Comments
Niklas Bjorkman wrote: Firstly I agree with your conclusion. NewSQL takes the best of the traditional databases and NoSQL databases to combine the benefits of both worlds. I do not agree that NewSQL vendors focus on giving scale-out features to transactional data. The NewSQL market is focusing on giving true ACID support combined with extreme performance, stepping away from the traditional relational structures in databases. A lot of developers appreciate the ease of accessing data using SQL and I think we will see more and more databases supporting standard SQL. As you said - NewSQL databases often maintain the...

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Today's Top SOA Links


Tampa-Hillsborough Expressway Authority (THEA) Becomes Independent

TAMPA, Fla., Dec. 20, 2012 /PRNewswire/ -- Tampa Bay has a newly independent financing tool to help road construction in the Tampa Bay community move faster and become more responsive to the needs of local drivers.

Through the sale of more than $455 million in bonds Thursday, THEA has attained financial independence from the State of Florida.  This action enabled THEA and the Florida Department of Transportation (FDOT) to terminate their lease-purchase agreement and confirm THEA's absolute ownership of the Lee Roy Selmon Expressway and other assets.

"The Tampa-Hillsborough Expressway Authority is hitting the fast lane thanks to this historic action," said Stephen Diaco, Chairman of the Expressway Authority Board of Directors.  "Every cent collected by THEA remains in our community; that means more transportation investments and solutions for our customers."

Additional local road construction projects will receive new funding thanks to Thursday's bond sale, including part of the I-4 Connector, which will provide a tolled link between I-4 and the Lee Roy Selmon Expressway.   Proceeds from the THEA bond sale will refinance all outstanding Series 2002 and 2005 bonds that were issued by the state on behalf of the Expressway Authority, repay a $49.2 million loan made by the FDOT from the State Infrastructure Bank, and repay a $7.4 million loan from the state Toll Facilities Revolving Trust Fund.  This will free up over $33 million for new work by the Department.

Ahead of the bond sale, THEA received credit ratings of "A3" by Moody's Investors Service and "A-" by Standard & Poor's.  Both agencies assigned 'positive' outlooks to the Expressway Authority's debt.

About Tampa Hillsborough Expressway Authority:

Tampa Hillsborough Expressway Authority (THEA) is a user-financed public agency led by a Board of local citizens. Operating with no tax dollars, THEA owns and maintains the Lee Roy Selmon Expressway, as well as two non-tolled roads, Brandon Parkway and Meridian Avenue. All tolls collected by THEA are reinvested into projects in Hillsborough County. For more information, visit www.tampa-xway.com.

SOURCE Tampa Hillsborough Expressway Authority

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Web 2.0 Latest News
Legos have been a part of my life for as long as I can remember. Some of my earliest, fondest memories involve Legos - starting from a small car made from a couple of simple bricks to very complex spaceships and wild creatures. I’m always amazed at how nicely and cleanly they snap toge...
“Trust is an ongoing journey and sits at the foundation of any vendor relationship – the companies that don’t consistently earn trust won’t be around long,” noted Henrik Rosendahl, Senior VP of Cloud Solutions at Quantum, in this exclusive Q&A with Cloud Expo Conference Chair Jeremy Ge...
Our more interconnected planet is accelerating the adoption and convergence of next-generation architectures, in the form of cloud, mobile and instrumented physical assets. Organizations that can effectively balance optimization and innovation, will be in a position to leverage new sys...
A recent study by analyst firm IDC reports that in 2012, 1.7 million cloud computing-related roles across the globe could not be filled due to the lack of training, certification and experience in the applicant pool. As the global demand for cloud and big data expertise increases, empl...
New technologies allow schools, colleges and universities to analyze absolutely everything that happens. From student behavior, testing results, career development of students as well as educational needs based on changing societies. A lot of this data has already been stored and is us...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021


SYS-CON Featured Whitepapers
ADS BY GOOGLE