MIAMI, Aug. 11, 2015 /PRNewswire/ -- There are just over two weeks left for frequent drivers on MDX expressways to register for the MDX Cash Back Toll Dividend (CBTD). This innovative initiative, believed to be the first of its kind, is the agency's free customer loyalty program. There is no cost to participate and registration is free by signing up at www.mdxway.com/cashback.
The way the program works is simple. Each fiscal year, July 1 through June 30, after the close of its financial books, MDX Board of Directors will declare a toll distribution of dividends to members of the program. This is after MDX meets its financial obligations, including making its annual principal and interest payments; meeting its senior debt coverage ratio and; covering its operation and maintenance costs.
Through the CBTD, MDX Board of Directors wants to ensure that its loyal customers who have invested their toll dollars to pay for the cost of improvements on MDX expressways are the direct beneficiary of the agency's efficiencies. By giving money back to its customers, MDX is making the cost of tolls lower for drivers on the agency's five expressways – SR 112/Airport Expressway, SR 836/Dolphin Expressway, SR 874/Don Shula Expressway, SR 878/Snapper Creek Expressway, and SR 924/Gratigny Parkway.
If you were previously enrolled in the MDX Advantage Program, you are automatically enrolled in the new Cash Back Toll Dividend Program. Open enrollment ends on August 31, 2015. Sign up today by visiting www.mdxway.com/cashback. For questions about the CBTD, submit an inquiry via e-mail at firstname.lastname@example.org or call 786-433-4103, Monday through Friday from 9 a.m. to 5 p.m.
MDX operates and maintains five user-supported expressways in Miami-Dade County – SR 112/Airport Expressway, SR 836/Dolphin Expressway, SR 874/Don Shula Expressway, SR 878/Snapper Creek Expressway, and SR 924/Gratigny Parkway. MDX expressways are funded by toll revenue, which is reinvested back into the community and funds the construction of projects that alleviate traffic congestion, create thousands of local jobs and provide new opportunities to small and local businesses. The agency also gives back a portion of its annual revenue to drivers through the MDX Cash Back Toll Dividend Program.
Media Contact: Mario Diaz
305-637-3277 x 2140