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Re: irishintelligence post# 9040

Friday, 03/23/2018 10:16:23 AM

Friday, March 23, 2018 10:16:23 AM

Post# of 11618
Its a 20 year tolling agreement (maybe 25).

There already is the Ambassador bridge which is owned by the Mouron family. Due to the size of the tunnel many trucks especially open trucks carrying cars (a key thing in Detroit) use the bridge). The bridge also has untaxed fuel due to it being on the border. (Gas is usually cheaper by $.20/gallon but Mouron saves $.60/gallon in taxes that he doesn't have to submit to either country - which is what has made him rich.

The other new bridge is supposed to be start work here in 2018 with the selection of a construction company. Last I remember is that the Candians are so upset with the US that they are paying the full 100% and will own 100% on completion. I know the Mouron family has sued in damn near every court which has slowed the process but I think most of those appeals are dead and it will happen. This will definitely hurt the sale price.

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