Jefferson City Senator Mike Kehoe, a former member of the sate transportation commission, has introduced legislation letting the transpiration department explore public0private partnerships to rebuild Interstate 70. Some advocates would let the private company that rebuilds the road charge tolls for decades to make up the costs and earn a profit.
Kehoe says the legislature needs to be thinking of things like this to finance rebuilding and maintaining 70 and other parts of the state system.
His plan would have the public-private partnership rebuild I-70 from the Interstate 64/Highway 40 intersection in eastern Missouri to Interstate 470 that goes around Kansas City.
Supporters say this approach would rebuild the highway in a much shorter time than the present financing system would allow. Critics say the tolls would be the equivalent of a three-dollar a gallon fuel tax increase and would hurt businesses along today’s highway