Board OKs $100 million for Raleigh-area toll road.
| Date | 01 November 2022 |
| Author | Campbell, Colin |
The State Board of Transportation gave the green light last month to speed the final section of the Interstate 540 loop around Raleigh.
Meeting in Topsail Beach, the board approved a request from the N.C. Turnpike Authority to provide as much as $ 100 million in advance funding for the project. Chief Financial Officer David Roy said a similar financing approach was used for the Holly Springs-to-Garner section that's under construction.
The move will allow the Turnpike Authority to begin...
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