Vt. Sells $14.4M in Bonds for Bridge

Fri August 13, 2010 - Northeast Edition
Construction Equipment Guide


MONTPELIER, Vt. (AP) The state of Vermont has sold $14.4 million in transportation infrastructure bonds to help pay for rebuilding the Champlain Bridge and other projects.

State Treasurer Jeb Spaulding said part of the money will go toward the state’s share of the cost of rebuilding the span between Addison, Vt., and Crown Point, N.Y. The old bridge was condemned and demolished last year after it was deemed unsafe.

Spaulding said it’s expected the federal government will pay 80 percent of bridge construction costs, with the balance divided between Vermont and New York.

Money from the bond issue also will go toward interstate bridge rehabilitation work in Brattleboro and Putney, bridge projects in Cambridge, Cornwall, Richmond, and in the Moretown-Middlesex area and completing the Bennington Bypass.




Today's top stories

WBEs Leave Mark On Kansas City Airport

Ditch Witch MT26 Microtrencher Provides Deepest Cut Option for Fiber Job Sites

Caterpillar Surpasses $3B Tonnes Hauled Autonomously by Cat Command for Hauling Trucks

Crews Construct Bridge Offsite, Float It Into Place

All-New Brandt Coupler Built for Safety, Optimized for Deere

VIDEO: Volvo CE Delivers Its Version of the Factory 4 Tomorrow

Brass Knuckle Splash Goggle/Face Shield-In-One is Force to Be Reckoned With

Brooks Breaks Ground in Sparta, Wisconsin








ceg-logo ceg-logo ceg-logo ceg-logo ceg-logo