Cibolo Parkway toll road,

  • Raw Deal: Private toll company weasels sweetheart deal out of Cibolo

    So what’s in that controversial private toll road contract?
    By Terri Hall
    March 9,2017

    After a controversial decision by the Cibolo City Council to give development rights for a private toll road to a corporation that's never even built a road last week, Cibolo Mayor Allen Dunn has been busy shooting the messenger. The Development Agreement, kept secret from the public prior to its approval last week, was finally made public and it verifies and validates citizen concerns. When the terms of an exclusive 50-year development agreement was negotiated in secret and handed to a single private firm in a no bid contract, it shouldn't surprise elected officials when the public is irate.

    The city signed an irrevocable development agreement with, Cibolo Turnpike, an entity created by the investors of Texas Turnpike Corporation. The draft operating agreement requires the city to repay all the company's debt and the net present value of future distributions (anticipated revenues) if it wants out of the deal -- after it's built. There is no other way out for the city, however, there are lots of exit strategies for the company.

    So what are some of the other red flags? First, the agreement seeks to give operational control of the non-toll portion of FM 1103, a state highway, to the private company.
  • Schertz fights back against Cibolo's private toll road scheme

    Link to article here.(Note: The article at this link is modified from the one below. It addresses the connection to the NAFTA superhighway network in North America)

    Revolt: Sister city fights back against Cibolo private toll road

    By Terri Hall
    April 6, 2017

    A funny thing happened on the way to handing over a public highway to a private toll operator —a sister city said an unequivocal, ‘No!’ A small suburb of San Antonio, the city of Cibolo, inked an irrevocable deal to hand an existing public highway, FM 1103, over to a private toll company so it could place express toll lanes down the middle, granting it the exclusive right to operate both the toll lanes and the existing free lanes for the next 50 years. FM 1103 runs through the city limits of Schertz before it connects to Interstate 35. But what Cibolo didn’t count on was its neighboring city not cooperating with the scheme.

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