Free-Loading Lake Crossers, The Party's Over

If you want to repair the aging 520 bridge, you'll have to pay tolls. We knew that. But State Treasurer Michael Murphy says you'll need tolls both on I-90 and 520 to pay for the project--and he won't issue bonds needed to finance construction without them:
"I will not authorize the debt to be issued for a project that can't pay for itself," Murphy said. "In order for the thing to work, both bridges -- period -- need to be tolled, not parts of bridges, not certain lanes."Murphy's got credibility--he was an early and prophetic critic of the Seattle Monorail's financing plan. He's also the only guy who can issue the bonds. Without his say-so, the project won't happen.Murphy said it's time for lawmakers to face reality.
"Now push is coming to shove and decisions have to be made," he said. "I don't think anybody likes that idea of having to toll regionally as opposed to specifically. But the reality check is this: You can afford it or you can't afford it. If you can afford it, how are you paying for it?
The original I-90 bridge opened in 1940, tolls went away in 1946. 520 was a toll bridge from 1963-1979--the old toll plaza is now where you catch the bus. Oh well--it was fun while it lasted.


