How will segments 5 and 6 of SH 130 be paid for?
On June 30, 2006 the Texas Department of Transportation announced approval of the state’s first concession agreement – a $1.3 billion private investment by the SH 130 Concession Company to build the remaining 40 miles of State Highway 130. Per the agreement, the SH 130 Concession Company will provide the funds necessary to complete segments 5 & 6 of SH 130 from Austin to Seguin. They also agree to pay millions of dollars for right of way costs, thus lifting the financial burden from Caldwell, Guadalupe and Travis counties.
