From our Chamber ("GLI") regarding Bridges

 

In his budget address last week, Governor Beshear announced an additional $100 million in federal highway funds for the Ohio River Bridges Project. This funding is in addition to the $231 million in bonds already authorized for the project. The project, including construction of two new bridges and a redesign of Spaghetti Junction downtown, is the region's most pressing infrastructure need and a critical component of future job growth and investment in the region.

 

Another important milestone in project financing will take place early next month, when the Indiana-Kentucky Bi-State Authority meets for the first time on February 2. The 14-member authority, which includes industry and community representatives from both sides of the river, will develop a long-term financing and construction plan for the project.

 

Meanwhile, project advancements continue. Kentucky is buying land for the project and Indiana is completing preliminary design for the East End bridge approach, including a new interchange estimated to save the project $66 million while improving safety and traffic flow. For more information, visit www.TheBridgesCoalition.com and www.KYINBridges.com.