Since 2003, Mike Heiligenstein has been the Administrative Director of, (CTRMA), Central Texas Regional Mobility Authority .With its initial foundation in 2002, CTRMA is an independent government agency. Its initial inception was to create a regional and modern transport system in Central Texas. The Mobility Authority started its operations in 2003 upon acquiring Mike. The Mobility Authority is the leader in operations of toll roads. Mike has a Master’s Degree in Government as well as Business Administration from the University of Texas.
Mike Heiligenstein is well renowned in Central Texas. He has served as a representative to the inhabitants of Central Texas for 23 years as an elected personnel of Williamson County but as a public official for 30 years. Aside from this, Mike has also played a major role in leading the efforts to improve transport, water, and wastewater management projects. He worked in the regional MPO while under his tenure as an elected official. Under his belt of experience, he also served on the Austin_San Antonio Corridor Council, chair of the Clean Air Force of Texas alongside many more infrastructure projects for the community. With their toll road systems, CTRMA is looking at $4billion in assets by the year 2020 and a steady revenue income estimated to go up to $136.5 million in the same year.
During an earlier interview, Mike says that he is not quite optimistic about the resolution of Interstate 35 due to its great demand in the coming 20 years. In a large number of locations, it is practically impossible to increase the number of lanes in their present state. Another issue hindering this would be the fact that many of the cities and neighbourhoods are not welcoming of the idea to expand, be it vertically or horizontally. Due to this, the State Highway 130 has proven to be a tough undertaking, and a long term project as the traffic is largely local. That means finding a means to increase the capacity.
The toll road project, in Austin, has allowed the CTRMA to leverage public money a project of which, currently exceeds $1 billion to complete. Their previous project, that saw 183A being extended, was fully funded by the users’ revenue. Mike says that the investors do their research on the presented projects before committing any funding and they always like what is presented. Their last project brought in more than $300 million, finding themselves oversubscribed by investors. Mike notes that Eagle Shale could use toll-style tag system to charge trucks on county roads as these roads are not designed to undertake such weight.
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