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Bill to free $400M for highways passed by House

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A bill to free up $400 million for state highways and assign $25 million of it for local road projects passed the Indiana House of Representatives on Monday.

House Bill 1002, authored by Rep. Tim Brown, R-Crawfordsville, transfers the balance of the Major Moves 2020 Trust Fund to the state highway fund before July 1, 2015.

The money had been set aside by lawmakers last year for future projects.

But Brown said if the state waited to use the fund, it “could lose 20 [percent] to 28 percent of the purchasing power of that money due to inflation, especially the inflation of the products used to make roads.”

Rep. Ed Soliday, R- Valparaiso, authored an amendment to the bill that would give $25 million of the total for a local infrastructure grant fund.

Local communities could then receive a portion of the fund to undertake road projects, providing they can contribute 10 percent of the total amount requested.

The legislation received support from both parties during House discussion and was passed by a vote of 91-2.

The bill now moves to the Senate for further consideration.

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  1. How much you wanna bet, that 70% of the jobs created there (after construction) are minimum wage? And Harvey is correct, the vast majority of residents in this project will drive to their jobs, and to think otherwise, is like Harvey says, a pipe dream. Someone working at a restaurant or retail store will not be able to afford living there. What ever happened to people who wanted to build buildings, paying for it themselves? Not a fan of these tax deals.

  2. Uh, no GeorgeP. The project is supposed to bring on 1,000 jobs and those people along with the people that will be living in the new residential will be driving to their jobs. The walkable stuff is a pipe dream. Besides, walkable is defined as having all daily necessities within 1/2 mile. That's not the case here. Never will be.

  3. Brad is on to something there. The merger of the Formula E and IndyCar Series would give IndyCar access to International markets and Formula E access the Indianapolis 500, not to mention some other events in the USA. Maybe after 2016 but before the new Dallara is rolled out for 2018. This give IndyCar two more seasons to run the DW12 and Formula E to get charged up, pun intended. Then shock the racing world, pun intended, but making the 101st Indianapolis 500 a stellar, groundbreaking event: The first all-electric Indy 500, and use that platform to promote the future of the sport.

  4. No, HarveyF, the exact opposite. Greater density and closeness to retail and everyday necessities reduces traffic. When one has to drive miles for necessities, all those cars are on the roads for many miles. When reasonable density is built, low rise in this case, in the middle of a thriving retail area, one has to drive far less, actually reducing the number of cars on the road.

  5. The Indy Star announced today the appointment of a new Beverage Reporter! So instead of insightful reports on Indy pro sports and Indiana college teams, you now get to read stories about the 432nd new brewery open or some obscure Hoosier winery winning a county fair blue ribbon. Yep, that's the coverage we Star readers crave. Not.

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