Saturday, July 17, 2010
Toll Plan For New Ohio River Bridges
KENTUCKY....
The Louisville and Southern Indiana Bridges Authority, along with the states of Kentucky and Indiana, have prepared and submitted a report to the Kentuckiana Regional Planning and Development Agency,saying $3 tolls would fund more than half of the $4.1 billion cost to build two new Ohio River bridges and reconstruct the Spaghetti Junction, a busy downtown Louisville interchange. The report anticipates $2.2 to $3.3 billion of the cost could come from tolls, while the other could come from federal financing and possibly items such as parking fees and a dedicated sales tax. The bridges authority expects to give the Federal Highway Administration a more detailed financial plan by the end of the year, including how much and where tolls would be charged.