MTA-Annual_Report_2007

Maine Turnpike Authority Annual Report 2007

T H I N K I N G A H E A D

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Maine Turnpike Authority Annual Report 2007

Table of Contents

Maine Turnpike Authority ............................................2

Technology..........................................4

Maintenance ......................................6

Capital Improvements....................10

Traffic Management........................14

Traffic and Revenues ......................16

Toll Revenue and Transaction Comparison ................17

Financial Statements withIndependent Auditors’ Report ......19

Maine Turnpike Authority Executive Staff & Consultants ......29



When traveling, it is always important to know your destination and to have a clear plan for your journey. At theMaine Turnpike Authority, our destination is providing a safe, convenient and efficient travel experience for our customers.

To reach our destination, we are committed to “thinkingahead.” We have developed a long-term business plan, one that sets out goals for the care and maintenance of thehighway and its facilities. It also ensures that we have therevenues to see that plan through.

This past year has been a challenging one in transportation:rising fuel costs, a sluggish economy and one of the mostchallenging weather cycles in recent history with torrentialspring rains and heavy winter snowfall. Those events havebeen reflected in relatively flat traffic and revenue growthfor the highway.

Fortunately, the Maine Turnpike’s reality-based businessmodel is built to anticipate and adjust to economic changeswhile still making the critical investments to maintain andimprove the highway. This stability is important to our customers, our investors and to the economic well-being of Maine.

We appreciate the strong community support we receiveand the constant encouragement to keep thinking ahead.We especially would like to thank Governor Baldacci, theMaine Legislature, community leaders, our employees, contractors and especially our customers who helped usmake 2007 a safe and successful year.

Sincerely,

Dear Traveler

Gerard P. Conley, Sr. Paul E. Violette

Paul E. VioletteExecutive Director

Gerard P. Conley, Sr.Chairman


2 I 3 Maine Turnpike Authority Annual Report 2007

Maine Turnpike Authority

The Maine Turnpike Authority was established by the MaineLegislature as an independent state agency in 1941 andcharged with the task of creating a user fee highway that, in the six decades since, has become the lifeline of Maine’seconomy.

The initial 45-mile length of the Maine Turnpike from Kitteryto Portland was completed in 1947. It was the first “super-highway” in New England and only the second modern tollhighway built in the United States. A 64-mile extensionbetween Portland and Augusta, including a three-mile spur in Falmouth, was completed in 1955.

At the conclusion of 2007, the 109-mile Maine Turnpikeincluded 65 miles of divided four-lane and 44 miles of dividedsix-lane highway, 168 bridges and 19 interchanges, 19 tollplazas, seven maintenance facilities, six service plazas, anadministrative building, an E-ZPass customer service centerand a state police headquarters. The Maine Turnpike continues to serve as the state’s most important artery, handling more than 209,000 vehicle transactions daily and atotal of more than 76.6 million vehicle transactions in 2007.

A seven-person board, appointed by Maine’s governor andconfirmed by the Maine Senate, governs the Maine TurnpikeAuthority. This board oversees maintenance, construction,operation, finance and management of Maine’s most traveledhighway. In 2007, the following seven individuals served onthe Maine Turnpike Authority.


Gerard P. Conley, Sr.ChairmanRetired, Chairman, MaineUnemployment CompensationCommissionFormer President, Maine SenateResidence: Portland,Cumberland County

Lucien B. GosselinVice ChairmanPresident, Lewiston/AuburnEconomic Growth CouncilResidence: Lewiston,Androscoggin County

Richard ValentinoMemberRetired attorney, business ownerand developer Residence: Saco, York County

Harland C. GoodwinMemberGeneral Manager, Spring HillRestaurant and Banquet FacilityResidence: South Berwick, York County

Douglas A. VolkMemberPresident, Volk PackagingCorporationResidence: Portland,Cumberland County

Gregory G. NadeauMember Ex-OfficioDeputy Commissioner, MaineDepartment of TransportationResidence: Lewiston,Androscoggin County

Earl L. Adams MemberRetired, AdjutantGeneral/Commissioner of the MaineDepartment of Defense, Veterans and Emergency ManagementResidence: East Pittston, Kennebec County



E-ZPass usersapproaching 50 percent

In 2007, the Maine TurnpikeAuthority continued to invest in highway and informationtechnology to enhance safety,efficiency and customer service.

Foremost among these innova-tions is electronic toll collection(ETC). The Maine Turnpike was anearly adopter of the technology;it was the first toll highway inNew England to introduce ETCwhen the Authority installed itsTranspass system in 1997. InFebruary 2005, the Turnpikeconverted to the multi-state E-ZPass system. Today, E-ZPasscontinues to streamline revenuecollection and reduce costs.

Approximately 48 percent of the vehicles that traveled theMaine Turnpike in 2007 paidtheir tolls electronically with E-ZPass, reducing congestion,emissions and highway operatingcosts. The Maine TurnpikeAuthority expects to surpass the 50 percent mark before theend of 2008.

A recent analysis by theTurnpike’s chief consulting engineer estimates that electronic toll collection hassaved $8-10 million per year in staffing and operations costs.The analysis also stated thatwithout the efficiency of E-ZPass, the Turnpike wouldhave had to invest tens of millions of dollars to reconstructand expand toll plazas toaccommodate traffic growth.

In 2007, the Turnpike Authorityboard of directors voted tointroduce “highway speedtolling” when it replaces theaging toll plaza in York with amore efficient and modern facility.The technology will allow E-ZPass users to pay their tollsby passing beneath a sensor at55-65 miles per hour. The newhighway speed tolling facility is expected to be operational in 2011. The Turnpike Authorityalso approved installation ofhighway speed toll lanes at theNew Gloucester mainline tollplaza.

Highway advisory radioupgraded

For nearly a decade, the MaineTurnpike Authority has operateda network of radio transmitters(Turnpike Radio 1610 AM) thatprovide regularly updated infor-mation to travelers regardingweather, construction and trafficdelays. The first transmitterwas installed in 1997 near mile32 in Saco. Since then, the network has grown to include11 transmitters at key locationsalong the 109-mile highway.

In late 2007, the Authorityupgraded the system to satellitetechnology. The new technologyhas vastly improved the broad-cast quality by synchronizingsignals, so travelers will notreceive overlapping transmissions.The result is clear messages thatcustomers have found easier toreceive and understand.

Traffic cam networkexpanded

The Maine Turnpike’s communi-cations center staff in Portlandoversees contacts with customersand public safety personnel viaradio, e-mail alerts, web site,electronic highway messageboards and the Authority’s network of traffic cameras. The “traffic cams” allow communications personnel tomonitor traffic on heavily traveled sections of the highwayand at busy interchanges. Theyare also on view at the Turnpikeweb site (maineturnpike.com).

In 2007, the Turnpike addedthree new traffic cameras tothe network for a total of 12traffic cams. The new camerasbroadcast 24-hour images fromthe Biddeford interchange facing north near Route 111(one new camera) and northand south bound views at theGray interchange (two cameras)where there has been a signifi-cant increase in vehicle trafficin recent years.

Technology

The Turnpike Authorityupgraded 11 transmittersin the Highway AdvisoryRadio network to satellitetechnology, resulting inclearer signals that can besynchronized along thelength of the highway.

Location Mile Marker

York I-95 SB ..........................................7.3

Wells I-95 SB......................................19.1

Saco I-95 NB ......................................31.5

Scarborough I-95 NB .......................43.0

Falmouth Exit 53.................................53.0

Gray I-95 SB ......................................63.3

Auburn Exit 75 NB.............................75.0

Lewiston Exit 80 SB On-Ramp........80.3

Litchfield I-95 NB...............................89.2

West Gardiner I-95 NB ..................100.2

Augusta I-95 SB...............................108.7

C L E A R S I G N A L S


4 I 5Maine Turnpike Authority Annual Report 2007

E-ZPass technology has reduced fuel consumption and vehicle emissions.It also has proven enormously popular among Maine Turnpike customers.

Number of E-ZPass transactions in 2007 39 million

Percentage of total transactions 48%

Number of tags issued in 2007 21,000

Total tags issued since 2005 148,000

2007 Maine E-ZPass facts


The Maine Turnpike is a majoreconomic link that connectsMaine citizens and businessesthroughout the region. Keepingthe highway, its bridges andother facilities safe, efficientand convenient is paramount tothe Authority’s mission.

The Authority maintains sevenmaintenance centers within thehighway corridor. Working fromthese locations, the Turnpike’sexperienced and skilled mainte-nance staff manages the day-to-day care of the highway –from snow plowing in the win-ter and brush removal in thespring to traffic control androadway repair throughout theyear. Maintenance staff alsoare responsible for keeping the grounds and facilities ofTurnpike service plazas attractiveand in good order. During summerhigh traffic and winter nights,maintenance staff work assafety patrols that monitor thehighway and aid travelers thatmay be stranded due tomechanical problems.

In addition to general mainte-nance, the Turnpike Authorityfollows a 20-year business planthat enables the agency to perform timely and criticalrepairs to protect its investmentin the highway, bridges andbuildings. In 2007, the Authorityundertook several major capitalprojects.

Three bridges completed

Bridge reconstruction and rehabilitation continue to be apriority for the Maine TurnpikeAuthority. The Authority overseesthe maintenance and repair of168 bridges within the highway

corridor. Twenty years ago, withmany of its bridges approachingthe end of their 50-year lifespan,the Turnpike embarked on amajor bridge maintenance andreconstruction program.

Since 1997, the Authority hasreconstructed or rehabilitated 47bridges (more than 25 percent).The rigorous maintenance andrehabilitation program has paidoff with increased safety andimproved travel conditions forMaine Turnpike customers. In their annual 2007 inspectionof Maine Turnpike bridges, the Turnpike’s chief consulting engineer, HNTB, found thatTurnpike bridges that have beenrehabilitated or reconstructedduring the past 20 years are in

Maintenance

A construction crew eases abridge beam into place. The

Maine Turnpike Authorityencourages night construction

to avoid major traffic delays.

Project Manager Scott Warchol is one of several staff members who overseequality assurance on Maine Turnpikeprojects.

The Maine Turnpike fast-tracked construction on theCongress Street Bridge in Portland. The bridge that carries14,000 vehicles a day, was rebuilt in just nine months byTechnical Construction of Turner, Maine.


Maine Turnpike Authority Annual Report 2007 6 I 7

Location Mile

St. Lawrence Railroad..................................72.0Washington Street .......................................73.1Burnt Mill Road.............................................19.9Forest Avenue (NB).......................................50.0Forest Avenue (SB) .......................................50.0Riverside Street (NB)....................................51.2Riverside Street (SB) ....................................51.2Goddard Road (NB).......................................79.6Goddard Road (SB) .......................................79.6Huntington Hill Road....................................91.9High Street..................................................103.6Falmouth Road..............................................52.0

Two Rod Road Underpass............................42.0

Broadturn Road Underpass..........................39.9Jetport Exit 46 Underpass ...........................46.3Hunt’s Hill Road Overpass (NB)...................61.6Hunt’s Hill Road Overpass (SB) ...................61.6

Stevenstown Road Underpass....................96.5

Captain Thomas Road Underpass...............14.8B&M Railroad (NB) Overpass......................19.0Route 109 (NB) Overpass.............................19.1Exit 19 (NB) Overpass...................................19.3Mousam River Overpass..............................25.5New County Road Underpass .....................34.4Flag Pond Road Underpass..........................38.1Beech Ridge Road Underpass.....................41.4Holmes Road Underpass .............................43.0Center Road Underpass...............................62.9

Coles Hill Road Underpass ..........................21.7High Street Underpass.................................23.6Cat Mousam Road Underpass ....................24.7Route 35 Underpass.....................................25.3North Street Underpass...............................35.3Rand Road Underpass..................................47.3Rand Road Connector Underpass ...............47.4Route 9 Underpass.......................................86.1

Kennebunk River Overpass..........................27.2Old Alfred Road Underpass.........................30.3Exit 32 Biddeford Underpass.......................31.6South Street Underpass...............................32.8

Brighton Avenue Underpass........................48.3Northern Avenue Overpass (NB)...............104.6Northern Avenue Overpass (SB) ...............104.6

Westbrook Street Underpass......................47.1

Congress Street ............................................46.4South Main Street........................................77.6Cobbosseecontee Stream............................99.2

Year

1997

1998

1999

2000

2001

2002

2003

2005

2006

2007

Maine Turnpike Bridge Rehabilitation 1997-2007


good-to-excellent condition.Bridges that have yet to berehabilitated are in fair condition.

During 2007, Turnpike engineersoversaw three major bridgereconstruction and rehabilitationprojects: the Congress StreetBridge in Portland, the SouthMain Street Bridge in Auburnand completion of theCobbosseecontee River Bridgein Litchfield, a project begun in2006. In addition, the Turnpikecontinued to partner with theMaineDOT on reconstruction ofthe Payne Road Bridge, a

MaineDOT-owned bridge thatspans the Maine Turnpike in South Portland. Emergencyrepairs also were completed on the Lunts Hill Bridge inLitchfield, that was struck by anoverheight truck in June 2007.

Maintenance

If the highway is allowed to exceed 75 percent of its lifespan, the cost ofpavement rehabilitation will be four to five times as expensive.

13 years 18-20 years 21-25 years

10 lane miles rehabilitated

Pavement rehabilitation is a priority of the Maine TurnpikeAuthority’s 20-year capital plan.Studies show that proper andtimely pavement maintenancecan result in major cost savingsand significantly extend the lifeof the pavement.

In 2007, the Turnpike completedtwo major paving projects –north and southbound travellanes from Mile 64 in Gray toMile 68 in New Gloucester andthe interchange ramp at Exit 36in Saco. Those two projects,representing 10 lane miles,capped an extensive five-yearpaving program on the highway.During that time, the Authorityhas rehabilitated pavement on148 of a total 632 lane miles or23 percent.

Turnpike contractors recycle pavementto reduce truck trips and costs.


Maine Turnpike Authority Annual Report 2007 8 I 9

A crew from Pike Industries of Lewiston, Maine,at work paving a section of highway betweenGray and New Gloucester (Mile 64-68).

Pavement Rehabilitation

Year Mile Location

2003 23-25 Kennebunk-Biddeford56-59 NB Cumberland-Gray68-75 New Gloucester-Auburn

2004 25-27 Kennebunk98-102 Litchfield-Gardiner102-109 Gardiner-Augusta

2005 59-64 NB Gray85-89 Sabattus

2006 75-81 Auburn-LewistonExit 80 ramps Lewiston

2007 64-68 Gray-New GloucesterExit 36 ramp Saco



1948 First traveler plaza opens with Howard Johnson’srestaurant and Mobile service station

1972 Authority opens second Kennebunk plaza to servesouthbound travelers

1985 First major rennovation of MTA’s service plazas

2006 Authority begins construction on new serviceplazas at Kennebunk, Cumberland and Gray

2007 Completes new Kennebunk, Cumberland and Grayplazas; breaks ground on West Gardiner service plaza

Traveler Service Timeline


Capital Improvements

In addition to programs to preserve and protect the high-way surface and its bridges, the Maine Turnpike Authority maintains operational and traveler service facilities criticalto providing a safe and efficientexperience for its customers.In 2007, the Authority saw significant progress on threemajor capital improvement initiatives contained in its 20-year plan that promise to boostrevenues, create new efficienciesand improve safety and customerservice for years to come.

Service plazas modernized

In 2006, the Maine TurnpikeAuthority embarked on a three-year program to rebuild its service plazas. The plazas providetraveler services to customers atkey locations along the MaineTurnpike; they give travelers aplace to stop, refuel and rest upbefore continuing on their jour-ney; and they generate non-tollrevenues through lease agree-ments with vendors, revenuesthat are directed to highwayand bridge improvements.

In May 2007, the TurnpikeAuthority officially opened thenewly rebuilt north and south-bound service plazas atKennebunk (Mile 25). TheAuthority has operated serviceplazas on that site since soonafter the highway opened, andthis was only the second majorrenovation of the facilities in 60years. Turnpike traffic has more

than doubled since that the last renovation from nearly 25million in 1985 to more than 63million vehicles in 2007 and thenew facilities are built to appealto modern travelers with anattractive food court layout and avariety of refreshment offerings.The new plazas were constructedby Ledgewood Construction ofSouth Portland, Maine.

The Turnpike Authority alsoopened two newly constructedservice plaza buildings atCumberland (southbound atMile 58) and Gray (northboundat Mile 59) in late June 2007.The plazas were constructed byArthur Dudley Construction ofStandish, Maine.

The Authority also began construction of a new WestGardiner service plaza in late2007. The new plaza will servetravelers on both the Turnpikeand I-295. It will replace theoutdated traveler facilities currently operating at Lewiston(southbound) and Litchfield(northbound). The project wasdivided into three contracts thatwere awarded to three Mainecontractors, Langford and Lowof Westbrook, RJ Grondin &Sons of Gorham and BridgeCorpof Lewiston. The new WestGardiner Plaza is scheduled toopen in the late fall of 2008.

Planning for trafficgrowth

At the request of the MaineDepartment of Transportation

The new traveler facilities at Kennebunk (Mile25) feature expanded parking, new vendors andimproved food court and outside seating. Thenew service plazas are expected to generateadditional rental revenues that will be used tomaintain and improve the highway.



Between 40,000 and 50,000 vehicles a day travel this stretch of the Turnpike in South Portland.


and the Portland AreaComprehensive TransportationCommittee, the TurnpikeAuthority has initiated a studyof safety and capacity issues on the nine-mile section ofhighway that runs through thegreater Portland area from Exit44 in Scarborough to Exit 53 in Falmouth. A 2006 trafficanalysis showed that this sectionof highway, that currentlyserves between 40,000-50,000vehicles per day, will reach“poor” levels of service by 2010with moderate traffic growth ofonly 2.1 percent.

In 2007, the Maine Legislaturegave its approval to a wideningof this section of highway, provided that a comprehensivestudy of reasonable alternativesconcludes that those strategieswould not be able to adequatelyaddress the demands ofincreasing traffic. The TurnpikeAuthority is expected to beginthe study, required by theMaine Sensible TransportationPolicy Act, in 2009.

Consolidating Turnpikeoperations

In November 2007, the TurnpikeAuthority broke ground on anew Administration and PublicSafety Building near the Jetportinterchange (Exit 46) in Portland.The facility will consolidate several turnpike operations –administration, E-ZPass customerservice and the Maine State

Police troop that patrols theturnpike – at a single, efficientand accessible location.

Currently, those operations arespread among four differentbuildings, some of which areleased by the Turnpike and others in need of extensive renovation. The new buildingwill be located directly off theMaine Turnpike, making it moreconvenient for customers to visitthe E-ZPass customer servicecenter and administrative offices.

The new building will housesafer, more secure and updatedheadquarters for Maine StatePolice Troop G. The policetroop, funded entirely by theAuthority, currently operates out of an 18th century farmhousenear Exit 45 in South Portland.The space is too small for thepolice troop that has grown by 10 officers since 1986, and cannot be secured properly orsupport necessary technologyupgrades. The new site alsowill provide a safe approach for Maine State Police officersand travelers seeking theirassistance.

By consolidating operations in asingle location and discontinuingthe practice of leasing spaceand renovating leased space, the Authority estimates it willsave $22 million over the next 20 years. The Administration and Public Safety Building is scheduled to be complete in2009.

Capital Improvements


14 I15 Maine Turnpike Authority Annual Report 2007

Maine Turnpike customers are protected 24 hours a day, seven days a week by a highly professional State Police trooptrained to handle a wide range of day-to-day and emergency situations.


Managing traffic demand is an integral part of the MaineTurnpike’s daily operations.Many factors affect travel safetyand convenience throughout theyear, from heavy tourist travel inthe summer to snow and iceduring the winter months. TheAuthority employs the latesttechnology to gather data forforecasting demand, as well asreal-time data and informationto keep the public informedabout traffic conditions on thehighway.

Protecting the public

Maine State Police Troop Gremains an essential element ofthe Maine Turnpike Authority’straffic and safety managementprogram. The 34-member forceis funded entirely by theAuthority and operates 24 hoursa day, seven days a week froma command center at the CrosbyMaintenance Facility in SouthPortland, with field offices inthe Turnpike’s York and WestGardiner maintenance facilities.Troop G is involved in allaspects of safety and lawenforcement on the Turnpike.Officers patrol the highway,enforce the speed limit, assist

disabled motorists,detect and apprehenddrivers under the influence of alcohol or drugs and enforceother state laws.

Investing in alternatives

Investment in alternative travelmodes is another priority in the Maine Turnpike Authority’straffic demand managementprogram – including operationof park and ride lots, support ofcarpools, vanpools and transitthrough co-funding of the GOMAINE commuter assistanceprogram and the ZOOM TurnpikeExpress with the MaineDOT.Spurred by rising fuel costs,new commuters were drawn to these programs in 2007.

GO MAINE’s active database of4,197 commuters grew by 22percent and logged more than350 active carpools and 22 commuter vanpools for the year.The ZOOM Turnpike Expresscommuter bus, now in its ninthyear of operation, served 26,411 passengers during FY 2007. The Turnpike also maintains andoperates 15 Park and Ride sitesfrom York to West Gardiner witha total of 1,134 available spaces(four of the sites are owned byMaineDOT).

Traffic management

ZOOM ridership

2003 21,1732004 22,7762005 24,5822006 25,7672007 26,411

GO MAINE Ridematchingdatabase

2003 2,0552004 2,7132005 3,1332006 3,4212007 4,197


A total of 76.6 million vehicletransactions were recorded onthe Maine Turnpike in 2007, anincrease of .63 percent over2006 (76.1 million vehicle transactions). It is estimatedthat those vehicles logged morethan 1.28 billion miles on thehighway during the year.

First quarter 2007 transactionsdecreased by 1.01 percentaffected by a slowing economy.Traffic rebounded slightly duringthe second quarter with a 1.68percent gain over 2006, boostedby favorable weather that jump-started the summer tourismseason in June.

Traffic growth remained steadyfor the third quarter at 2.82 percent, helped by an extendedand colorful autumn season.Transactions fell again duringthe fourth quarter when strongOctober growth (2.38 percent)

was offset by the year’s largestmonthly decrease in December(-7.88 percent) when the regionexperienced nearly 39 inches ofsnowfall. The net decrease forthe quarter was -1.69 percent.

Revenues followed a similarpattern for 2007. The year sawan overall gain in revenue withthe Maine Turnpike Authoritycollecting $84.5 million for theyear. Revenue growth wasstrongest during the second and third quarters (2.41 percentand 2.92 percent respectively).Those gains were offset bymore modest growth during thefirst quarter (.02 percent) and a slight decrease in revenues during the fourth quarter (-.71percent). The year finished witha revenue increase of 1.31 percent over the same period in 2006.

Traffic and revenues

32.0

38.2

45.7

57.8

63.4 BY THE NUMBERS:

Maine Turnpike trafficgrowth 1987-2007(in millions)

The number of vehicletrips* traveling on theMaine Turnpike has nearly doubled during the past 20 years.

* Annual vehicle trips (63.4 million) are fewer than actualtransactions (76.6 million) because some trips mayinvolve more than one transaction.

Diane Frederickson welcomes anothervisitor to Maine.


16 I 17Maine Turnpike Authority Annual Report 2007

The Maine Turnpike AuthorityToll Revenue and Transaction Comparison 2007



The Maine Turnpike AuthorityToll Revenue and Transaction Comparison 2007



Financial Statements

December 31, 2007


Maine Turnpike Authority Annual Report 200720 I 21

Certified Public Accountants and Business Consultants














EXECUTIVE DIRECTOR

Paul E. Violette

DEPUTY EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER

Neil R. Libby

CHIEF OPERATIONS OFFICER

Peter S. Merfeld, P.E.

SECRETARY AND STAFF ATTORNEY

Jonathan A. Arey, Esq.

TREASURER AND DIRECTOR OF FINANCE AND INFORMATION SERVICES

Douglas D. Davidson

DIRECTOR OF ENGINEERING AND BUILDING MAINTENANCE

Steve R. Tartre, P.E.

DIRECTOR OF FARE COLLECTION

Richard R. Barra

DIRECTOR OF HIGHWAY AND EQUIPMENT MAINTENANCE

Wesley L. Jackson

DIRECTOR OF HUMAN RESOURCES

Lauren G. Carrier

DIRECTOR OF HIGHWAY SAFETY

Gregory J. Stone

MANAGER OF GOVERNMENT AND COMMUNITY RELATIONS

Conrad W. Welzel

MANAGER OF PUBLIC RELATIONS AND COMMUNICATIONS

Daniel J. Paradee

CHIEF CONSULTING ENGINEER

Roland A. Lavallee, P.E., Vice President, HNTB Corporation,

Westbrook, Maine

SENIOR INVESTMENT AND BANKING MANAGER

Andrew F. Gurley, Managing Director, UBS Inc.,

New York, New York

TRUSTEE BANKER

James A. MacLeod, Esq. Senior Vice President and Trust Officer,

Bangor Savings Bank, Bangor, Maine

GENERAL LEGAL COUNSEL

Eric P. Stauffer, Partner, Preti, Flaherty, Beliveau, Pachios & Haley,

Portland, Maine

AUDITOR

Gregory J. Chabot, CPA Principal, Runyon Kersteen Ouellette,

South Portland, Maine

Maine Turnpike AuthorityExecutive Staff

Consultants

Photography: Kurt Brown Printed on FSC certified paper using soy-based inks.for postion only



430 Riverside Street

Portland, Maine 04103

207-871-7771

www.maineturnpike.com


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