to the Heartland Expressway north of Limon.
Business leaders and legislators are working on a plan to renew the state's transportation bonds first sold in 1999 and generate $3.5 billion to be spent on expanding Colorado highways over the next 20 years.
State Sen. Randy Baumgardner, R-Hot Sulphur Springs, is expected to introduce a bill Monday that would authorize a November ballot initiative asking statewide voters to approve the extended TRANS bonds (Transportation Revenue Anticipation Notes).
The measure will have a list of 50 priority projects identified by Colorado Department of Transportation — from Interstate 70 widening to Interstate 25 expansion between Denver and Fort Collins to work on more rural roadways like U.S. Highway 50 — and will seek to bond against 50 percent of the anticipated gas-tax revenue coming in from the federal government…