Toll board member conflicts of interest being investigated
This is no small matter if the FBI is investigating a toll authority board member.
Transportation authority member’s investments at issue in concerns about possible conflicts
By Kevin Krause
Dallas Morning News
June 15, 2013
When toll roads or any type of highways are built, those who own land in their path stand to make a hefty profit when development inevitably follows.
Such is the case with toll roads built by the North Texas Tollway Authority. This Sunday, we explore the case of one NTTA board member, David Denison, who’s private business interests have been tied closely to the construction of toll roads in the area.
Denison, an NTTA board member since 2005, has not been accused publicly of any wrongdoing, and he says he has never let his personal investments color his votes on the NTTA.
But the FBI is investigating potential conflicts of interest on the board, and Denison’s case is one that apparently has been examined.
Denison has worked for years as a consultant for a Dallas real estate investment company that has profited from land deals alongside toll roads. In early 2011, Denison disclosed to the NTTA his involvement with the company, now known as Stratford Land.
Stratford has closely watched the progress of toll road planning and construction in the Dallas area over the years. So has Denison.
See Sunday’s paper for more details on Denison’s dual role as toll road investor and tollway authority board member.