Gov. Williams F. Weld of Massachusetts is considering the feasibility of privatizing the state's Turnpike Authority, a plan that could lead to defeasing the authority's $200 million of outstanding bonds.

Rankled by the turnpike's ongoing tax-exempt borrowing activities and conviced that the infrastructure improvements can be handled out of toll revenues, the governor has asked Goldman Sachs & Co. and other firms to submit feasibility proposals for either selling the authority outright or merging it into the state's transportation system, according to Dominic Slowey, chief spokesman in the executive office for administration and finance.

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