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OTA Statement on Bond Sales, Toll Increase

Wednesday, December 14, 2016

OKLAHOMA CITY, Okla. (Dec. 14, 2016) – The Oklahoma Turnpike Authority (OTA) statement on recent activity by the Oklahoma Supreme Court.

"The core mission of the Oklahoma Turnpike Authority is to make sure that turnpike travelers have a safe and efficient means of transportation. Our commitment is to provide safe roadways that help to meet the needs of all Oklahomans. We appreciate the work of the Oklahoma Supreme Court and the timely decision. We will begin to put into place a detailed bond financing plan so we can continue with the delivery of Governor Fallin’s Driving Forward program.  These important transportation investments will provide relief opportunities for rapidly developing congestion in the metropolitan areas of Tulsa and Oklahoma City, modernize additional segments of the turnpike network and create a safer overall travel experience for the future of our state.  It is the anticipation of The Authority to be in the bond market by mid-January."

Tim J. Gatz

Executive Director

Oklahoma Turnpike Authority

For more information about the Oklahoma Turnpike Authority, please visit www.pikepass.com.

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About Oklahoma Turnpike Authority

Oklahoma Turnpike Authority was established in 1947 to construct, operate and maintain Oklahoma turnpikes. Today, Oklahoma turnpikes are the safest and quickest ways to travel across the state. Oklahoma Turnpike Authority is managing multiple renovations throughout the state to maintain and operate the turnpike system to the highest standard. To learn more about the Oklahoma Turnpike Authority and recent projects, visit, www.pikepass.com.

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