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Officials Consider I-69 Funding At Regional Summit

By Sara Wittmeyer

Posted October 21, 2014

Officials say everything is on the table as they consider how to fund the remaining construction of I-69.

Money was the primary focus of this year's I-69 regional summit.

Officials say there's money to finish the road from Evansville to Martinsville, but getting it north to Indianapolis and connecting it across the river south to Kentucky will require what many are calling an innovative idea.

Money from the lease of the Indiana Toll Road funded the construction of the first three sections of I-69 from Evansville to Crane. The state's gas tax was used primarily to fund section four from Crane to Bloomington, and section five from Bloomington to Martinsville is funded through a public private partnership.

Indiana Department of Transportation Commissioner Karl Browning says the state hired the company Isolux to construct and operate that section of the interstate.

"[T]hey're putting up the upfront money to build it, and then we will pay them an amount of money every year for the maintenance and repayment, if you will, of the original funding," Browning says.

The state hasn't identified a source of funding for section six.

Browning says those discussions are premature because, right now, it's unclear what path the road will take from Martinsville to Indianapolis. It could continue north up 37, go west, or east. The only stipulation is that is has to connect to Interstate 465.

There's also no funding for the bridge that would connect I-69 in Evansville and Kentucky.

Browning says the state is working with Kentucky on a traffic study that looks at all options including public private partnerships and tolls.

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Officials Consider I-69 Funding At Regional Summit

By Sara Wittmeyer

Posted October 21, 2014

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