A creatively engineered funding plan of federal, state, local and borrowing has assured that a critical bridge in Missouri will be replaced, instead of repaired. This summer, the Missouri Department of Transportation got $81 million of a federal infrastructure (INFRA) grant, plus the promise of state funding to borrow what it needs to keep traffic flowing over the Missouri River on I-70.
The money will also be used to build climbing lanes on I-70 at what’s known as Mineola Hill in Montgomery County, in the Loutre River valley. “Mineola Hill impacts the national freight network every day,” says MoDOT Director Patrick McKenna.
“The combination of the two created a very strong application and the USDOT recognized that. But that did not provide all of the source of funding for the bridge,” he adds. “We had about a $106 million gap to close. We’ve been working very closely with the highway commission to fill that gap. We’re going to do that through cost-share and the infrastructure bank and we’re really pleased with the way that’s all coming together.”
The Legislature approved $351.0 million for replacement and repair of bridges, including $50 million one-time General Revenue and $301.0 million from bonding, which was contingent upon the award of the federal INFRA Grant.