E-470 Dismisses More than $500,000 in Revenue After Waiving Tolls During I-25 Tanker Fire in Denver
DENVER—The Transportation Commission today accepted E-470's proposal to dismiss nearly $547,000 in tolls that were waived for 161/2 hours during the May 31 tanker fire on I-25 in the Denver Tech Center area.
Traffic was detoured to E-470 while CDOT and emergency crews responded to the tanker fire, including putting the fire out, cleaning up and repairing I-25. Tolls were waived on northbound and southbound E-470 to help keep traffic flowing safely.
The Commission will reimburse $6,503 in operating expenses for the detour. This includes E-470's staff time, assistance with messaging and traffic control, and other services needed to waive the tolls during this time period.
"The partnership between E-470 and CDOT demonstrates the power of collaboration to work swiftly and decisively in a crisis, resulting in traffic and commerce moving safely through the Denver metro area during one of the worst incidents on I-25," said CDOT Executive Director Shailen Bhatt.
According to the E-470 Public Highway Authority Board Chair Josh Martin, the board, composed of elected officials from each of the Authority's eight member governments, took an active role in the detour analysis and final decision to dismiss the net toll revenue loss of $546,703 that resulted from the detour.<?
"E-470 was happy it could help its partner CDOT in this unprecedented event, ultimately improving safety and transportation for those impacted,” Martin said.
