Interstates/Highways

RACE: Rest areas, welcome centers send negative message

August 30, 2014
Bruce Race / Special to IBJ
Indiana has branded itself as the Crossroads of America. We take pride in being an automotive and industrial state. You’d think we’d embrace the idea of rest stops that welcome visitors and celebrate the car culture.
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Leg of I-69 project now due to open by end of 2015

July 27, 2014
Associated Press
The Indiana Department of Transportation now plans for Interstate 69 to reach Bloomington by the end of 2015, a year later than originally planned.
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State sells $244 million in bonds for I-69 segment

July 25, 2014
Associated Press
The project will upgrade Indiana 37 to interstate standards. It's part of the I-69 extension that will connect Indianapolis and Evansville.
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Judge blocks ordinance aimed at I-69 work noise

July 21, 2014
Associated Press
Marion County Judge David Dreyer issued a temporary injunction Monday blocking a Monroe County ordinance that limited noise on the project between 10 p.m. and 6 a.m.
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Suit tests INDOT policy of charging for highway repairsRestricted Content

July 19, 2014
Kathleen McLaughlin
A trucking company is challenging the Indiana Department of Transportation’s authority to sue for damage to state property, a lawsuit that could affect thousands of motorists and millions of dollars in revenue.
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State officials confident federal highway funds will come through

July 17, 2014
Emily Metheny, The Statehouse File
Indiana has not solidified contingency plans that would be needed if Congress fails to pass a deal to cover a shortfall in a federal highway fund.
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Indiana sues county over I-69 noise ordinance

July 15, 2014
Associated Press
The Indiana Department of Transportation is suing the commissioners of a southern Indiana county, saying they have no authority to limit construction of the Interstate 69 extension near Bloomington with an ordinance that restricts overnight noise.
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Panel recommends highway projects, indexed gas tax

July 9, 2014
Seth Morin, The Statehouse File
The state should index its gas tax to increase with inflation, build a new bypass around Indianapolis, and consider user fees to supplement highway funding, a transportation panel said in its recommendations Wednesday.
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Indiana Toll Road operator facing debt woes

June 19, 2014
Associated Press
The Spanish-Australian investor group Cintra-Macquarie paid the state $3.8 billion in 2006 for a 75-year lease of the 157-mile highway, but its toll revenue hasn't met expectations.
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Illiana highway ruling slowed by wildlife concerns

June 11, 2014
Associated Press
Federal approval for the Illiana Expressway toll road has been delayed by concerns from the U.S. Fish and Wildlife Service partly over how the project might affect endangered species, an Indiana Department of Transportation project manager said.
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Shine comes off privatization for state projects

May 26, 2014
Associated Press
New approaches to privatization have forced officials in Indiana and Illinois to rethink their funding plans for the 47-mile Illiana Expressway.
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UPDATE: Fatal accident wreaks havoc on north-side traffic

May 9, 2014
Associated Press
Two highway workers were killed when a pickup truck crashed in an Interstate 69 construction zone on the northeast side of Indianapolis. Morning commute traffic backed up for miles.
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Indiana, Illinois sign deal to build Illiana toll road

May 7, 2014
Associated Press
The 33-page document posted online Tuesday specifies that Indiana will spend $80 million to $110 million and Illinois will pay a minimum of $250 million to build the 47-mile-long Illiana Expressway toll road.
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Keystone-style overhaul discussed for key Hamilton County corridor

May 3, 2014
Andrea Muirragui Davis
A study recommends replacing as many as 10 signalized intersections along State Road 37 with roundabout interchanges, dropping the highway under the cross streets.
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Environmental groups sue to stop Illiana Tollway

April 17, 2014
Associated Press
Chicago environmental groups filed a lawsuit Thursday to stop the proposed $1.3 billion Illiana Tollway linking northern Illinois and northwestern Indiana, claiming the Illinois Department of Transportation doesn't have authority to develop it.
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Indiana agencies finalize deal for new I-69 section

April 15, 2014
Associated Press
Indiana officials have approved a pact with a private company that will finance and build the new section of Interstate 69 between Bloomington and Martinsville.
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Groups hope to revive Indiana Commerce Connector

April 6, 2014
Associated Press
A group of central Indiana manufacturers and warehousing companies hopes to revive a proposal for a highway that would connect the region's major interstates and communities.
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Harsh winter costs Indiana highway agency $57M

April 3, 2014
Associated Press
The Indiana Department of Transportation used 437,000 tons of salt and more than 5 million gallons of salt brine, and its trucks logged nearly 8.8 million miles.
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New highways funds aimed at I-65, job creation

April 3, 2014
Associated Press,  The Statehouse File
The construction planned with the money, as well as an additional $200 million that's being held pending review, could create as many as 9,800 jobs in the state, INDOT estimates.
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State to widen Interstate 65 south of Southport

March 31, 2014
Kathleen McLaughlin
Greenwood-area commuters should have more breathing room on Interstate 65 after a highway-widening project planned by the Indiana Department of Transportation.
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Public-private plan for I-69 work proves divisive

March 30, 2014
Associated Press
A plan to finance the cost of a section of the new Interstate 69 connection between Indianapolis and Evansville is drawing both praise and ire.
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Study will seek answers to transportation funding issue

March 21, 2014
Jacob Rund, The Statehouse File
The Indiana Department of Transportation will launch an expansive study seeking new ways to finance road construction and maintenance, according to a bill passed by the Indiana legislature awaiting the governor's signature.
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Illiana Expressway eligible for low-interest loan

March 17, 2014
Associated Press
The proposed Illiana Expressway linking northwestern Indiana with Chicago's south suburbs is eligible for a low-interest federal loan for up to one-third of the cost of the $1.5 billion project.
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Compromise bill allows state to spend $200M on interstates

March 13, 2014
 The Statehouse File
The House passed the compromise bill 95-4, even as a number of lawmakers – including Democrats – complained that the legislation doesn’t include any money for local roads.
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Indiana road-funding measure nears final vote

March 10, 2014
Associated Press
Indiana House and Senate lawmakers are still deciding whether to release $200 million for road expansion projects.
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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