IBJNews

Ohio River bridge plan calls for tolls on 3 spans

Back to TopCommentsE-mailPrintBookmark and Share

The governors of Indiana and Kentucky on Monday agreed to use tolls to pay for two new Ohio River bridges and a revamped Interstate 65 bridge over the river, all in the Louisville metropolitan area.

Tolls ranging from about $1 per crossing for passenger vehicles with transponders to about $10 for semitrailers will begin once the first bridge is completed in 2017 or 2018 under a memorandum of understanding that outlines each state's terms and responsibilities for financing and building the new bridges.

Under the bi-state agreement, Indiana will oversee construction of what's being called East End bridge between Utica, Ind., and Prospect, Ky., linking the Lee Hamilton Expressway in Indiana and the Gene Snyder Freeway in Kentucky. The bridge will complete a loop around the east side of the metropolitan area.

Kentucky will oversee financing and construction of the downtown portion of the project: a new downtown bridge, the reconfigured Kennedy Bridge and upgrades of interchanges on both sides of the river.

Indiana Gov. Mitch Daniels said "decades of waiting for greater convenience and quality of life in the metro area will soon be over."

"Southern Indiana has tremendous economic prospects and these new bridges are the key to making them real," he said in a news release.

Kentucky Gov. Steve Beshear said, "Through cooperation and determination, we will achieve what this region has talked about — but been unable to deliver — for four decades."

The toll rates aren't set yet, but plans calls for $1 per crossing for frequent commuters in cars, SUVs and other passenger vehicles using transponders; about $2 for other cars, SUVs and passenger vehicles; about $5 for panel trucks and about $10 for semitrailers. Toll rates would be set and periodically adjusted by the two states' transportation and finance agencies and governed by the financing contracts and bond agreements the states reach with private companies.

Kentucky has pledged $536 million for the downtown portion of the project, and Indiana has committed $432 million, the news release said.

Indiana Department of Transportation spokesman Will Wingfield said Indiana will use a private company to finance the East End bridge, which is forecast to cost a total of nearly $1.3 billion, plus the cost of financing. Indiana will pay the $432 in milestone payments over eight years, then use proceeds from the tolls to pay off the remaining costs.

Kentucky will use a design-build approach with the Kentucky Public Transportation Infrastructure Authority issuing toll revenue bonds to help cover construction costs, the news release said.

ADVERTISEMENT

  • detour
    Cincinnati will be my new route to lexington Kentucky and gatlinburg... That will include convenience store stops and gas fill ups, Will avoid Louisville because of the additional bridge backups this will cause.
  • Not Quite BttB90
    As it turns out, a portion of my taxes pay for the roads you use along with many other residents. As a resident of Indianapolis, we donate more in tax revenue for roads than we recieve. The same goes on a national scale. Larger states pay more than they recieve in federal highway spending. We will also be asked to pick up the tab for continual upkeep and work on these roads. Luckily, the toll will help offset these hidden costs some, but ultimately, it is yet another tax on me for a service I don't use.
  • go old Mitch
    I'm sure Mitch is looking for a buyer even before the Bridge's are built...
  • NO UNIONS
    Indiana is a Right To Work state and so is Kentucky. Any person can work on this project including Alien workers, this goes on everyday on ALL projects including Government work.
  • Get Real Joe
    Joe - The users of the roads have paid for them over and over again. The rasons for the high cost of construction is the Davis Bacon Act which by mandate increases cost over 40% to do any work with federal or state funding. Then there's the union cost that always runs over budget unless we the taxpayer is straddled with a bonus for on time or early completion. So in esscence we have actually overpaid for these roads with the transportation departments in cohoots with the contractors to make sure everyone gets their cut.
  • Not Enough....
    This is still far from actually having users pay, but it is a nice step in the right direction. If only people actually had to pay the full price to use all roads.......
  • KY/IN Bridges Progress
    It is unfortunate with all the State, Federal, Local, Fuel and other related taxes that yet another tax needs to be implemented to pay for these improvements.
  • $4.00 to Louisville
    After years of congestion on I-65 at the state line, you're now telling me I have to pay $4.00 to go to and come from Louisville?

    With the high price of gas (which is taxed for highway funds) and the additional toll, I guess Louisville will not be getting any of my tourist and shoppping dollars anymore.

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
ADVERTISEMENT