Public-Private Partnership Disasters

California: Delta College Tracy
Center-Mountain House Campus

The Delta College Tracy Center-Mountain House campus is another P3 disaster from around the world - a disaster much like the failures (SR 91 and SR 125) that have cost California taxpayers hundreds of millions more than they should have. Because they are so profitable, it is not a surprise that multi-national companies and Wall Street investment houses want to bring more such P3s to the "lucrative" California market.
 

The Public Interest Alternative __________  
  • Require competitive bidding.

  • Require public oversight, design and inspection to ensure public safety and cost controls.

  • Utilize tax exempt public financing which is as much as 35 percent lower than private borrowing.

  • Tolls should be reinvested in our transportation and other public infrastructure.

  • Prohibit non-compete clauses and cash payments that prevent improvements to competing public roads, increasing congestion.

__________
1 "San Joaquin County Civil Grand Jury: Final Report – Case No. 12-06 – San Joaquin Delta Community
 College
2 "Delta Trustees Charged with Wasting Millions in Bond Funds," The Stockton Record, June 19, 2008
 

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