Monday, June 23, 2008

Extension

The Pennsylvania Turnpike lease was extended 30 more days after the Rendell administration was able to broker an agreement.

The offer was set to expire last Friday, but the current terms ($12.8 billion for 75-years) will simply be extended for another month.
"They understood that we are involved in a legislative process," administration spokesman Chuck Ardo said today. "They agreed that the [JUNE 20]target date was unattainable. They are willing to work with the Legislature as long as it appears that there is movement on the issue."

No comments: