Powhite Parkway Bridge
Encyclopedia
Powhite Parkway Bridge crosses the James River
in the independent city
of Richmond, Virginia
. It carries the Powhite Parkway, also known as Virginia State Route 76. The bridge is owned and maintained by the Richmond Metropolitan Authority
, and was funded with revenue bond
s which are repaid from user tolls
. There is no bridge toll to cross the Powhite Parkway Bridge, however the toll plazas located south of the bridge prohibit drivers from crossing the bridge without paying a Powhite Parkway toll.
James River (Virginia)
The James River is a river in the U.S. state of Virginia. It is long, extending to if one includes the Jackson River, the longer of its two source tributaries. The James River drains a catchment comprising . The watershed includes about 4% open water and an area with a population of 2.5 million...
in the independent city
Independent city
An independent city is a city that does not form part of another general-purpose local government entity. These type of cities should not be confused with city-states , which are fully sovereign cities that are not part of any other sovereign state.-Historical precursors:In the Holy Roman Empire,...
of Richmond, Virginia
Richmond, Virginia
Richmond is the capital of the Commonwealth of Virginia, in the United States. It is an independent city and not part of any county. Richmond is the center of the Richmond Metropolitan Statistical Area and the Greater Richmond area...
. It carries the Powhite Parkway, also known as Virginia State Route 76. The bridge is owned and maintained by the Richmond Metropolitan Authority
Richmond Metropolitan Authority
The Richmond Metropolitan Authority is an independent authority and political subdivision which serves the Richmond, Virginia metropolitan area. Created by an act of the Virginia General Assembly in 1966, the RMA was originally tasked with building and maintaining a toll expressway system for the...
, and was funded with revenue bond
Revenue bond
A revenue bond is a special type of municipal bond distinguished by its guarantee of repayment solely from revenues generated by a specified revenue-generating entity associated with the purpose of the bonds, rather than from a tax...
s which are repaid from user tolls
Toll road
A toll road is a privately or publicly built road for which a driver pays a toll for use. Structures for which tolls are charged include toll bridges and toll tunnels. Non-toll roads are financed using other sources of revenue, most typically fuel tax or general tax funds...
. There is no bridge toll to cross the Powhite Parkway Bridge, however the toll plazas located south of the bridge prohibit drivers from crossing the bridge without paying a Powhite Parkway toll.