OHIO TURNPIKE COMMISSION

Resolution Adopting Proposed Capital Budget for the Year 2011

WHEREAS, the 2011 annual operating budget includes transfers of revenues to the

System Projects Fund, Renewal and Replacement Fund, Fuel Tax Fund and Service Plazas

Capital Improvement Fund; and

NOW, THEREFORE, BE IT

RESOLVED that the Commission hereby authorizes expenditures on 2011 capital

projects which shall constitute System projects to the extent provided in the Trust Agreement

from the System Projects Fund, Renewal and Replacement Fund, Fuel Tax Fund and Service

Plaza Capital Improvement Fund, not to exceed a combined total of up to $85,275,000.00,

which projects will not be awarded except as provided by Article V of the Commission’s Code

of Bylaws dated March 17, 2003.

(Resolution No. 50-2010 adopted December 20, 2010)

WHEREAS, the transfers of 2011 revenues to the System Projects Fund, Renewal and

Replacement Fund, Fuel Tax Fund and Service Plaza Capital Improvement Fund are intended

to be added to any unspent balances in these funds and the total to be available for capital

expenditures; and

WHEREAS, the Commission’s Executive Director, Chief Engineer and

CFO/Comptroller have recommended a preliminary list of 2011 capital projects, which list of

projects is subject to change, totaling up to $85,275,000.00;