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Unbuilt 460 Project Could Cost State $500 Million

The Commonwealth could end up paying between $400 million to $500 million if the new U.S. Route 460 toll road is not built. Virginia Secretary of Transportation Aubrey Layne told the House Appropriations committee yesterday that the state has already paid $300 million in taxpayer funds and bonds for the project, a top priority of former Governor McDonnell, put on hold by current Governor Terry McAuliffe. The 55-mile road from Petersburg to Suffolk never received the required federal permits for construction to begin.

General Assembly Accepts Vetoes, Rejects Key Amendments

The General Assembly was unable to overturn any of Governor McAuliffe’s vetoes, though the House of Delegates rejected amendments to 11 bills with fiscal impacts that would delay their implementation until the passage of a budget. Republican Delegate Chris Jones of Suffolk, Chairman of the House Appropriations Committee says the amendments were unnecessary and selective. McAuliffe says it was fiscally irresponsible to sign the bills with no budget agreement in sight, amounting to multiple unfunded mandates.

Referendum Sought on Shockoe Bottom Development Plan

Paul Goldman, former Democratic Party of Virginia Chairman and senior advisor to former Mayor Wilder,  is gathering petition signatures to put approval of the proposed Shockoe Bottom stadium development before the voters of Richmond. Goldman says Mayor Jones has rushed the stadium project and has been purposefully vague on the details. The referendum he’s drafted would give Richmonders the final say on the stadium's fate.  The referendum would also lower the threshold of signatures to put future referendums on the ballot.

 

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