Comments :: Development stalled for some along future path of 540 loop
Development stalled for some along future path of 540 loop
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November 29, 2012 4:58 p.m.
November 29, 2012 4:55 p.m.
I had to travel the toll road (for work) @ 5 pm on a Friday and I could have built a house on the section from 147 to Davis drive. NO ONE was on it. I hear this same thing all the time from people that live in this area. The tolls are not paying for anything... Period. Anything else said on this is "creative" accounting... How in the world did this thing get passed as a toll road? I40 from Durham to Raleigh in both directions is not only woefully overcrowded, undersized but actually very, very dangerous to travel. I was hoping that the southern 540 loop would siphon off traffic for the southern end of Wake that now goes all the way to Wade ave, but if it is a toll road, NO ONE WILL USE IT! Who do we need to fire (or vote out...) to get this changed and how many more people need to DIE in I40 wrecks for the 540 project to move forward? Really, I am asking... Does anyone know?
November 29, 2012 4:35 p.m.
November 29, 2012 4:23 p.m.
so does that mean the westward, as Interstate 540 from N.C. Highway 264 in Knightdale to N.C. Highway 54 in Morrisville will never have to pay tolls?
November 29, 2012 3:51 p.m.
Hate to break it to you, but NO roads are free. TAXES (gas tax and other local, state, and federal taxes) are used to pay for non-toll roads. The money collected from tolls are used to pay for those roads. You pay for every inch of road you use.
November 29, 2012 3:45 p.m.
Reread the article. Until last year, the property was part of a "protected corridor" which restricts the development of the property. A developer would not pay much for a piece of land if he didn't know what he could do with it now would he?
You read about things like this in the paper occasionally. Someone buys a nice building lot for a premium price, but they can't afford to put a house on it at the time. They save their money, pay their taxes, and then start getting ready to build. Now the environmental rules have changed and the land is worthless. Worthless, only because new regulations call a dry lot a wetland or because someone finds fossilized fluted spotted canary eagle hawk oil dung on it. And the landowner suffers. I should say the taxpayer landowner suffers.
It should be dealt with.
November 29, 2012 3:32 p.m.
then are u saying they are lying and owner can sell the land. accoarding to article she can't do anything with it as long as state has it in the "headlock"...
November 29, 2012 1:45 p.m.
IMO if the state has grabbed "hold of it so to speak" taxes should not be paid by owner since owner has no cntrol over the land. but then the state isn't known for playing fair.
November 29, 2012 1:44 p.m.
November 29, 2012 12:52 p.m.