Posted on Monday, March 31, 2014 by Bridge
Mar 31, 2014
WASHINGTON – As Kentucky leaders continue to tussle over how to pay the $2.6 billion price tag for replacing the outdated Brent Spence Bridge, some clearly hope Congress will come to the rescue.
In arguing for a ban on tolls as a way to pay for the bridge, Kentucky state legislative leaders said earlier this month that the Brent Spence Bridge was the federal...
Posted on Wednesday, March 26, 2014 by Bridge
Mar 26, 2014
This is a story from Politico.
By Adam Snider
3/26/14 4:17 PM EDT
The federal trust fund that pays for road, bridge and transit projects is on the verge of entering unknown territory: going dry.
Unless Congress acts, the Highway Trust Fund will start running out of money in July for the first time in its 58-year history, with no real precedent for what happens...
Posted on Friday, March 21, 2014 by Bridge
Mar 21, 2014
By Mike Hancock
Secretary, Kentucky Transportation Cabinet
FRANKFORT, Ky. – On average, a commuter in the Greater Cincinnati and Northern Kentucky area spends 37 hours per year in traffic jams. That is according to the closely watched and highly regarded Urban Mobility Report issued annually by the Texas Transportation Institute at Texas A&M...
Mar 21, 2014
Geoff Davis of Hebron represented Kentucky’s Fourth Congressional District in Congress from 2005 to 2012.
While representing my congressional district in Washington, I worked with former U.S. Sen. Jim Bunning of Southgate to earmark nearly $50 million for the replacement of the Brent Spence Bridge.
The funding was essential to lay the foundation for the major...
Posted on Thursday, March 20, 2014 by Bridge
Mar 20, 2014
In the course of 30 years, the Ohio River Bridges Project is expected to generate an average of 15,556 new jobs a year, $29.5 billion in personal income and $86.7 billion in economic output for the Louisville region, according to a new economic impact study.
Click here to read...
Posted on Friday, March 14, 2014 by Bridge
Kentucky Transportation Cabinet Secretary Mike Hancock responds to a question from OKI Executive Director Mark Policinski regarding speculation that tolls on the Brent Spence Bridge would cost $6.50.
That is certainly not the case. As included in the Options Analysis the Transportation Cabinet publicly released with the Ohio Department of...
Posted on Wednesday, March 12, 2014 by Bridge
With less than three weeks remaining until the General Assembly begins their veto recess, time is running short to pass HB 407, legislation to authorize public-private partnerships in Kentucky. HB 407 (Combs) enables the use of public-private partnerships (P3s) by state and local governments to encourage competition for private sector investments, save tax...
Posted on Sunday, March 9, 2014 by Bridge
The Brent Spence Bridge opened to traffic 50 years ago with what was then considered a forward-thinking design: a double-deck structure, one deck headed north, one headed south. It was built to carry 80,000 cars and 3,000 trucks a day, a substantial flow of traffic in 1963.
Fast forward to 2014 and the same bridge is now carrying double the traffic – 160,000...
Posted on Thursday, March 6, 2014 by Bridge
FRANKFORT—A bill that would allow the use of public-private partnerships, or P3s, to finance major government projects in the Commonwealth has cleared the House Appropriations and Revenue Committee.
P3s are public services or private ventures financed through partnerships between the public sector and one or more private companies.
House Bill 407 would impact...