Bridges Financial Report Released

by Rick Howlett on July 16, 2010

A report released today says the proposed $4.1 billion Ohio River Bridges Project could be funded with a combination of tolls, taxes, fees and state and federal aid.

The financial report from the Louisville and Southern Indiana Bridges Authority and the two states’ governments predicts that tolls could fund more than half of the cost of the project, assuming that motorists would pay $3 to cross two new bridges and the existing Kennedy Bridge.

The report says the three dollar figure is only being used for the sake of example, and actual rates could vary.

The proposed project includes bridges in downtown Louisville and Eastern Jefferson County and a reconfiguration of the Spaghetti Junction interchange.

The full, 12-page report can be seen here.

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{ 1 comment }

Curtis Morrison July 16, 2010 at 5:06 pm

Thank you for linking to the report, Rick.

Show Marcus Green how to do that if you get a chance. 😛

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