Transactions
Jan. 22, 2003
Orange County Purchases 91 Express Lanes Toll Road
By Toni Vranjes The new year brought a new owner for the 91 Express Lanes. Ownership of the toll road officially shifted to the Orange County Transportation Authority on Jan. 3. The agency bought the 10-mile road, which connects Orange and Riverside counties, from the California Private Transportation Co. The purchase frees the state from a controversial noncompete agreement, which prohibited it from making improvements to the Route 91 freeway until 2030.
Ownership of the toll road officially shifted to the Orange County Transportation Authority on Jan. 3. The agency bought the 10-mile road, which connects Orange and Riverside counties, from the California Private Transportation ...