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Tag: bonds
Roadbuilding
N. Carolina opens door to $3B in new highway funding
Although it can only be used for certain projects North Carolina lawmakers hope to help the state’s highways keep up with projected population growth.
June 20, 2018
Roadbuilding
Okla. commission adopts $926 million road and bridge plan
A plan for $926 million worth of road and bridge projects has been approved by the Oklahoma Transportation Commission through 2022. The plan calls for improving 800 miles of road and replacing or rehabilitating 400 bridges, according to the Oklahoma Department of Transportation. ODOT says 297 of the bridges are rated as structurally deficient. The […]
November 13, 2017
Roadbuilding
Maine to borrow $105 million for transportation projects
Maine voters approved the issuance of $105 million worth of bonds in the November 7 election to pay for roads and bridges. The borrowing will match about $137 million in federal and other funding. The bulk of the money would be for secondary roads and bridges, and about $20 million would go toward rail, aviation, […]
November 9, 2017
Roadbuilding
West Virginians approve $1.6 billion for roads and bridges in referendum
West Virginia voters decided it was time to spend some money on roads and bridges and agreed Saturday in a referendum to issue $1.6 billion worth of bonds over the next four years. Gov. Jim Justice has called for a special legislative session October 16 to implement the plan, including streamlining the hiring process for […]
October 11, 2017
Roadbuilding
Illinois Governor signs $1B plan for road repairs
Illinois Gov. Pat Quinn has signed a $1 billion capital spending plan, intended to create jobs and help repair the state’s roads and bridges. Transportation officials claim the money will go toward “shovel ready” road projects scheduled to take place this summer. Quinn estimates the 210 road projects will create around 14,300 jobs. Most of […]
July 23, 2014
Roadbuilding
Nevada Board of Transportation approves $100 million in bonds for I-15 expansion project
A project that will widen Interstate 15 in Las Vegas is one step closer to becoming a reality. The Nevada Board of Transportation on Monday approved the sale of $100 million in revenue bonds to buy right-of-way for the $1 billion project, the Las Vegas Sun reports. The Nevada Department of Transportation (NDOT) will partner […]
January 14, 2014
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