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Fishers to kick in $8M toward new I-69 interchange

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The Fishers Town Council voted Monday to join Hamilton County in spending $10 million in local funds toward construction of an Interstate 69 exit at 106th Street.

Fishers will contribute $8 million toward the estimated $25 million cost of the new interchange. Hamilton County commissioners in October agreed to contribute $2 million to the project from the county’s major bridge fund.

“The new 106th Street exit will reap dividends in economic development and reduced travel on town streets with minimal impact to through traffic on I-69,” said Fishers Town Council President Scott Faultless in a prepared statement.
 
Fishers said it will move quickly to issue a bond to finance its $8 million portion. After getting the $10 million, the Indiana Department of Transportation will begin initial planning and environmental review for the project.

With approval of by the Federal Highway Administration and the Indianapolis Metropolitan Planning Organization, construction could begin on what will be called Exit 204 in 2015.

Fishers, Hamilton County and INDOT officials declined to discuss details of the agreement before Monday’s meeting.

“A 106th Street interchange is something we’ve been pursuing for quite some time, for more than two years,” said Maura Leon-Barber, town of Fishers spokeswoman, earlier Monday. “Traffic volume and congestion is obviously something that has been a concern in that area.”

The lack of an I-69 interchange at 106th Street often leads to traffic congestion at the interchanges at 96th and 116th streets, Leon-Barber said. About 110,000 vehicles travel that stretch of I-69 daily.

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  • Sorry Fishers gal
    Should've done your homework or become an activist. You could have seen this coming 26 (or even 36) years ago. By the time you bought, the fix was already in, and the endless loop of sprawl was well on its way to consuming your little slice of heaven. Moose at the gate should've told you.
  • Double talk
    I've lived in a neighborhood at 106th and Hague for more than 16 years. We have been told all along that 106th Street was never planned to be expanded like 116th and 96th were, because of the amount of residential development along that street. Now they've decided they can wedge another highway exit in there, when the real need is for another exit between 116th and Southeastern/Campus Parkway. Between the increased traffic, road noise and "economic development" and the possibility of light rail running (but likely not stopping in a place that's walkable) on the tracks beside our neighborhood, our property values will drop like a rock. Can anyone explain why our town leaders this is a good idea to screw up so much existing residential development? Or is this another "up yours" to the voters who chose to become a city?
    • Catch up Kevin
      Kevin, it does not sound like you have ever driven on 69 in the morning or evening. It is a parking lot and is an embarrasment to the city. Urban sprawl happened a long time ago, probably before you were born. There should also be an exit at 126th street. The 37 N exit is several years too late. Lets get someone with some vision on these boards. I would take light rail downtown if it existed. The commute into and out of the city from the north side is awful and gets worse every year. Make it a priority to make alternate routes to and from downtown and that will help.
    • Comparisons
      I don't have a strong feeling one way or the other on this new interchange, but I think that it displays a serious issue in transportation funding in Indiana. When mass transit wants to spend $25 million, it gets probed and prodded and eventually they get $8M. When a new interchange gets built, it rains dollars like manna from heaven. Incredible how highway projects always seem to be adequately funded (even when grossly unnecessary) but mass transit must make do with the scrapings.
    • Not even close to a good idea
      Isn't Scott Faultless a slip and fall lawyer? With I-69 already a tangled up mess all the way from 465 North to 96th Street to 116th Street, it seems like a very bad idea to add another exit right in the middle of this disaster. Clearly, the town of Fishers wants the property tax revenue that will come from this. I wouldn't be surprised if some of the town council members have already locked in some of the involved real estate, which will escalate in value. This is a project that might be good for the town council, but bad for the town residents who will have to put up with the complete traffic gridlock that will result.
    • Transportation
      Mass transit should be the focus as well.
    • More roads?
      More roads = more traffic = suburban sprawl = expanded City utilities and services = higher taxes.
      • About Time
        Interesting the Town of Fishers Council is finally on board with this project. It was needed more than 10 years ago but the Council has never supportive. I guess the recent vote to move to a city has made them realize they will now be held accountable.
      • Priorities
        Too bad we can't find any money to look at mass transit - This is way more cost effective, right?
      • Expensive Trees
        Wow, highway funding sure seems to be a recession and debt proof industry. Thank god we have grown so much as a region that we need numerous new superhighways and continuous projects for existing roadways.

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      1. So as I read this the one question that continues to come to me to ask is. Didn't Indiana only have a couple of exchanges for people to opt into which were very high because we really didn't want to expect the plan. So was this study done during that time and if so then I can understand these numbers. I also understand that we have now opened up for more options for hoosiers to choose from. Please correct if I'm wrong and if I'm not why was this not part of the story so that true overview could be taken away and not just parts of it to continue this negative tone against the ACA. I look forward to the clarity.

      2. It's really very simple. All forms of transportation are subsidized. All of them. Your tax money already goes toward every single form of transportation in the state. It is not a bad thing to put tax money toward mass transit. The state spends over 1,000,000,000 (yes billion) on roadway expansions and maintenance every single year. If you want to cry foul over anything cry foul over the overbuilding of highways which only serve people who can afford their own automobile.

      3. So instead of subsidizing a project with a market-driven scope, you suggest we subsidize a project that is way out of line with anything that can be economically sustainable just so we can have a better-looking skyline?

      4. Downtowner, if Cummins isn't getting expedited permitting and tax breaks to "do what they do", then I'd be happy with letting the market decide. But that isn't the case, is it?

      5. Patty, this commuter line provides a way for workers (willing to work lower wages) to get from Marion county to Hamilton county. These people are running your restaurants, hotels, hospitals, and retail stores. I don't see a lot of residents of Carmel working these jobs.

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