$100 Million In Bridges Bonds Sold

by Gabe Bullard on December 18, 2009

Kentucky Governor Steve Beshear Friday announced the sale of one hundred million dollars in bonds for the Ohio River Bridges Project.

The money will be used to purchase and prepare land for the bridges on the  Kentucky side.     That land will be downtown and in eastern Jefferson County. It sets the path for two bridges over the river and into southern Indiana.

Opposition groups have fought the two bridges plan, and some hope the bi-state bridge authority will abandon one of the spans as the project continues.   Beshear says the project will not change.

“The details about what goes first and what goes second are going to be left up to the bi-state authority and to our two transportation cabinets as we work through how to do this,” he says.

The authority will begin meeting in the next few weeks. Its first task will be to determine out how to pay for the bridges’ construction. Tolls are an option, and federal funds may also be made available.

“I think the administration is going to come forward with a proposal for a national infrastructure bank, which is something I’ve long been interested in and I know our leadership in congress is interested in,” says Congressman John Yarmuth.

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