Ind. wraps up deal for Ohio River toll bridge

By: Associated Press Email
By: Associated Press Email

Indiana transportation officials have finalized contracts to build a new bridge over the Ohio River to Kentucky.

The Courier-Journal reported Friday that final contracts have been completed with WVB East End Partners, a consortium Indiana picked to design, finance, build, operate and maintain the bridge.

Indiana Department of Transportation spokesman Will Wingfield said the deal is the last step in the bridge's financing. The toll bridge linking Utica, Ind., and Prospect, Ky., is one of two new bridges that will be built between the two states.

WVB will use toll revenue appropriated by the Indiana General Assembly to pay off bonds with a total debt of $1.48 billion through 2051.

Construction is expected to begin in May.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WNDU - Channel 16 54516 State Road 933 South Bend, IN 46637 Front Desk: 574-284-3000 Newsroom: 574-284-3016 Email: newscenter16@wndu.com
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 200676481